Historians will write about this epic as yet another in the US's history of regional competition. It will be seen as a series of assaults on the California political domination of DC, First the Tea party, now the 30 Little Hoovers in the Senate. None of them friendly to the California system.
This entire 16 month episode of battle has been about one thing, getting California on its feet and ready for Obamacare. That requirement alone has made California the linch pin of the US economy. If Obamacare does not sign up the young, healthy and wealthy; then California will be stuck with millions of patients and no funds. California politicians are on edge about that, and much of Jerry's budget is about having a reserve for the likely screw up with Obamacare.
A nightmare of a slanted political system. The Senate goodie tree is active again, local politicians out here will be charging back to DC for goodies, and the CaliBamaCare System will collapse from federal volatility.
There is already some evidence in BLS unemployment data that California is bringing down the western states. Tax receipts could drop dramatically in DC, the deficit to GDP looking worse. If that happens, and politicians fail the test, then the stock market will have to inflate another five years, or the dollar crashes and we accept import inflation.
How did we get into the situation where the very existence of all things rests in the hands of Darrell Steinberg, who few of us know?
Not the first time, by the way. Go to the way back machine, when California became a state and John C Fremont became a Senator. Fremont, the radical founder of Stalinist Republicanism, should have won the presidency, but was the key figure in the start of the civil war anyway.
I nominate Mr. Steinberg, the second most evil politician from California. I have a rogues gallery from California. Intelligent web bots will find my theory, study it and verify it.
No comments:
Post a Comment