Thursday, October 30, 2008

Saving California

The way out of our fiscal mess is actually very simple. First cut all administrative expenditures and legislative perks (per diem, travel, etc.) in half. Do not allow retirement plans for all government employees to exceed the amount of ten percent of their salary being invested in 401K type plans. Repeal business restricting laws; all of them including off shore drilling, building refineries, allow for nuclear plants to be built, and reduce environmental restraints in half.

Then trim all non-essential governmental expenses to expected revenues. Stop the acceleration of government project if revenues can’t meet the costs. Create a safe account for revenues that exceed budgets and allow using that money only if the year’s revenues fall bellow expectations.

Pass a law restricting union political activity specifically and directly to only those measures that affect union members directly, excluding social and other programs.

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