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MichaeltheGreat
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Apolyton Grand Executioner
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mooning the house that Ruth built.
Oct 1999
time: 21:30
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quote:
Originally posted by Garth Vader
I don't understand why so many people are so mad at Davis in California for racking up the deficit, but not mad at Bush |
A big difference: The US controls money supply and interest rates, and is essentially a single-source debtor (i.e. the US Treasury). So US cost of money is limited, deficits are long accepted practice, and the US government really is the benchmark for bond debt rates.
California, OTOH, has to deal with investor's rating services, and has had it's bond rating dropped in the past for excessive indebtedness.
California is also not a single source borrower - it acts as a guarantor for a hundreds of which have independent borrowing authority (California government code agencies and some California Water Code agencies) under the aegis of the state of California. Those agencies typically use conditional property tax assessments to collateralize their debt, but their cost of money (often variable) is based on the state's credit rating.
Those agencies (and the taxpayers with the conditional property tax assessments) have hundred of billions of dollars of existing debt being paid off, and any agency with future capital projects is extremely leery of the markets slamming California again. The state has an abysmal history of fiscal management, which goes far deeper than the current general fund budget issues.
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MichaeltheGreat
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Apolyton Grand Executioner
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mooning the house that Ruth built.
Oct 1999
time: 21:30
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quote:
Originally posted by Defiant
"That's right folks, you heard it here. Bill Clinton is responsible for forest fires. Do you have a link to the dumbs' website or do you come up with this crap on your own?"
It was on CNN last night, your station, they were covering Bush in his trip out West to view the damage done and promoting his bill for the forests. Then they went to the local forest ranger who opposes Bush's bill and says it goes too far for the logging industry but he mention "responsible logging" helps to reduce massive forest fires. Drought as a catalyst increases the chance of forest fires, but poorly managed forests make it too easy for forest fires to start, whether by accident or intentional. Odds go up.
Geeee Mtg, thought you were smarter than that.
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A lot of forests in the US aren't suitable for commercial logging at all, due to the types and/or quality of trees there. If commercial logging was a major component of forest management, then you'd have two distinct forest fire regimes, one for commercially logged forests and one for non-commercially logged forests. You don't.
The primary issue with forest management has NOT been commercial logging, but decades of misguided policy (back to the original Smokey Bear days) that made fire prevention and immediate containment almost religious dogma. That led to an overgrowth of brush and deadfall, which made both clearing operations and controlled burns impossible to manage. That mismanaged policy of fire prevention as opposed to fire management led to the massive, uncontainable fires in and around Yellowstone, Yosemite and the huge fires in Colorado.
Since a lot of forests are not commercially logable anyway, forest management professionals have had to develop workable plans for fire management that don't involve commercial logging. Forests managed to sustain themselves quite nicely since the last ice age without commercial logging, otherwise, all of our sod-busting ancestors back east wouldn't have had to bust their asses so hard clearing all those trees, now, would they?
Virtually the whole eastern US was hardwood forest when whitey got here, so the evidence points to forests being able to survive without Pierre and his saw. 
Nature just don't happen to concern itself with human dwelling and property in it's way, so that's where human fire management practices has come in.  I've lived in Potlatch and Weyerhaeuser country and seen how they've "managed" forest resources. 
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Defiant
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WISCONSIN
Aug 1999
time: 05:30
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"rather than economy killing deficits and tax breaks to the rich."
Economy Killing Deficits----what exactly did you mean by this if not about Bush's tax cuts which you say are economy killing deficits, you wrote it.
Yea I love the Universities here.
We have
University of Wisconsin----Madison, Milwaukee, Stevens Point, Green Bay, Superior, Platville, Eau Claire, La Crosse, Whitewater, Stout, and their extensions which are tremendously more. We don't need that many schools here cut them down to Superior, Point, Green bay, Madison and Milwaukee. You cover the state.
Do you see the overhead by so many schools and yes teachers and my state buck is paying for it. And what the professors make here is vey nice.
Don't get me started with Wic. problems, not the thread for it.
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12-08-2003 23:08
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