Would you vote for Calexit?

[Lexicus]

At least the Alt-Right clowns over at Breitbart are consistent. They are so deep in their hatreds they are all for CalExit...which they believe will lead immediately to annexation by Mexico and the enslavement of Californians by rapists and criminals. They are just as stupidly immune to facts, but at least they are consistent.

Hmm, I was sort of under the impression they thought California was functionally part of Mexico anyway since it's been mongrelized by so many non-white immigrants.

 

[Timsup2nothin]

Hmm, I was sort of under the impression they thought California was functionally part of Mexico anyway since it's been mongrelized by so many non-white immigrants.

Yeah, they see CalExit as a simpler solution than trying to "purify the bloodlines" by conventional exterminations.

 

[civvver]

So...California is a drain on the union, then. Why don't you vote for Calexit? Don't you want to make them pull themselves up by the bootstraps?

I didn't vote at all cus the poll seems rather silly. The union isn't breaking up just cus of one controversial president.

How is the US dollar backed?

By faith in the US dollar/economy basically. People still buy our debt, they believe the dollar is worth a lot. I'm just saying would that faith transfer to a new california dollar? I'm not so sure.

Unemployment in CA is 1 pt higher than the national average and for the past decade always out paces the national average by 1 or 2 pts. Taxes in california are insane and I don't know why you would deny welfare is a part of their budget issues. I just don't think their economy would be that healthy outside the union.

 

[tetley]

The union isn't breaking up just cus of one controversial president.

It wouldn't be the first time it did.

 

[civvver]

It wouldn't be the first time it did.

well that's a hot take cus it was all about Lincoln being president and not about slavery abolishment.

Let's wait and see if trump really does something radical first.

 

[Timsup2nothin]

It wouldn't be the first time it did.

Actually, the previous attempt was due to long term systemic issues more than "one controversial president." So is this.

 

[Timsup2nothin]

well that's a hot take cus it was all about Lincoln being president and not about slavery abolishment.

Let's wait and see if trump really does something radical first.

I've been pro-dissolution since the early nineties. Trump has little to do with it.

 

[civvver]

Well it's an interesting position, and I really have no opinion. I mean I haven't decided if I am for or against. I just struggle to see why it would be a better situation for any state, other than hey we can not be ruled by a republican congress etc. It seems to me states like NYC and CA would become socially engineered havens trying to emulate places like Norway and Denmark but would soon crumble under the weight of their diverse demographics and limited resources. I mean CA has some oil, idk about natural gas, but they have so many people and tight environmental policies they have a shortage of power production and water. On the reverse side if a state like Texas left they'd crumble under the weight of austerity politics and unregulated capitalism that leads to monopolies and eventually oligarchy. I think we all kinda need each other to balance things out.

 

[Roller123]

Considering they are tech entrepreneurs who started Calexit--people with a proven track record of working tirelessly and making something out of nothing-- perhaps the irony indeed is there, but not the one you alluded to.

how are the riots progressing?

 

[tetley]

how are the riots progressing?

Check all the police brutality threads. You can read exactly how they progress. Did you have a point?

 

[Roller123]

Check all the police brutality threads. You can read exactly how they progress. Did you have a point?

Yes i do and here it is

Good luck with that country stuff.

 

[Hygro]

California's fiat would be stronger than the US dollar. This wouldn't even be a good thing.

Brb switching from my California designed phone to my California designed computer to flesh this out.

 

[Lexicus]

By faith in the US dollar/economy basically. People still buy our debt, they believe the dollar is worth a lot. I'm just saying would that faith transfer to a new california dollar? I'm not so sure.

Unemployment in CA is 1 pt higher than the national average and for the past decade always out paces the national average by 1 or 2 pts. Taxes in california are insane and I don't know why you would deny welfare is a part of their budget issues. I just don't think their economy would be that healthy outside the union.

The relevant question is the ability of the California government to enforce its hypothetical tax laws, because the US dollar is not backed by 'faith' but by the ability of the US government to do violence to people who do not pay their taxes in dollars.

 

[Timsup2nothin]

The relevant question is the ability of the California government to enforce its hypothetical tax laws, because the US dollar is not backed by 'faith' but by the ability of the US government to do violence to people who do not pay their taxes in dollars.

Having personally seen the Franchise Tax Board in action I would say this is not a problem.

 

[Roller123]

The Republic of Liberia began as a settlement of the American Colonization Society, who believed blacks would face better chances for freedom in Africa than in the United States.[8] The country declared its independence on July 26, 1847. The U.S. did not recognize Liberia's independence until during the American Civil War on February 5, 1862. Between January 7, 1822, and the American Civil War, more than 15,000 freed and free-born black Americans, who faced legislated limits in the U.S, and 3,198 Afro-Caribbeans, relocated to the settlement.[9] The black American settlers carried their culture with them to Liberia. The Liberian constitution and flag were modeled after those of the U.S.

i wouldn't expect liberals to know history they are about to repeat due mostly to the fact that believing your own lies does not help with reality. And the video i posted above shows what will happen on a larger scale. But of course nothing will happen. Sadly.

 

[Hygro]

Faith plays a role, too, but it's a bit of a misnomer. "Rational expectations" is the accurate lens.

In addition to the state's ability to levy taxes, what defines the purchasing power of a currency is the health of an economy on two axes:
the real economy (our economic product)
macro financial management (money printing/taxes, interest rates etc)

The macro financial management can be pretty basic: "what's inflation, what's unemployment, do we need more money or less." You can assume that California's central banking and fiscal (gov't spending) policy will be like the USA but trending towards technocratic democrats.

This leaves the real economy.

What's the most important factor in an economy? The labor force. What's the second most important factor in an economy? The capital stock (tools). We have the best labor force and capital stock on earth. We produce the highest tech goods. When China wants to grow, they need to buy expertise and tools to make the next thing. We sell them that. They will buy a dollar worth of our top quality stuff for three dollars worth of their output. That's the premium on making sure they get our limited output.

In other words, we sell them a dollar of stuff, buy three dollars, and give them printed money to cover the difference. This printed money is what they want, it allows them access to our labor and our capital. They want the ability to buy Californian in the future. But the future means we've innovated x% on those goods, making them yet still the highest order goods in the world, allowing this train to keep rolling.

What happens if they don't trust our future? They have a few choices. They can sell California money on the open market. Worst case scenario our currency drops in value which makes our exports more competitive and it boosts our employment. This means more Californians being trained in making the things other people want. Our dominance in producing highest order goods continued. What if they take that money and try to buy as much as they can? Well, same scenario: the value of our money depreciates, so we have to work a little harder getting new jobs in making the things they want so we're once again increasing the amount of Californians making the things other people want, increasing the value of our labor and capital stock.

Being able to run a prolonged trade deficit when your economy is sustainable (design, tech, media, agriculture, premium manufacturing) is a sign of a very healthy economy.

 

[Hygro]

i wouldn't expect liberals to know history they are about to repeat due mostly to the fact that believing your own lies does not help with reality. And the video i posted above shows what will happen on a larger scale. But of course nothing will happen. Sadly.

Hm, why would sending our poorest people away from their homes in the early 19th century be very different from giving autonomy to our richest people in their homes with their capital in the 21st century?

 

[Roller123]

China..
This printed money is what they want
..They can sell California money on the open market.

I see a bright future for California.

Hm, why would sending our poorest people away from their homes in the early 19th century be very different from giving autonomy to our richest people in their homes with their capital in the 21st century?

What do you mean, i am shocked by your racism. These people were poor because they were oppressed and enslaved. And once they were free they managed to build a great country, full of poverty and wars. And the same will happen to California, once the food in stores is gone, and no amount of protesting will bring it back.

 

[Timsup2nothin]

What do you mean, i am shocked by your racism. These people were poor because they were oppressed and enslaved. And once they were free they managed to build a great country, full of poverty and wars. And the same will happen to California, once the food in stores is gone, and no amount of protesting will bring it back.

Is this concern about food in stores an acknowledgement that almost half the food consumed in the US is produced in California? If so, don't worry, an independent California would still export food so you won't go hungry.

Or is it just another piece of your false narrative about how great the red states are doing under their nineteenth century leadership?

 

[Hygro]

I see a bright future for California.

That's good. By virtue of being on top of a global capitalist system, we get to stay there until all the talent decides there is a happier place to live.