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(CounterThink) The failure of California's proposed initiatives that desperately attempted to balance the state budget reveals a sobering truth about every Democracy: The voters will never vote for financial solvency. It is far too easy to vote for debt spending, passing on the burden of today's benefits to tomorrow's taxpayers. And in doing so, the voters destroy the financial future of their own state or nation.
Voters, you see, have no discipline. They lack long-term vision, and fewer and fewer of them can even grasp the basic concepts of mathematics. In a recent test of job seekers applying for positions as school teachers, for example, only 27 percent passed the elementary mathematics quiz (you know: Multiplication tables, addition, subtraction, etc.) (. This brings up the obvious question: If voters can't do math, how can they understand budget projections?
The answer, of course, is that they can't. So they vote for more handouts, more benefits and more debt spending, all while remaining utterly oblivious to the fact that such expenditures must come from their own pockets (or the pockets of their overworked children).
"California's voters are delusional," said one member of the Schwarzenegger team. And he's right. They are delusional. They believe that California will somehow pay for everything they want using money create out of thin air. And that's just not possible.
Unless, of course, you're the United States of America, in which case you aren't restrained by fiscal reality -- you can just create new money out of thin air and hyper-inflate your way to unlimited spending. But because California cannot create its own currency (or hasn't yet, anyway), it cannot simply print up new dollars to bail itself out of a financial crisis. Thus, the only option for California is the very one that voters claim they cannot tolerate: Huge cuts in California's government, including the laying off of police, firemen, school teachers, road crews and administrators.
Essentially, we are about to witness the financial disintegration of California. Roads and bridges will fall into disrepair. Schoolchildren will be packed into fewer rooms with fewer teachers. Crime will rise as police officers are taken off the streets. City parks will be abandoned. And ultimately, out of financial desperation, California will be forced to slash its prison system, setting free tens of thousands of convicted criminals to roam the streets that are now virtually unprotected by police.
California, in other words, is about to become a third-world country.
The days of free money, free security and free-wheeling spending are over. Financial reality has hit the fan, and it has splattered the dreams of delusional California voters against the walls, shattering the illusions of these people who once dreamed of grandeur, but must now settle for poverty instead.
It's a simple, mathematical fact: California cannot pay for all the things its voters want. But rather than accepting financial reality, the voters continue to shove their bodies against the boundaries of monetary mathematics, hoping against all hope that sheer mob mentality can somehow overpower the laws of accounting.
They are in for a rude awakening, of course. Just like all the other Americans who are living the same delusion applied to national finances. The U.S. government now borrows 46 cents for every dollar it spends. The national debt is way beyond ten trillion dollars, and it's growing by almost another 18 percent this year alone. That's like compounded credit card debt, but at the national level. It is irreversible. It is unsustainable. And it will lead to nothing less than the total financial wipeout of the United States of America.
California may feel the pain first, but we'll all feel it soon enough. There isn't enough money in the whole wide world -- literally! -- to pay for the delusional spending and consumption of the American people.
About the author: Mike Adams is a natural health researcher and author with a mission to teach personal and planetary health to the public He is a prolific writer and has published thousands of articles, interviews, reports and consumer guides, impacting the lives of millions of readers around the world who are experiencing phenomenal health benefits from reading his articles. Adams is an honest, independent journalist and accepts no money or commissions on the third-party products he writes about or the companies he promotes. In 2007, Adams launched EcoLEDs, a manufacturer of mercury-free, energy-efficient LED lighting products that save electricity and help prevent global warming. He's also a successful software entrepreneur, having founded a well known email marketing software company whose technology currently powers the NaturalNews email newsletters. Adams volunteers his time to serve as the executive director of the Consumer Wellness Center, a 501(c)3 non-profit organization, and pursues hobbies such as Pilates, Capoeira, nature macrophotography and organic gardening. Known on the 'net as 'the Health Ranger,' Adams shares his ethics, mission statements and personal health statistics at www.HealthRanger.org
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