Texas - what the hell - huge budget crisis

ITSAME:

Good point. Most people do not understand the 2 year budget cycle or the fact that Texas has a huge Rainy Day Fund.

The legislator voted to tap into it, which I disagree with.

However, if you look at the true over all numbers, Texas is fine. We will be in far better shape than 90% of the country.

Oil & Gas is on fire again. We are funding 2X as many drilling projects in the "Shale" game than last year. Year over Year we have raised 30% of wait we raised last year. At this pace, we should raise well over 100% of what we did last year for Drilling Projects.

Texas does have a Lazy immigration policy. However, that is about to change. Also, word on the street is Public Employees are about to get a serious axe handed to them. As we speak Teachers in Houston or being let go.

Texas still has huge growth. More and more people from the East and West are moving here. I was just at SXSW, half the people I ran into are from out East and they are looking for jobs and living space.

Construction in many parts of the State is still going strong. They did lay off the excess fat, but who didn't.

I am meeting with more and more VC's who are looking to roll their California Dollars, into Startups down here. The Tech Industry, Biotech Industry and Oil Industry are on a huge growth run.

Exports out of Houston's ports are back above the pre-recession levels of 08.

Mexican Wealth is pouring into Texas (San Antonio) and they are setting up their companies here. These are the Wealthy business mexicans.


So, while the 27 Billion was a bit of a slap, the state is going to be fine.

Every year since 04, I have been able to increased my net worth Living here in Texas. Many people I know have started companies and they seem to be doing well.

So, for those in the West and East, your pain is going to last far longer than the pain felt in Texas.
 
Just an FYI, here just north of Houston, there's a TON of Mom and Pop sandwich/burger places opening up, and they're all PACKED at lunch time.
Indian Paintbrushes and BlueBonnets have bloomed along the roadways....just gorgeous.
We're doin' just fine.:)

"Cause God blessed Texas with His own hand, brought Angels down from the Promised land...He gave them a place where they could dance and if ya wanna see Heaven brother, here's your chance!"

Ya'll have heard the CORRECT version of The Lord's Prayer??

Our Father, which art in Heaven, Hallowed be Thy name, Thy Kingdom come, Thy will be done on Earth as it is in Texas...:D
 
I live in Texas and love it, considering, home real estate taxes are lower than many states, especially since I don't have to pay any state income taxes, if Texas ever changes to state income tax, I am moving.

Last year, at height of poor economy, in Obama's eyes, taxpayers voted down a Education Bond, it was to be needed cause the feds are cutting back funding so the state will be hugely down funding for education, where I live the school district will be 20 million short, already a hiring freeze and talks of laying off music, art, english as second language and other positions to balance the budgets. But it is going to have to be approx 550 teachers, there aren't enough music/art teachers to lay off. Education has staggered bus drivers and layed off 60% of them, I think school district should charge for this luxury service in bigger cities, let parents drop them off or pay for it. Kids per class will most certainly have to go up or will be taught by "subs" who get paid much less and certainly not as qualified as a regular teacher.

But cause so many have false documentation, illegals go to our schools, hospitals and other free services. I think we need to close down borders totally, and if born here illegally does not make you a citizen. Instead of getting illegals to pick crops, we have tons of prisoners and chains. I doubt the founding fathers be too happy of how USA has become.
 
home real estate taxes are lower than many states, ?

-------------------------------

Handel123- You must live in a Rural part of texas.

Please tell me where you live? Because on both my spaces I pay 3.5 and almost 3.8, San Antonio Tax and Austin Tax.

My RE taxes are as much as Chicago!

Property taxes are high in most urban areas as there is no State Tax. And the AD Valorem tax on Oil & Gas income is fucking insane!

So, Texas my be less expensive in RE but the Taxes are high.
 
Quote from Handle123:

I live in Texas and love it, considering, home real estate taxes are lower than many states, especially since I don't have to pay any state income taxes, if Texas ever changes to state income tax, I am moving.

Last year, at height of poor economy, in Obama's eyes, taxpayers voted down a Education Bond, it was to be needed cause the feds are cutting back funding so the state will be hugely down funding for education, where I live the school district will be 20 million short, already a hiring freeze and talks of laying off music, art, english as second language and other positions to balance the budgets. But it is going to have to be approx 550 teachers, there aren't enough music/art teachers to lay off. Education has staggered bus drivers and layed off 60% of them, I think school district should charge for this luxury service in bigger cities, let parents drop them off or pay for it. Kids per class will most certainly have to go up or will be taught by "subs" who get paid much less and certainly not as qualified as a regular teacher.

But cause so many have false documentation, illegals go to our schools, hospitals and other free services. I think we need to close down borders totally, and if born here illegally does not make you a citizen. Instead of getting illegals to pick crops, we have tons of prisoners and chains. I doubt the founding fathers be too happy of how USA has become.
More...


Am I the only one who notices that this constant stream of anti-immigrant invective comes from people who seem to be barely literate in English?
Also, the US had no laws restricting immigration at all until after the Civil War. So much for the Founding Fathers.
When they were first enacted, they were pointed at Chinese and then southern Europeans, because, as one of the brain-dead idiots posting to this unbelievably stupid train of one ignorant stupid ass after another said, they're culture was "too different", and so would destroy the US.
I've seen stupid shit on this board before, shoot, 90% of what gets posted here is too stupid to believe, but this thread's unrelenting stream of stupid shit by total illiterates is something I haven't seen outside of P&R before. Congratulations on that.
 
Ahh another scum bag liberal pretending to be part of the Capitalist system. Possible day trader? Possible Hedge Fund trader? Possible Private Equity player. TREFOIL, how about life long academic...?

Please, Illegal Immigration is ILLEGAL you fucking bafoon. Regardless if you'r a Mexican, Jew, French, Irish...etc. You come to this country with out following proper procedures....you are ILLEGAL.

My great grandparents came over on a ship, horrid conditions, almost starving only to arrive on Ellis Island, to wait days in even more horrid conditions to get the proper papers. Even then, the living conditions for all legal immigrants were shit. Read history you sloppy pathetic champion of equal distribution of wealth.


The problem with you scum bag liberals is more than half of you make very little money and pay very little taxes. You suck off the GOV and the Producers. You Let Emotions over-run logic and you are the fools who will welcome Socialism with an Open arm, only to be crushed by the very "Utopia" that you champion.

Fools.
 
Go to the Hell you deserve you lying sack of shit.
First of all, I do very well, thank you.
Second of all, on the FACTS, there were no immigration laws at all for the first hundred years of this country's existence. Your parents got in because the only laws that existed at that time were directed against the Chinese. Later on, they were directed against Southern Europeans (and Jews, I think. I honestly don't recall that one exactly. Wouldn't surprise me though); that was a DIRECT result of a reaction against Ellis Island.
All you did was to prove your bottomless ignorance, stupidity, and inhumanity.
 
Quote from trefoil:

Am I the only one who notices that this constant stream of anti-immigrant invective comes from people who seem to be barely literate in English?
Also, the US had no laws restricting immigration at all until after the Civil War. So much for the Founding Fathers.
When they were first enacted, they were pointed at Chinese and then southern Europeans, because, as one of the brain-dead idiots posting to this unbelievably stupid train of one ignorant stupid ass after another said, they're culture was "too different", and so would destroy the US.
I've seen stupid shit on this board before, shoot, 90% of what gets posted here is too stupid to believe, but this thread's unrelenting stream of stupid shit by total illiterates is something I haven't seen outside of P&R before. Congratulations on that.
More...

Let me guess in Europe are you? The funny thing is America is held to this unrealistic standard..........the Founding Forefathers blah blah blah. Take a look around the world has changed and resources are finite. I bet the immigration laws in your homeland are more strict than ours.

In Southern Europe and most of Europe, its acceptable to call Blacks the N word I have seen it first hand in multiple countries except, England, France, and Germany. Most Germans hate Turks, including my extended family.

Italians and Spanish hate blacks, but since they aren't Americans that's acceptable to snicker and call them African man. Hell even in The Netherlands, and I am as Arian looking as possible, I was threatened an heckled by Neo Nazis waiting for my early morning train just because I was a foreigner.

So remember, there are plenty of things wrong with your homeland. Even the Swiss abated the Nazi and stole with both hands open.

And BTW I am married to a European and love many European countries.

America has alot wrong with it, and when shits hits the fan you open your hands and scream for our assistance.

Don't even get me started on Russian nationalism. My friend, an American ex pat, has been living in Kharkov,Ukraine for some time and you'll just about be stoned for speaking badly of Putin.

There are pros and cons to any situation, but to pretend America has a hatred of immigrants is to overlook the situation right in your backyard.
 
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