One nice thing about conservatism, especially the whole “limited government” and “fiscal responsibility” bits; when government runs out of pockets to pick, suckers to borrow from and marks to shake down, eventually conservative policy becomes your only option.

After talking a good game in his first election, California governor Arnold Schwarzenegger has morphed into a governor that nobody can possibly mistake for a conservative.  But as California’s fiscal doldrums – exacerbated by generations of frivolous, stupid liberal leadership from both parties – spiral toward terminal velocity, Dah Gahvenah is being forced to get real:

Gov. Arnold Schwarzenegger today will propose selling San Quentin Prison, the Los Angeles Coliseum and other state-owned properties in a bid to raise cash to counter the state’s daunting budget shortfall.

Ahhold wants to sell a shopping list of state properties, from San Quentin and the LA Colisseum all the way down to the Orange County Fairgrounds.

The sale of those properties would generate upward of $600 million and possibly more than $1 billion for the state, according to a copy of Schwarzenegger’s proposal. But proceeds from those sales would not arrive for another two to five years.

Note to aspiring government leaders: the next step is to not have government buying, building or seizing these sorts of things in the first  place.

No matter what it is; colisseums, heath insurance systems, or anything in between.

This entry was posted by by Mitch Berg on Thursday, May 14th, 2009 at 12:38 pm and is filed under Business, The Economy and The Markets, Conservatism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.