[ElkGroveDan]

$22 billion ping

[ElkGroveDan]

Chris Woods, chief consultant to the Assembly Budget Committee, said that Democrats are proud of what they achieved during the good times ...

Wow such beathtaking honesty. What they "achieved" was a squandering of an $8 billion surplus and a trip on a high-speed train wreck of a $22 billion deficit.

If you have to be a piano player in a whorehouse, you might as well take pride in your work.

[let freedom sing]

Davis to CA Simon: I'll see your $20 billion budget deficit, and raise you $2 billion. (heh-heh-heh-- look who's counting?) Any way you look at it, you lose.

[let freedom sing]

Davis to CA Simon: I'll see your $20 billion budget deficit, and raise you $2 billion. (heh-heh-heh-- look who's counting?) Any way you look at it, you lose.

[BOBTHENAILER]

Its doable, said State Senator Steve Peace.

Not when you pay $68.00 per magawatt hour for power that is currently selling for $20 mwhr. Peace also hasn't looked at the price of natural gas lately ($3.50 per mcf).

California is not yet out of the woods on power crises. Pray for a mild summer.

[Regulator]

Gee, that's hilarious. I told friends of mine that if Davis admitted to $12 billion, it will probably be $24 billion.

That's close! The old $18.5 billion number was before they got a good look at the first quarter estimated tax payments. For anyone who sees what's going on in the Santa Clara Valley, it's not hard to figure out that the receipts weren't going to be anywhere near what they thought.

But then, I guess you have to be RAT to think the inflows are endless.