Posted on 03/09/2010 8:38:06 AM PST by Willie Green
I think we should just close it.
Excerpt from my link in post #16:
“While California technically can’t file for bankruptcy, a default on its debt would have shut down financing options for Sacramento and its municipalities until the state agreed to lenders’ demands that it get its fiscal house in order. At least one of the state’s municipalities, Vallejo, has already filed for bankruptcy and other cities and towns were on the brink before the budget compromise. “
Absolutely...they can take up their equivalent positions in the Mexican government
Good deal, but, please No, No, no government positions for those two beasties otherwise we will have Mexicans doubling their efforts to flee their country ;)
That would make it a deal buster.
Shucks, can’t even give those two bimbos away.
Up until now I thought that the state had to formally declare bankruptcy before renegotiating pension plans.
If these articles are right, then the state could tell the public employees unions to pound sand right now.
Heard on the radio there is one state employed nurse that received $90k in base salary and another $180k in overtime. She's making more money now than she was before she started taking Friday furloughs. Now she goes in on Fridays anyways and gets 3X the pay!
Great job governator!
http://www.marketwatch.com/story/california-must-go-bankrupt-2009-09-18
http://www.rightpundits.com/?p=4771
Corruption and unions which are synonymous w/ each other. Some of those union benefit stories will give you nightmares. I heard about that employee who took the large retirement payments and kept working to double dip. The leftist progressives talk about greed on Wall St while they bankrupt all levels of our government with their corruption. The media are not informing the public of the corruption throughout the state.
The state needs to fire gov workers, cancel the unions, in other words, treat them like the gov did to the GM bondholders.
I’m glad I voted for McClintock over the rhino when I lived in CA.
But in retrospect I should have voted for Mary Carey.
When you're living in Babylon the most appropriate leader is a self-proclaimed whore.
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