Posted on 07/28/2010 1:30:04 PM PDT by NormsRevenge
SAN FRANCISCO (Reuters) – Increasing pressure on lawmakers to negotiate a state budget that closes a $19 billion shortfall, California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday.
In the declaration, Schwarzenegger ordered three furlough days per month beginning in August for thousands of state employees to preserve the state's cash to pay the state's debt obligations and for essential services.
California's budget is several weeks overdue and Schwarzenegger and top lawmakers are at impasse over how to balance the state's books.
(Excerpt) Read more at news.yahoo.com ...
This is the part of the movie where all the alarms and bells are going off in the cockpit and Conan can’t get the ejector seat to work .. so long aRnold.
Coming to a state/local government near you!
Oh shut up Arnold...
Arnie doesn’t get a wage but the rest of the libtards do. Delete their wages first.
Between their goofy legislature and goofy courts, Californians are are doomed. It’s too bad that Arnie can’t take action like the British PM and fire the entire government and hold new elections. It’s a quick way to turn things around.
The good news is that the retired, double-dipping, 0 co-pay medical plan ex-Assistant to the Deputy Direcot of the Omnibudsperson for San Diego’s Gay and Lesbian Climate Change Health Outreach Department for Undocumented Transgendered is receiving his/her check every month.
Wonder who defaults first, Greece or Kaliforniastan?
California state employees and democrat representatives are just like the Mayor of Bell.
Screwing the rest of us. Almost taunting us to see how far they can take it.
But but but I read that California is leading the country in green jobs. Hundreds of thousands of green jobs.
How long will it take before we see California state employee protests ala Greece on the evening news? This is just the beginning of a long hard road we are about to go down. Buckle up and strap down tight. It’s gonna be a rough ride.
Tachnically, CA already defaulted, when they issued IOUs instead of tax refunds.
Post of the day!!!!
This is NEW??????
Bah !!!!!
California has been a state of fiscal emergency for YEARS!!!!
Yawn. Another day, another California fiscal emergency.
The only state of fiscal emergency that anyone in California will pay the least bit of attention to is the one in which California can’t make their bond payments, employee payments, entitlement payments, and income tax refund payments. Now THAT, will be a true state of fiscal emergency.
Handy tip for California residents: Don’t let the State of California over withhold your income tax.
Perhaps they can ship some of the AZ Mexicans into the state to help balance the budget? Send them to SF first.
Pray for America
Wake us up when you decide to furlough them 3 days per WEEK.
Lets cut state employees pay some more. We certainly wouldn’t want the wetbacks to lose any of their freebies!
California governor declares state of fiscal emergency
Wednesday, July 28, 2010 1:30:04 PMSchwarzenegger declares Calif. fiscal emergency (state at precipice of the abyss .. que the music)
Wednesday, July 01, 2009 1:23:02 PMSchwarzenegger declares fiscal emergency
Tuesday, December 02, 2008 7:26:55 AMSchwarzenegger declares fiscal emergency
Friday, December 14, 2007 4:02:10 PM
i.e. -- no budget will be put in place. Article after article will complain that the budget process "is broken." Blame will be put on the evil Republicans that will not vote for increased spending and taxes. And.... wait for it... the ONLY solution is to do away with the 2/3 majority vote requirement. Voila! Voters believe this garbage and you can kiss California good-bye.
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