tagged w/ Budget crisis
Make room for ducklings!
http://latestbloomer.uskoa.com/unemployed-d-c-duck-forced-her-newly-born-children-to-protest-sequester-at-department-of-interior/Make room for ducklings!... more
Across the nation, a rising irritation with public employee unions is palpable, as a wounded economy has blown gaping holes in state, city and town budgets, and revealed that some public pension funds dangle perilously close to bankruptcyAcross the nation, a rising irritation with public employee unions is palpable, as a... more
You know it's a bad sign when the outgoing California governor announces a fiscal emergency and everyone ignores him.
Now incoming governor Jerry Brown has realized how screwed the state is and he's announcing his own budget emergency, according to the LAT.
He said last night: "I'm going to try to get the budget agreements done within about 60 days. I don't think we have a lot of time to waste... It will be a very tough budget, but it will be transparent... We've been living in fantasy land. It is much worse than I thought. I'm shocked."
Hear that, last year's $20 billion budget cuts amounted to living in fantasy land.
Brown implied he would apply major cuts to the education system and other programs. He also refused to rule out new taxes. And it's got to add up to at least $29 billion in cuts.
Click here to see 16 reasons why California is the next Greece >
http://www.businessinsider.com/jerry-brown-worse-than-i-thought-2010-12You know it's a bad sign when the outgoing California governor announces a fiscal... more
Today's topic: Small seeds of financial change! In what small ways would you suggest the government save money? Please no crazy reform or social policy change, only constructive comments, no shipping people to other countries, positive solutions only! Join the discussion here: http://www.facebook.com/group.php?gid=128311427205799Today's topic: Small seeds of financial change! In what small ways would you... more
President Dmitry Medvedev has begun his US tour in the state of California where he will be paying a visit to Silicon Valley in an effort to boost US-Russian economic relations. Over 200 years ago, the Russian-American Company, Russia’s first joint stock company, was establishing trade posts along the Pacific Coast as economic opportunities with the young American country were beginning to show signs of promise.
The southernmost Russian establishment was called Fort Ross, which the United States recognizes today as a National Historic Landmark. This scenic park situated in Sonoma County represents an intriguing piece of shared history between the two countries. And it speaks volumes about the enduring nature of the US-Russian relationship that Dmitry Medvedev chose to begin his US tour by helping to keep this financially strapped park afloat.
California Governor Arnold Schwarzenegger, who personally welcomed Medvedev on his arrival to America’s most populated state, decided earlier to slash funding of Californian national and historical parks due to an acute budget crisis.
Schwarzenegger and Renova Group CEO Viktor Vekselberg signed in the presence of President Dmitry Medvedev an agreement that will help to preserve Fort Ross from insolvency.
At least one million dollars annually will be needed to keep the Fort Ross in a proper state, Vekselberg told reporters after a singing ceremony of the memorandum.
The Californian governor thanked Vekselberg and Renova Group for their generosity.President Dmitry Medvedev has begun his US tour in the state of California where he... more
An informal market is springing up online for the IOUs that cash-strapped California began issuing last week, attracting the attention of regulators and state officials.An informal market is springing up online for the IOUs that cash-strapped California... more
Today, July 1, 2009, marks the beginning of a new budget year. Most states are in the shitter, and California is no exception. Meanwhile marijuana is still taboo, even though it could bring in HUGE revenue. So, thanks to the govt. for keeping the black market dealers in business while allowing social programs to be cut.
for more about Judge Jim Gray (video, audio, articles): http://www.judgejimgray.com/grayvideo.phpToday, July 1, 2009, marks the beginning of a new budget year. Most states are in the... more
(02-10) 12:42 PST SACRAMENTO -- Gov. Arnold Schwarzenegger will send layoff warnings to 20,000 state workers Friday if the Legislature has not approved a deal to close California's $42 billion gap, the governor's spokesman said today.
By Matthew Yi, Chronicle Sacramento Bureau(02-10) 12:42 PST SACRAMENTO -- Gov. Arnold Schwarzenegger will send layoff warnings... more
There is a high chance a majority of the States within the United States of America could file for Chapter 9 bankruptcy. There is currently 46 states with high budget deficits, Arizona being one of them.
In fact, Jan Brewer, the newly appointed Governor of Arizona has a major crisis on her hands, one that Arizona and national media isn’t covering. The alarming news is the State of Arizona has 90 to 120 days before they completely run out of money. After that, all bills and tax refunds owed to the citizens will go unpaid.
Read and Discuss...There is a high chance a majority of the States within the United States of America... more