OMG! California controller to suspend tax refunds, welfare checks!, page 9
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ATS Members have flagged this thread 97 times


reply posted on 17-1-2009 @ 04:07 AM by Rockpuck
reply to post by Chronogoblin


Nice try. Wild fires where declared State of Emergency status, and where for the most part paid with Federal assistance.


reply posted on 17-1-2009 @ 08:17 AM by Europe
reply to post by Asherah


so its the electricity companies fault when they have the gaul to ask you to pay for using there product, how about watching a little less tv and turning off the lights when your not there and turning off the air conditioning, some companies are just hearltess the way they expect people to pay up for using there product.

Let me ask you this, would you stand for it if your boss turned round and said there's a problem with your wages you wont have it for another month.

How about you sell some of that silver and pay your bills, maybe if you didnt spend all your money on food for a year then you might have something for the electricity company.

[edit on 17-1-2009 by Europe]


reply posted on 17-1-2009 @ 08:20 AM by MischeviousElf
OK due to the wonderful work as usual of ATS members the MSM caught up about 4 hours after I posted there was no coverage of this issue.

These cuts also mean that California will NOT pay BUSINESS that do work for them!!!!!

'We can't pay you yet,' California to tell creditors

Among those who will be left waiting for checks are thousands of businesses that provide services and products to the state

CNN

Poverty experts say one in three California children on the state's welfare rolls could be cut under Gov. Arnold Schwarzenegger's budget plan, which calls for restricting eligibility in the program designed to serve working-poor families.

And those who continue to receive grants would be hit as well: despite soaring food prices and burgeoning unemployment, maximum payments for a family of three would equal $43 less than what a similar-sized family received in 1989.



Also


SACRAMENTO, Calif. (AP) — California's controller said Friday he will be forced to impose a 30-day delay on tax refunds and some other payments starting Feb. 1 if lawmakers fail to agree on a plan to erase a nearly $42 billion budget deficit.


AP

So MSM are catching up with ATS 4 hours later, after the first repressed hidden snippet in the LA times.

Anyhow as this means non payment of business this will surely drive more companies under, and further mean more people need to go on SSI, which is non apparent anymore..


This IMHO and very very unfortunately is the start of the real tidal wave of depression like activities that will take many by surprise even if they have been following it.

California is bankrupt.

The worlds 7th largest Economy is going the way of Iceland....

Kind Regards,

Elf




[edit on 17-1-2009 by MischeviousElf]


reply posted on 17-1-2009 @ 09:13 AM by skeptic_al
reply to post by Jinni


But Kali-For-Nyah was a basket case before swatz took over.
And like most other countries that followed suite they flogged
all the public utilities for a quick buck. In bad times you have
no more cash cow. They can't rely on Building/Land duties if
the countries bust.


reply posted on 17-1-2009 @ 09:33 AM by NightSkyeB4Dawn
reply to post by redhatty



The last act of a failed regime is always to loot the treasury on the way out the back door.


Noticed you signautere and I have to say how right you are. I ahve been begging my feinds, family and consituents to please pay attention to the disppearing money. I have been saying for at lest four years "Follow the Money". I warned that GW was going to leave the cupboards bare when he left office. I feeling of ice water coursed through my veins when he made the statement that his constiuticy was the haves and tha have mores. I knew we were doomed. I also warned them that this fancial crisi is nothing more than smoke and mirrors. I told them watch for the signs.

I noticed you signature and I have to say how right you are. I have been begging my friends, family and constituents to please pay attention to the disappearing money. I have been saying for at least four years "Follow the Money". I warned that GW was going to leave the cupboards bare when he left office. I had a feeling like ice water coursed through my veins when he made the statement that his constituency was the haves and the have mores. I knew we were doomed. I also warned them that this financial crisis is nothing more than smoke and mirrors. I told them watch for the signs; but of course I am crazy.

I believe that the government is going to reduce the amount of money that they have to pay out in benefits. This will lead to vouchers or debit cards that can only be used at businesses that carried the government logo and that will deteriorate to plain old IOUs or a that’s all their is folks. A couple months of this and everyone would be lining up to grab those shiny new Ameros and the dollar and sovereignty be damned.

The handwriting is on the wall.


reply posted on 17-1-2009 @ 09:50 AM by NightoftheComet
reply to post by marg6043


The problem is that what is happenening in california is a result of socialist policy. The reall brillant thing is, the american people just elected a friggin ocialist for prez of the whole country. Get ready for this stuff nation wide.


reply posted on 17-1-2009 @ 09:54 AM by whatukno
This is bad, very bad, this is the mark of the second great depression.


SACRAMENTO — If Gov. Arnold Schwarzenegger were to fire every employee in state government tomorrow, it would easily patch California's enormous deficit, right? Not even close.

But surely shutting down all state prisons would do the trick? That, too, would only get him about a quarter of the way there.

Now what if he were to close every prison and cut off funding for health care and other services for the poor? Now we're in the ballpark.

Schwarzenegger on Thursday delivered his annual State of the State address, and there was only one topic on his mind: A budget deficit that's ballooned to $40 billion through mid-2010.

Please visit the link provided for the complete story.


Source: How big is California's budget hole? Try these numbers on for size

Not only California, but other states are starting to feel the pinch too...


The state could eliminate all-day kindergarten and save $218.3 million next year, according to a plan presented to lawmakers this week.

And there could be an additional $218 million in savings in the budget year that starts July 1 if lawmakers opt to suspend money sent to the schools for such things as furniture, textbooks and school buses.

No cuts to these programs are proposed for the current year.
Turn Your Home Equity into Retirement Cash
Turned Down for an Auto Loan? There are Options
How to View Your Credit Report and Scores for Free

These are among the details contained in a phone-book-size document released Friday. It outlines more than 500 budget-cutting options from the state's two budget chairmen to help the state close a $1.6 billion deficit this year, as well as an anticipated $3 billion deficit in 2009-10.

Please visit the link provided for the complete story.

Source: Budget plan details program cuts


ST. PAUL -- With the state facing what he described as "historic challenges," Gov. Tim Pawlenty on Thursday warned that solving the state's $4.8 billion deficit will require significant cuts but also investment to boost Minnesota's economy.

Please visit the link provided for the complete story.

Source: Minnesota's budget fix: Big cuts, economic investment

The era of tax and spend where our governments run up huge deficits in order to keep up with an economy based on speculation is coming to and end. The check is on the table and it's time for everyone to pay the tab.

California being the worst off certainly is in a big pickle. Sending out IOU's to it's taxpayers it owes money to, putting off creditors, cutting services. What we are seeing is the impact of this Depression. We can no longer think of this as an economic recession, it's a full blown Depression people. The kind of problems faced in this country during the first great depression are coming back. If anyone learned lessons from history it certainly was not our governments.

The only real way to fix this huge problem is for our Federal, State, and Local governments to work together to curb spending, and to put people to work. Americans at work are the only way that we are going to get out of this budget hole. Tougher restrictions on illegal workers has to happen. Part of the problem is the massive amount of our economy supporting Mexico. Another part of the problem is these companies shipping our jobs overseas, or worse yet, hiring foreign workers to do our jobs here under work visas.

Our Federal government also has to curb overseas spending, it's time to take care of America, instead of giving billions of dollars to countries we need to spend those billions here at home putting Americans to work. Fixing our aging and failing infrastructure is a public works solution creating many jobs and giving people confidence enough in our economy to get money moving where it needs to.


reply posted on 17-1-2009 @ 09:57 AM by amari
Look for a mass exodus of residences leaving the state of Calif. Where will they go? Where they can obtain food and shelter and social services until they drain those other states. I look for more prosperous states to actually close their borders to prevent from being overrun by individuals looking for food shelter and social services that are not their own state residents.

Children and adults with special needs as well as the elderly are going to be affected the most. If you had a crystal ball and could see 1 or 2 years down the road you may not be able to handle what is coming.

My mother who has passed away that went thru the Great Depression always said you can not eat your silver, gold and diamond rings. She said you might have to sell them for your family to survive or the next meal.

This has been covered many times on ATS but during the Depression a large portion of the population lived on farms and raised and grew their own food, including having cattle, hogs, goats, ducks, and chickens.

Today most Americans do not live on farms and these large farms are owned by corporations. My grandparents took in families and helped them with food and shelter even raising children that were not theirs during those tough times.

What do you think will happen if grocery stores run bare of food across the country it will be Katrina times 100. All that people know as far as the food supply in this country is it comes from the store to their mouth.

I have been told by predictors and friends that have been correct on what is happening with the economy today telling me get out of the large cities now before the interstate highway systems close off to traffic. The interstate highway system was not only built for the citizens of this country but primarily for troops to be able to move quickly across the Nation if needed in case of the state of emergency or War.

The Nothing is coming said the Giant Rockbiter Man from the movie The Never Ending Story.



[edit on 17-1-2009 by amari]
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