*California officially out of money*, page 2

What do you want to bet that "Bank Holiday" is somewhere in this plan:

Treasury to lay out bank plan next week

reply to post by wutone

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I realize that presidents can essentially declare national security on a strike or work dispute that threatens to unravel into a national crisis, effectively forcing striking employees back to work while contract disputes are worked on. However, these situations where this has been threatened have always involved these workers still recieving pay. I have two questions...

1. Can the governor do the same thing on the state level? If state employees start getting IOUs and decide to walk, does he have the power to block them and order them back to work?

2. Can it be applied in a situation where they're working without pay? I have little doubt that if it can be applied, it will be... either by Schwartzenegger or by Obama if the governor lacks that power, in the name of national security. The question is, if that occurs, how long until total anarchy and rebellion breaks out in California? I can't envision any worker tollerating being forced to work without compensation every 2 weeks.

reply to post by burdman30ott6

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The L.A. riots broke out because many people thought they were being disenfranchised.

If millions of unemployed and welfare recipients don't get their checks, people are going to feel the same way they felt during the riots. This time, much of the anger won't be as localized.

Are people going to work without pay? I don't know. I know that a lot of people drive an hour or 2 just to get to work and have a lot of bills, it will be kind of rough for even a short time.

reply to post by Dbriefed

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Maybe California could ask for the 1.8 billion dollars back that Obama has just given Pakistan.

www.abovetopsecret.com...

Here's a link for latest news on California State Cash Deferral Plan (I have bad luck with links on ATS though...):

news.google.com... _mind=26&as_minm=1&as_maxd=2&as_maxm=2&nolr=1


[edit on 2-2-2009 by Dbriefed]

Here was a warning article from Friday this would happen.

www.ocregister.com...

Friday, January 30, 2009
Cash deferrals from state will start Sunday
State Controller calls for quick action.
By CHRIS DAINES
THE ORANGE COUNTY REGISTER

State Controller John Chiang warned Friday that he will begin withholding tax refunds and vendor payments on Sunday or else California will lose its ability to borrow money.

"Nobody will lend to the state of California today because we have a $42 billion deficit and we have no sound plan by the legislature or the governor," Chiang said at an economic luncheon in Dana Point.

Chiang said he has been forced to make painful decisions to help keep the state afloat while the legislature fights over the budget.

"On Sunday, February 1, I will have to start deferrals," he said. "It is too late for the governor and the legislature to take significant action to remedy the fact that I have to start the deferral process."...

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