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Schwarzenegger Declares Fiscal State of Emergency in Califorina

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posted on Dec, 8 2010 @ 07:51 PM
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Schwarzenegger Declares Fiscal State of Emergency in Califorina


nation.foxnews.com

California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday,
(visit the link for the full news article)




posted on Dec, 8 2010 @ 07:51 PM
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This was barely covered in the mainstream media. Saying that "the State of California is completely out of money", the Governator declared this to try and force lawmakers to pass a budget.

At least he can admit when they're bankrupt, unlike the Federal Government, who seems to think they can keep on spending and spending without consequence.

nation.foxnews.com
(visit the link for the full news article)
edit on 8-12-2010 by babybunnies because: Spelling



posted on Dec, 8 2010 @ 07:53 PM
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You mean to say that our finances have been.... TERMINATED? Oh no... I hope THEY'LL BE BOCK.



posted on Dec, 8 2010 @ 07:54 PM
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mexico should offer to buy it back



posted on Dec, 8 2010 @ 07:55 PM
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Doesn't this happen every fiscal year in the Republic of Kalifornia? No new news here.



posted on Dec, 8 2010 @ 07:56 PM
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reply to post by babybunnies
 

Probably barely covered because they seem to do this a lot in Cali. They've been in a fiscal emergency forever now, haven't they? Just like most of the rest of the country. Ha.



posted on Dec, 8 2010 @ 07:56 PM
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Maybe he should do a movie or to to support his state. That's worth a few hundred million profit.

I can't stand it when the rich elite complain someone has no money and holds a hand out.



posted on Dec, 8 2010 @ 07:59 PM
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ahhhh...the liberal, progressive experiment has finally ran out of other peoples' money to spend.

maybe the whole state can file chapter 7 and just go away.




posted on Dec, 8 2010 @ 08:01 PM
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off-topic post removed to prevent thread-drift


 



posted on Dec, 8 2010 @ 08:02 PM
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so, what happens during a 'fiscal state of emergency'?

Hopefully, no paychecks for the politicians until they straighten everything up....

too good to be true



posted on Dec, 8 2010 @ 08:02 PM
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maybe disney and hollywood should take over the californian government. they know how to turn a profit



posted on Dec, 8 2010 @ 08:03 PM
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off-topic post removed to prevent thread-drift


 



posted on Dec, 8 2010 @ 08:09 PM
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Yeah, I'm pretty sure they did this last year too? That's when they started destroying social programs and community essentials wasn't it?
So what they gonna cut this time around?

Unfortunately, this isn't just California. This is spreading to every regional and national government.

As Gerald Celente and several economists around the world stated two years ago, the bail-out bubble WILL burst and all this fake stimulus will evaporate. No financial system is on the mend. They are all doomed and it was nothing more than a whitewash.

Just watch. Any day now you'll see the limos leaving. The wealthy elites will depart the cities for their island getaways and they'll take all their gold with them as the financial system collapses around the world.

As that happens, we should be making sure none of those responsible get away.



posted on Dec, 8 2010 @ 08:23 PM
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Hmm...going broke???!!!

quick...somebody give the richest 2% more money to appease them gods...maybe they will pee down their gold coins on us.

The only way to save any economy is to give the rich all the money...then hope they give us some back...



posted on Dec, 8 2010 @ 08:28 PM
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reply to post by MMPI2
 


Just one minor glitch in your logic:

California has been run by a Republican for a few years now (Ah-nold).
California is the state that gave us Ronald Reagan, Jerry Brown and countless others.



posted on Dec, 8 2010 @ 08:47 PM
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off-topic post removed to prevent thread-drift


 



posted on Dec, 8 2010 @ 08:48 PM
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Nuke the state. After all they're commies. And they elect scum like Waxman, Feinstein and Pelosi over and over again.

Won't be a big loss. Or put nukes into the San Andreas fault and set it adrift in the ocean.

Or put a nuke in the Yellowstone volcano so it takes cares of it.


Being bankrupt will be the least of their problem.



Kidding of course.



posted on Dec, 8 2010 @ 08:51 PM
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reply to post by HunkaHunka
 


Just sell pardons to anyone who will pay 10 or 20 grand.

Heck, they'd raise a billion in a week.



posted on Dec, 8 2010 @ 09:01 PM
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off-topic post removed to prevent thread-drift


 




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