Wednesday, May 12, 2010

California The Next Greece: Devastating Cuts Coming


More evidence that California is the new Greece.
As the state grapples with a horrible budget situation, Arnold Schwarzenegger is warning of pain ahead.
Specifically, according to the SacBee, Schwarzenegger press secretary Aaron McLear said:
"What you can expect generally is no taxes and terrible cuts, absolutely terrible cuts... We're not going to get through the deficit we have without some really tough decisions and some really terrible cuts."
This is going to get really ugly, and though California may stave off default, there's no way they'll be able to stave off the horrible demand destruction that will result from these "absolutely terrible cuts."
Link Here..

23 comments:

  1. I am absolutely fine with massive, painful cuts as long as the first action item is to cut off all Social Services to illegals and their anchor babies. This alone represents 1/5 of the budget.

    When I was fired, I was not offered a pay cut or a reduced work week or any other option, they just showed me the door. What really pissed me off, was I had about 60 hours of Paid Time Off and because I did not use it, I lost it. I guess I should be glad the company is now completely out of business.

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  2. Arnold is a RINO...

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  3. 3:00 I know how you feel. I was laid off and not offered pay cut or a reduced work week or any other option either.

    Hard to believe that we are paying for all of these Illegals ... I am not anti-Mexican just they should have to go thru proper immigration procedures like everyone else.

    Americans should boycott companies hiring illegals.

    Americans should vote OUT OF OFFICE any politician who supports Illegals.

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  4. Illegals are a very small part of the equation; scape goats.

    Corrupt, banker-run government did all of this to us, not Pedro the lawnmower man.

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  5. The Oligarch bankster invasions and occupations are breaking us apart. Focus on the REAL money scams of these bastards, not some gardener:

    Afghan war tops Iraq war costs

    The monthly cost of the Afghan war, driven by troop increases and fighting on difficult terrain, has topped Iraq costs for the first time since '03.

    Edit: NOT a war. An unprovoked invasion and occupation for Empire.

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  6. The banksters are making trillions off the backs of US taxpayers with their wars, bailouts and scams and Joe Dirt is worried about some house maid or painter. Sad.

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  7. This topic is about the debt of California.

    Not Iraq or Afghanistan invasions or empires and their banker run governments and all these other gadamn nonsensical bullshit conspiracy theories
    that you 2 fuckheads continue to bring up every
    fucking article !

    Give it a rest allready - we are damn tired of hearing it !

    If you live here you know why this state is in big trouble - entitlements, special interest groups and a very, very anti-business enviroment
    will get you to not use your natural resources; try to save a tadpole over 5,000 farmers and their families and put hundred's of thousands
    on every handout known to man for free; for life

    Simple as that.

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  8. This is crazy stuff. Don't know how much longer I'll have a job, but while I have it I'm working as much OT as possible... dollars, gold, dollars, silver, dollars, tangible goods, ...

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  9. Is their really a tadpole left in california and 5,000 family farmers not growing pot?

    The real threat to the economy and these Farmers and all americans without a job is cheap labour 'Pedro" fruit and vege pickers!

    How many years has this cheap labour inustry existed in california anyway?
    Did it just begin in recent years with the current crop of ilegals stealing "american" jobs?

    Without this cheap labour all Americans would be able to afford to buy fruit and Veges at a high price supporting high waged official american wages rates of pay .
    No minimum wage rates should ever be allowed for all these new "American" jobs.
    Once these jobs are americanised.
    American Heaven!

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  10. It's the invasion of cockroaches from the South
    And the anchor babies they crank out by the dozen who have sucked California dry. Now they are throwing tantrums in the street...

    The Mexican reconquista has been lost just like every War Mexico has ever fought.
    Game Over,Adios.

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  11. The Governator is going to have a full blown disaster on his hands if he tries to uncork welfare programs from the state.

    Asta la vista Governator...

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  12. Ahnold is giving the performance of his life... He's in a blind panic but he is playing it off.

    Its called a poker face in poker.

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  13. All true americans should remember the Alamo and their alimony payments and that americans never lost a war or even a battle against a third world people war exept at the Alamo korea .viet-nam etc. etc.

    And the never ending ones they are in now that bankrupted the country by financing these wars by deficit spending .

    They cannot afford to pay for endless militarist war taxes and keep up the alimony payments and can only afford food stamps and not jobs for americans .
    So who is winning these wars the american people?

    They exported their manufacturing industries exept for tax paid for military industries.
    Blame it all on foreign "cockroaches" stealing american jobs.
    Demand all these less than minimum wage paying jobs back as your last chance way out.
    But,Remenber The Alamo and the alimony and pay up your debts to the banksters for your house in full.

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  14. "The Mexican reconquista has been lost just like every War Mexico has ever fought.
    Game Over,Adios."
    But they did the war that saved the bacon for the American Union!
    History :Just for the fun of it because its May!
    Cinco de Mayo has its roots in the French Occupation of Mexico. The French occupation took place in the aftermath of the Mexican-American War of 1846-48, the Mexican Civil War of 1858, and the 1860 Reform Wars. These wars left the Mexican Treasury in ruin and nearly bankrupt. On July 17, 1861, Mexican President Benito Juárez issued a moratorium in which all foreign debt payments would be suspended for two years, with the promise that after this period, payments would resume.[11][12]
    In response, France, Britain, and Spain sent naval forces to Veracruz to demand reimbursement. Britain and Spain negotiated with Mexico and withdrew, but France, at the time ruled by Napoleon III, decided to use the opportunity to establish an empire on Mexican territory. Late in 1861, a well-armed French fleet stormed Veracruz, landing a large French force and driving President Juárez and his government into retreat.[13]
    Moving on from Veracruz towards Mexico City, the French army encountered heavy resistance from the Mexicans near Puebla, at the Mexican forts of Loreto and Guadalupe.[14] The 8,000-strong French army attacked the much poorer equipped Mexican army of 4,000. Yet the Mexicans managed to decisively crush the French army, the best army at the time, and one that had not been defeated for almost 50 years.[15]
    ..Consequences to the United States
    Some historians have argued that France's real goal was to help break up the American Union, at the time in the midst of a civil war, by helping the southern Confederacy:[23] "The Mexicans had won a great victory that kept Napoleon III from supplying the confederate rebels for another year, allowing the United States to build the greatest army the world had ever seen. This grand army smashed the Confederates at Gettysburg just 14 months after the battle of Puebla, essentially ending the Civil War." The consequence of Cinco de Mayo to the United States has been thus recognized:"The defeat of the French army had consequences for America as well...the French defeat denied Napolean III the opportunity to resupply the Confederate rebels for another year."[24]

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  15. 818 u should know our military leaders have not been allowed to WIN a war since well the civil war. winning only pays 1 side, ptb wants spoils from both sides..and don't worry about the illegals mecha will stir them up soon and u'll be able to go carnival style in the streets of north mexico...

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  16. I cut you up, you know I cut you up.

    Cuts. More cuts. Cuts. I cut you up. There will be cuts.

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  17. If the Social Services to illegals were cut off and employment opportunities were lowered, the Mexicans would go home without government intervention.

    The average daily wage for an unskilled Mexican is about 3 dollars a day. Here they work for 3 bucks and hour and feel like kings!

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  18. What we have to remember through all of this is that illegals are here for FOOD, SHELTER, and CLOTHING like the rest of us human beings. There are here to have a chance to LIVE. The elites are laughing their heads off that all of us are fighting with each other about borders and chasing the few amount of dollars the elites throw at us to float around in the economy that we all must fight like dogs for. Illegals and Americans area the same. They have families that need to EAT. If the elites would share their money with all of the rest of us, illegals would gladly go back to their homelands and EAT there!

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  19. Sorry I'm Hispanics and I agree with the weirdos on this topic...I live in Cali in the Monterey Area which is the salad bowl of the country for lettuce/grapes/artichokes/garlic etc etc...My people are hard workers but they also have toooooo many kids.

    If you make people support and pay for their own kids...You would need a lot less services and taxes...If you give free medical and food stamps/section 8 etc etc benefits then kids and young women will keep having bastard kids.

    Why bastard? Because they don't get married and usually have 3-4 kids from 2-3 different guys...Works the same for blacks and poor whites...Just here in Cali it's the hardworking YET STUPID illegal aliens causing the prob.

    Just being a realist...I say good for Arizona!

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  20. 40% of ALL american births are to unmarried mothers not just Mexicans or "Hispanics"

    Thats the superior "free love"american lifestyle that america seeks to export to the world especialy to resistant Muslims.Actualy America is the biggest support for reactionary Muslims and dictators Such as Saudi Arabia and Kuwait.

    America is now "over populated" because capital cannot provide profitable jobs only fool stamp bribes and government income subsidies mostly to unemployed and underemployed white folks so that they will continue to support and fight for the existing system .

    When insufficient Black and White Folk are available for the military, citizendhip is handed out to Illegals willing to sign upand fight for america.

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  21. Overpopulation is a myth. Only when our population grows to 90 trillion trillion trillion trillion trillion trillion trillion trillion trillion trillion people will all of our issues be solved. The finite space of a sphere is just an illusion. The finite regeneration rate of earth is also just an illusion.

    You should continue to manufacture more minis (more advanced pets) or your life will be incomplete. Gogogogogogo, you should be shooting semen in a vaginal cavity or swallowing it with your vaginal cavity as we speak, it's the #1 priority of life.

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  22. I am really offended by posts like 10:06 PM, just read that filth. Editor, I know it is not my business to tell you what to do, but, could you perhaps also add "vulgarity" to the list of things you won't post? I mean, just read the second sentence, it's just a horrible and disgusting thing to have to see on this page.

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Everyone is encouraged to participate with civilized comments.