California governor declares state of fiscal emergency

[dipsydoodle]

Source: Reuters

July 28 (Reuters) - Increasing pressure on lawmakers to negotiate a state budget that closes a $19 billion shortfall, California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday.

In the declaration, Schwarzenegger ordered three furlough days per month beginning in August for thousands of state employees to preserve the state's cash to pay the state's debt obligations and for essential services.

California's budget is several weeks overdue and Schwarzenegger and top lawmakers are at impasse over how to balance the state's books. Analysts say it could be several more weeks before the Republican governor and leaders of the Democrat-led legislature reach an agreement, a delay that may threaten to lower the state's already weak credit rating, now hovering just a few notches above "junk" status.

Read more: http://www.reuters.com/article/idUSN2821432620100728

[no_hypocrisy]

1. Arnold IS the Terminator.

[Roland99]

2. But...but...but...I thought Republicans had ALL the answers???

Must be the fault of those danged Democrats in the state legislature.

[ixion]

3. Save billions: Release non-violent drug offenders

It is ridiculous to keep them behind bars in the first place, much less if you can't even balance the budget.

[wordpix]

4. save billions more: stop the drug wars and make pot legal & taxable

[ixion]

5. word, wordpix

I'm all for that. :applause:

[Dogtown]

6. "Schwarzenegger calls for Reagan statue"

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4482834



:eyes:

[LiberalEsto]

7. +10

[Bozita]

8. I clicked on this thread to do precisely what you've done.

Good 'un!

[Dogtown]

11. Thanks for the nod.

Yes, was just too ironic to pass up.

[Bozita]

14. Just because the fruit hangs low doesn't mean it ain't worth picking!

[truebrit71]

9. Wasn't Gray Davis recalled and this moron installed to fix the problem?

What happened?

Arnie turned out to be just as brain-dead a piece of used-up actor as we all said he was?

Bummer dude..

[wordpix]

13. yes, Gray was recalled because Enron fabricated an energy crisis while they reaped the profits

as prices rose astronomically. All Gray Davis' fault. :sarcasm:

And Ahnold was the one who could save the state :sarcasm: , obviously

[defendandprotect]

18. Yes, Enron, of course . . . but . . .

Was reading recently that someone on the right was behind all of that . . .

some individual . . . can't remember ...

I was surprised at the name -- and in checking this is all I could find --

"This is a blatant abuse of the recall process," says Craig Holman, who follows campaign finance issues for Public Citizen's Congress Watch and drafted a campaign finance reform law adopted by California voters in 1988. "The recall process is intended as a once-in-a-millennium procedure that would be invoked to remove some office holder for, most likely, criminal activity. This is clearly not that. It's Darrell Issa using his money to try to set up a procedure in which he could potentially get elected governor realizing that he can't do it if he followed the normal route."

Of course, deregulation which the GOP should have been punished for did harm to Davis --

Has CA even recovered yet from all the harm that Enron did to the state?

Did the state ever get anything back from Enron?



PS: While we'd be one heck of a lot better off if we targeted Issa and got him out of Congress --

he's absolutely vicious -- I think it was a bigger name -- familiar, but not that familiar.

????


PSS: And imagine how much better off we'd be if we NATIONALIZED the oil industry!!


Capitalism should be totally regulated -- unregulated capitalism is merely organized crime!!



:)

[Kringle]

32. wrongo, Davis' thing was to turn your electricity off

Arnie is smart enough not to do that

[bluestateguy]

10. Here we go again

Another year, another California budget drama.

And the rest of us will have to sit through the whole bad movie too.

[Hubert Flottz]

12. But Arnold can afford for Kolley-4-knee-ya to erect a statue of

Reagan? Starve Granny to death to pay for another GOPer graven image?

[Bette Noir]

15. Arnold is just being true to his roots.

One not-too-bright actor who got into politics has to honor another.

[defendandprotect]

20. How about an Ahrnold recall?

[KamaAina]

24. Silver lining: He's termed out

but we better make damned sure we get Jerry Brown in there instead of Meg-abuck$ Whitman, who would be sort of like an aggro version of Ahh-nuld. :scared:

[defendandprotect]

28. Yeah -- too late . . . why didn't anyone do that before now?

As a matter of fact, how did CA come to elect such a slime ball?

LOVE Jerry Brown -- hope you make it!!

[defendandprotect]

16. Well . . . eh . . . how about raising taxes on the wealthy . . . ??? Duh?

Bush tax cuts for rich weren't paid for -- they were based on surplusses which

never materialized --

Overturn them immediately --

And then follow up with overturning Reagan's tax cuts on the wealthy!

We'll probably have to call out the National Guard to do all of this -- but let's get to it!!

[kestrel91316]

17. Good job, Ahnuld, you've just about monkeywrenched us into oblivion.

[Earth_First]

19. Next up: New York

We're still struggling with a proposed $9 billion shortfall for FY11 which is four months overdue...

[defendandprotect]

29. Hey -- what's $9 billion . . . that's loose change for our government/Pentagon . . . ???

And Pentagon is still missing $2.3 Trillion -- or is it $3.4 Trillion --

Actually, you can see they're winning the battle 'cause who could keep track of

all the lies?


I'm a native NY'er -- transported to NJ -- ugh!

What the hell is going on with Victoria's Secret -- they infested all of NYC?

So that's what was in the closet?



:evilgrin:

[lib2DaBone]

21. C'Mon.. the Republican were giddy when they put Arnold in there....

YOu can't mean it's another collosal Republican Failure?

[glitch]

25. They don't consider bringing the government down a failure.

In fact it's their greatest success (in the US anyway) so far.

[alp227]

22. Gov orders more state furloughs

Source: San Francisco Chronicle

(07-28) 14:33 PDT SACRAMENTO -- Citing an impending cash crisis, Gov. Arnold Schwarzenegger ordered furloughs for 156,000 state employees today, a move union leaders called a thinly veiled attempt to pressure their members and the Democratic-led Legislature into accepting his budget demands.

The order, which requires the employees to take three unpaid days a month, takes effect Aug. 1 - one month after the governor's previous, more expansive furlough order expired.

The new order includes most state employees but exempts members of the six bargaining units that have reached tentative agreements with the Schwarzenegger administration, as well as employees of revenue-generating agencies such as the Tax Franchise Board.

The Republican governor said the furloughs will end the minute a budget deal is reached, but that they are necessary to avoid the issuing of IOUs, as occurred last year. His spokesman said the furloughs would save the state $147.2 million a month, but only $80 million of that savings would come from the state's general fund, the primary spending account that faces a $19 billion deficit.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/07/28/BAPJ1EL7QK.DTL

---

The governor is just enabling the further meltdown of the state by performing an endless pocket veto on the still-tardy budget and dunking government down the tub.

[ozymandius]

23. A statue of Ronald Reagan should fix everything.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4482834

[glitch]

26. Cheer up. Think about how much fun it will be to pull it down, Saddam-style.

:evilgrin:

[frylock]

27. we spent millions of dollars on a special election for THIS?!!

i'll never forgive the motherlickers that STOLE my fucking vote for gray davis.

[Zorra]

30. $19 billion shortfall? Arnold is following in the footsteps of his hero - Ronald Reagan. nt

[UTUSN]

31. So can Grey DAVIS come back now?!1 n/t