BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[California issues I.O.U.'s -- eat that seniors!]]>http://www.bloggingstocks.com/2009/07/01/california-issues-i-o-u-s-eat-that-seniors/http://www.bloggingstocks.com/2009/07/01/california-issues-i-o-u-s-eat-that-seniors/http://www.bloggingstocks.com/2009/07/01/california-issues-i-o-u-s-eat-that-seniors/#commentsFiled under: , , , , , , ,

This is unbelievable! California (my home state) is going to issue I.O.U.'s to seniors, disabled and welfare recipients starting tomorrow because our State Legislature cannot agree on a budget. This is outrageous beyond belief!

Next time someone refers to California as the "Golden State" the laughter from all corners of the nation will be deafening. They say that California Bonds and Schools will not be affected.

What I want to know is whether the politicians will be getting paid in I.O.U.'s. There are many people in the land of the petition and ballot initiative that would be in favor of a law that says the politicians do not get paid for twice the time it takes to settle the budget beyond yesterdays (June 30) deadline.

Continue reading California issues I.O.U.'s -- eat that seniors!

California issues I.O.U.'s -- eat that seniors! originally appeared on BloggingStocks on Wed, 01 Jul 2009 16:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Al FrankenAlFrankenCaliforniaCalifornia State LegislatureCaliforniaStateLegislaturecurrencyfeaturedGolden StateGoldenStateIOUschwarzeneggersenior citizensSeniorCitizensSheldon LiberSheldonLiberState BudgetsState IOUsStateBudgetsStateIouswelfareWed, 01 Jul 2009 16:50:00 EST<![CDATA[Governors message to Congress: Please save us]]>http://www.bloggingstocks.com/2008/10/30/governors-message-to-congress-please-save-us/http://www.bloggingstocks.com/2008/10/30/governors-message-to-congress-please-save-us/http://www.bloggingstocks.com/2008/10/30/governors-message-to-congress-please-save-us/#commentsFiled under: , ,

A bunch of governors went to Washington yesterday and asked Congress to send them tens of billion of dollars to help them balance their budgets. So, taxpayers in Texas can help the citizens of Michigan. According to The New york Times, "Appearing before separate congressional committees, they said that their states, like many others, had already moved to address budget deficits."

It is not unfair for people paying federal income tax to ask why these states did not put aside money into "rainy day" funds when their treasuries were doing well. What about cutting down on all of those people who plant trees in state parks or the guys who mow the governor's lawn? What about the receptionist in the state assembly? Shouldn't all of those calls go directly to state officials?

Governors like to spend their testimony time talking about all the hospital they have to close and the police they may have to fire. Of course, they don't show up with budgets taking out the cost of the state helicopter of the doughnut budget for the state highway patrol. Why should anyone with those perks suffer?

Douglas A. McIntyre is an editor at 247wallst.com.

Governors message to Congress: Please save us originally appeared on BloggingStocks on Thu, 30 Oct 2008 11:11:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>economyinthenewspoliticsstate budgetsStateBudgetsThu, 30 Oct 2008 11:11:00 EST