Author Topic: California going bankrupt?  (Read 517 times)

Offline mg1942

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California going bankrupt?
« on: August 10, 2008, 10:54:08 PM »
Is the budget deficit really that bad there?

I heard that CA is slashing 20,000+ state workers and those who survived the elimination round will only get $6.75/hour rate.

Offline FrodeMk3

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Re: California going bankrupt?
« Reply #1 on: August 10, 2008, 10:55:50 PM »
Is the budget deficit really that bad there?

I heard that CA is slashing 20,000+ state workers and those who survived the elimination round will only get $6.75/hour rate.

Yep.

Offline Hangtime

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Re: California going bankrupt?
« Reply #2 on: August 10, 2008, 10:57:36 PM »
Old news.

The Schwartzinator already canned all part time employees and cut the rest back to minimum wage. There's a long thread on here about it somewhere...

..I think..

damn; the net is slow...
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Offline Yossarian

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Re: California going bankrupt?
« Reply #3 on: August 10, 2008, 10:58:58 PM »
Why don't you look at the US Federal Budget deficit?

The US Public Debt is only about $9 trillion.

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Offline FrodeMk3

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Re: California going bankrupt?
« Reply #4 on: August 10, 2008, 11:02:12 PM »
Old news.

The Schwartzinator already canned all part time employees and cut the rest back to minimum wage. There's a long thread on here about it somewhere...

..I think..

damn; the net is slow...

I don't think we started one about Arnolds' emergency measure, until now...

Offline ROC

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Re: California going bankrupt?
« Reply #5 on: August 10, 2008, 11:07:11 PM »
California state law and the state employees contracts state that if there is a financial crisis the state employees revert to federal minimum wage.

Arnold suggests that since the budget has not been adopted, it is a crisis and the order was signed.

State controller says BS, plenty of money to pay the wages as they are, and when the budget is passed it will be fine.

Big argument, but bankrupt..not hardly.  It's a move to force the legislature to do their job and pass a budget.

My wife, working for the department of emergency services, is affected by this, and it really isn't that big of a deal.  The legislature really just needs to do their job.

Nothing Arnold is doing is outside of the contracts in place.  As soon as the budget is adopted, those positions will be filled again, regardless of the fact that we apparently don't need them in the first place as they are quick to dispose of them in a budget "crisis".


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Offline Chalenge

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Re: California going bankrupt?
« Reply #6 on: August 10, 2008, 11:14:06 PM »
Nothing that happens in California interests me in the least (unless it happens to a squadie or relative). If a terrorist attack occured during the academy awards it would look like a love-fest...
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Offline FrodeMk3

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Re: California going bankrupt?
« Reply #7 on: August 11, 2008, 01:47:25 AM »
California state law and the state employees contracts state that if there is a financial crisis the state employees revert to federal minimum wage.

Arnold suggests that since the budget has not been adopted, it is a crisis and the order was signed.

State controller says BS, plenty of money to pay the wages as they are, and when the budget is passed it will be fine.

Big argument, but bankrupt..not hardly.  It's a move to force the legislature to do their job and pass a budget.

My wife, working for the department of emergency services, is affected by this, and it really isn't that big of a deal.  The legislature really just needs to do their job.

Nothing Arnold is doing is outside of the contracts in place.  As soon as the budget is adopted, those positions will be filled again, regardless of the fact that we apparently don't need them in the first place as they are quick to dispose of them in a budget "crisis".




Then where do they come up with the figure that we are over 15 billion in the hole, ROC?

Offline BiPoLaR

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Re: California going bankrupt?
« Reply #8 on: August 11, 2008, 04:22:34 AM »
If a terrorist attack occured during the academy awards it would look like a love-fest...
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Offline CAP1

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Re: California going bankrupt?
« Reply #9 on: August 11, 2008, 08:25:05 AM »
Old news.

The Schwartzinator already canned all part time employees and cut the rest back to minimum wage. There's a long thread on here about it somewhere...

..I think..

damn; the net is slow...

possibly, rather than firing the little guys, they could/should take the lead, and cut their own salaries? just a little?
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Offline lazs2

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Re: California going bankrupt?
« Reply #10 on: August 11, 2008, 08:37:12 AM »
yep.. and this year he hired hundreds of new employees to contemplate their navel and man made global warming issues..  all at top salaries.    They should go first.

lazs

Offline angelsandair

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Re: California going bankrupt?
« Reply #11 on: August 11, 2008, 08:44:28 AM »
See Rule #7
« Last Edit: August 11, 2008, 09:29:43 AM by Skuzzy »
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Offline ROC

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Re: California going bankrupt?
« Reply #12 on: August 11, 2008, 09:22:45 AM »
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Then where do they come up with the figure that we are over 15 billion in the hole, ROC?

15 bil in the hole is because the morons can't balance a budget, continually funding irrelevant garbage to keep themselves busy.  We'd slash that budget simply by having a part time legislature, they wouldn't have time to do nearly as much damage, and they would have to go home and work within the cesspool they create.

What does that have to do with being bankrupt?  With an economy as large as California, 15 Billion really isn't as much as one thinks it is.  Frankly, if they would remove a couple of porked up programs they would erase that 15 Billion.  It's a mentality that needs to change nation wide, not just California. 

I didn't say I approved of what they are doing, I simply said it wasn't as big a deal as some might make it out to be.  15 Billion is a great deal of money, if you look at the actual dollar amount, of course it is.  The state, national and global economy is growing, it's huge, massive in fact.  Look at the 15 Billion as compared to the percentage of the economy.  People are staggered by "Billions" , like some oil company record profit, it's a matter of scale, the economy is growing larger, expect larger profits, and expect larger debts, keep focused on the percentages.

I wonder if most people realize their personal debt ratio and how it compares to the governments?  On a percentage, even California fairs better than most of the public :)  The politicians problem is they can simply take more if they "need" it, while the rest of us have to make sacrifices, choices, or come up with alternative revenue streams on our own, we can't simply increase our funding. 

Jump up out there, I would think that anyone posting their dissatisfaction on these boards are at least going to their local city councils and raising hell, or at best getting to your legislative leaders and voicing your opinion.  Does no good in here.  If anyone needs some direction on how to get involved, just let me know, I spend most of my day doing just that, from the local cities and schools to the capitol.

Don't just post in here though, tell someone who can do something about it, get involved.

ROC
Nothing clever here.  Please, move along.