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2012-01-31 Economy
Laficornia out of cash by March
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Posted by Steve White 2012-01-31 16:57|| || Front Page|| [2 views ]  Top

#1 Gee... why is revenue less than what their optimistic budget was? Business flight? Investors not investing? Unicorns failed to fart enough diamonds?

And who the fuck will still be willing to invest in California at this stage?
Posted by DarthVader 2012-01-31 17:12||   2012-01-31 17:12|| Front Page Top

#2 "I think they've made the biggest financial mess that any government's ever made in this country for a very long time, and Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them." Mrs Thatcher (PBUH)
Posted by Bright Pebbles 2012-01-31 17:31||   2012-01-31 17:31|| Front Page Top

#3 
UNEXPECTEDLY

Posted by CrazyFool 2012-01-31 17:42||   2012-01-31 17:42|| Front Page Top

#4 No problemo, dudes. We'll just borrow some money (we'll call it issuing bonds!) and raise taxes on those stinkin' rich people. Voila! One more can kicked down the road.
Posted by SteveS 2012-01-31 17:47||   2012-01-31 17:47|| Front Page Top

#5 Yokay, I'll bite, to paraph His Mighty Sharon-ness OZZI OZBOURNE, WHATS A LAFI-CORNIA???
Posted by JosephMendiola 2012-01-31 19:22||   2012-01-31 19:22|| Front Page Top

#6 No worries, Obama will come up with the money from his special Presidential stash in the White House basement /sarcasm
Posted by Cincinnatus Chili 2012-01-31 19:23||   2012-01-31 19:23|| Front Page Top

#7 Start the payment delays now -- don't pay anyone anything, and California can be sitting pretty for the indefinite future. Just like Illinois.
Posted by Anguper Hupomosing9418 2012-01-31 19:49||   2012-01-31 19:49|| Front Page Top

#8 That's what's been happening so far, Chili -- that's how a number of states have managed to avoid bankruptcy these last few years. The Feds have been giving them money in various ways. Where do you think that trillion and a half deficit is going?
Posted by Steve White 2012-01-31 19:50||   2012-01-31 19:50|| Front Page Top

00:13 JosephMendiola
00:06 Lonzo the Lesser4370
23:47 JosephMendiola
23:45 JosephMendiola
23:43 JosephMendiola
23:42 SteveS
23:33 JosephMendiola
23:25 trailing wife
23:15 rammer
23:15 JosephMendiola
23:11 JosephMendiola
22:57 rammer
22:46 USN, Ret.
22:45 rammer
22:44 Anguper Hupomosing9418
22:19 Frank G
22:05 Frank G
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22:01 Glenmore
21:51 Anonymoose
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