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California going broke from all the liberals running it!
This should be a indication of what Congress has done with CA going broke that the Dems do not how to control money or run anything with effectiveness!
With the illegal loving to all the spending it's no wonder!
Calfornia is the richest state in the U.S. according to CNN. Arnold explained yesterday that they seek loans this time of every year. Because of the financial crisis they were not able to secure those loans. That is why they might have to ask the government for help.
Calfornia is the richest state in the U.S. according to CNN. Arnold explained yesterday that they seek loans this time of every year. Because of the financial crisis they were not able to secure those loans. That is why they might have to ask the government for help.
CA going broke, just like rest of country..
User Forum Topic
Submitted by hipmatt on October 24, 2007 - 11:39pm
Schwarzenegger Discipline Shattered by Subprime Slump
Oct. 24 (Bloomberg) -- Four years after Arnold Schwarzenegger was elected governor of California, vowing to ``tear up the state's credit card,'' the actor and former body- builder is about to charge $7 billion to taxpayers' accounts.
``A California budget crisis is beginning to recur, and the big increase in short-term seasonal borrowing is the classic leading indicator,'' said Richard Larkin, a municipal bond analyst at J.B. Hanauer & Co., a Parsippany, New Jersey-based money manager that oversees $10 billion.
Foreclosure Rate
The state had the third-highest foreclosure rate in September, or one for every 253 households, according to RealtyTrac Inc., an Irvine, California-based company that has a database of more than 1 million properties from 2,500 U.S. counties. Only Nevada and Florida had higher foreclosure rates.
California going broke from all the liberals running it!
This should be a indication of what Congress has done with CA going broke that the Dems do not how to control money or run anything with effectiveness!
With the illegal loving to all the spending it's no wonder!
Like Arnold?
Their first mistake was letting ACTORS run for office.
California going broke from all the liberals running it!
This should be a indication of what Congress has done with CA going broke that the Dems do not how to control money or run anything with effectiveness!
With the illegal loving to all the spending it's no wonder!
And the US has a 10 trillion dollar deficit thanks to 8 years of a conservative
Last I heard, Republican Arnold "The Black Plowman" Schwarzenegger was Governator there...........
FYI - Democrats run this state - voters (thru direct democracy when they vote for liberal initiatives) and the legislative branch (which makes it hard for Arnold to get anything thru), etc. California's problems started way before Arnold took office.
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