Pearshape Posted July 28, 2010 Share Posted July 28, 2010 (edited) Will post more when i get a link - this is breaking Links http://www.reuters.com/article/idUSTRE66R5FE20100728?type=politicsNews http://www.zerohedge.com/article/california-declares-state-emergency-over-state-finances Edited July 28, 2010 by Pearshape Quote Link to comment Share on other sites More sharing options...
yellerkat Posted July 28, 2010 Share Posted July 28, 2010 They could have waited 20 minutes for New York to close! Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 28, 2010 Share Posted July 28, 2010 Is this a joke? Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 28, 2010 Share Posted July 28, 2010 State of emergency because of wildfires! Quote Link to comment Share on other sites More sharing options...
Pearshape Posted July 28, 2010 Author Share Posted July 28, 2010 Is this a joke? No I promise you its real - still looking for the linky - trust me its real - basically everyone is on a "fourlough" - which means, dont come to work, your not getting paid. and so it begins..... Quote Link to comment Share on other sites More sharing options...
Boughtin95 Posted July 28, 2010 Share Posted July 28, 2010 Gov. Arnold Schwarzenegger today proclaimed a state of emergency in Kern County, where wildfires this week have destroyed about 25 homes and continue to burn. Says nothing about running out of cash. http://countusout.wordpress.com/2010/07/28/california-governor-declares-state-of-emergency-as-2-wildfires-rage-all-state-government-agencies-are-ordered-to-mobilize-resources-to-aid-the-county-video/ Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 28, 2010 Share Posted July 28, 2010 http://gov.ca.gov/ Gov. Schwarzenegger Holds Ceremonial Bill Signing Honoring President Reagan7/28/2010 - The Governor was joined by Mrs. Ronald Reagan and Assembly Republican Leader Martin Garrick for a ceremonial bill signing of SB 944 and AB 1911 which honor President Ronald Reagan for his life’s accomplishments and contributions to California. Does this mean that this won't be happening then? Quote Link to comment Share on other sites More sharing options...
Muskoka Posted July 28, 2010 Share Posted July 28, 2010 Fire Management Assistance Declaration, July 28, 2010 Quote Link to comment Share on other sites More sharing options...
Pearshape Posted July 28, 2010 Author Share Posted July 28, 2010 Gov. Arnold Schwarzenegger today proclaimed a state of emergency in Kern County, where wildfires this week have destroyed about 25 homes and continue to burn. Says nothing about running out of cash. http://countusout.wordpress.com/2010/07/28/california-governor-declares-state-of-emergency-as-2-wildfires-rage-all-state-government-agencies-are-ordered-to-mobilize-resources-to-aid-the-county-video/ mmm interesting - doomberg broke what i had written earlier - perhaps they have got it round there neck....... shall wait and see Quote Link to comment Share on other sites More sharing options...
yellerkat Posted July 28, 2010 Share Posted July 28, 2010 Cut 'n Paste (no link) from ticker forums: SCHWARZENEGGER ISSUES EXECUTIVE ORDER TO IMPOSE FURLOUGHS (The following is a reformatted version of a press release issued by the California Governor’s Office and received via electronic mail. The release was confirmed by the sender.) For Immediate Release: Wednesday, July 28, 2010 Gov. Schwarzenegger Declares State of Emergency, Issues Executive Order to Impose Furloughs Due to Cash Crisis Caused By Budget Impasse Governor Schwarzenegger issued an order today directing state agencies to reinstitute furlough Fridays until a new budget is in place. The order for state workers to take three furlough days per month will take effect starting August 1 and continue until a new budget is enacted and the Department of Finance certifies that the state has enough cash to meet its obligations through the end of the Fiscal Year. “Without a budget in place that addresses our $19 billion budget deficit, every day of delay brings California closer to a fiscal meltdown,” said Governor Schwarzenegger. “The State Controller has indicated he could be forced to issue IOUs starting in August in order to avert a cash crisis. Our cash situation leaves me no choice but to once again furlough state workers until the legislature produces a budget I can sign. ” Quote Link to comment Share on other sites More sharing options...
Pearshape Posted July 28, 2010 Author Share Posted July 28, 2010 (edited) Thanks Yellercat - thought i was imagiining things then Edited July 28, 2010 by Pearshape Quote Link to comment Share on other sites More sharing options...
200p Posted July 28, 2010 Share Posted July 28, 2010 (edited) Heres G4T our spy in California Latest - http://www.youtube.com/watch?v=sHQXU9Kzgr8 MOre People living in homes without electricity and water (not paid the bills) Another - http://www.youtube.com/watch?v=w9fGkYOTZ4A Unemployment benefits run out for many http://www.youtube.com/watch?v=5vR97p95xpM Edited July 28, 2010 by Money Spinner Quote Link to comment Share on other sites More sharing options...
ParticleMan Posted July 28, 2010 Share Posted July 28, 2010 http://latimesblogs.latimes.com/california-politics/2010/07/most-state-workers-will-face-more-furloughs-under-new-executive-order-by-schwarzenegger.html Most state workers will face more furloughs under new executive order by SchwarzeneggerJuly 28, 2010 | 12:48 pm Most state workers will again face unpaid furloughs again in August under an executive order imposed by Gov. Arnold Schwarzenegger, said a union official who was briefed on the plan by the administration. Roughly 200,000 state workers would be subject to the mandatory days off, though the governor is exempting the union bargaining units that have negotiated rollbacks of future pensions with his administration. Previous furloughs, implemented to help ease California’s budget crisis, ended with the fiscal year that expired June 30. Courts have ruled that Schwarzenegger has the authority to impose the unpaid time off. The new furlough order comes as California enters the 28th day of the new fiscal year without a budget and is an effort by Schwarzenegger to ramp up pressure on lawmakers to strike an accord. The governor previously tried to slash workers’ pay to the minimum wage, but that effort has been stalled by state Controller John Chiang and the courts. The furloughs will also help the state conserve cash; Chiang has said he may be forced to begin issuing IOUs by late August. The new furloughs, according to the union official, who requested anonymity because the order was not yet public, would last for the duration of California’s budget standoff. It would take effect the second week of August. Workers would be subjected to three unpaid mandatory days off each month, which is equivalent to a roughly 14% pay cut. State workers had been ordered to take three monthly furlough days since last summer. In his executive order, Schwarzenegger will exempt the six labor union bargaining units that have negotiated new tentative contracts with his administration, according to the union official. Those tentative contracts, which the Legislature has yet to ratify, include protection from future furloughs, pay reductions to minimum wage during budget stalemates and cuts in retirement pension benefits. Quote Link to comment Share on other sites More sharing options...
Kyoto Posted July 28, 2010 Share Posted July 28, 2010 Feck it's a DOUBLE state of emergency. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted July 28, 2010 Share Posted July 28, 2010 Seems to be fire related. Moving to OT. Quote Link to comment Share on other sites More sharing options...
Pearshape Posted July 28, 2010 Author Share Posted July 28, 2010 youll be moving back soon then - have you not read the actual postings? - Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 28, 2010 Share Posted July 28, 2010 (edited) Seems to be fire related. Moving to OT. "The governor previously tried to slash workers' pay to the minimum wage, but that effort has been stalled by state Controller John Chiang and the courts." a dose of reality is needed.you see, what these clowns dont get, is that no more means, there is no more. nada. course, a squeeky wheel gets the most QE Oil. Its finance. Edited July 28, 2010 by Bloo Loo Quote Link to comment Share on other sites More sharing options...
ParticleMan Posted July 28, 2010 Share Posted July 28, 2010 Its finance. It's the ghost of Whitlam past. Or something. Quote Link to comment Share on other sites More sharing options...
xux42 Posted July 28, 2010 Share Posted July 28, 2010 youll be moving back soon then - have you not read the actual postings? - MODS - Please move back. California, a world top ten economy is going bust. This is very much an economic story. Equivalent to Italy or Spain going bust. Furloughs Stimulus money running out Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted July 28, 2010 Share Posted July 28, 2010 World's most confused man joins HPC. Welcome home, son. Quote Link to comment Share on other sites More sharing options...
pl1 Posted July 28, 2010 Share Posted July 28, 2010 Seems to be fire related. Moving to OT. This is a fiscal emergency, this is very serious as California, the state with the largest economy, is pretty much broke. Quote Link to comment Share on other sites More sharing options...
Pearshape Posted July 28, 2010 Author Share Posted July 28, 2010 Another link http://www.zerohedge.com/article/california-declares-state-emergency-over-state-finances Quote Link to comment Share on other sites More sharing options...
'Bart' Posted July 28, 2010 Share Posted July 28, 2010 This from Reuters (link) Sorry guys, as predicted, moving back to the main forum (hope this works). Quote Link to comment Share on other sites More sharing options...
tomwatkins Posted July 28, 2010 Share Posted July 28, 2010 Seems to be fire related. Moving to OT. Bart I never look at what you say-the picture distracts me. Keep posting. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted July 28, 2010 Share Posted July 28, 2010 Feck it's a DOUBLE state of emergency. It's like a double dip, but the Americans have always got to do it bigger and better than anyone else. Quote Link to comment Share on other sites More sharing options...
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