California sun
But you're still in bed
And the California rain
Is turning red
California has no cash to fund operations, can't sell bonds, and the banks won't help. Girly Man Schwarzenegger goes crying to Paulson.
California typically borrows at this time of year for seasonal cash flow reasons. But this is no ordinary year, and the revenue that those Revenue Anticipation Notes are anticipating won't be there. Schwarzenegger is still spending like the housing bubble is coming back.
10.03.2008
Subscribe to:
Post Comments (Atom)
-
Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
-
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
Depopulation
I meet a lot of very cool 30-ish people who don’t seem to be on the path to having kids. Huge mistake. Kids are awesome. It’s the circle of...
No comments:
Post a Comment