MSM: One in five California public workers to be fired as Arnold Schwarzenegger cuts deep

The state of California was yesterday set to fire 20,000 public employees as it teetered on the brink of a total financial collapse. Continue reading

Astonishing Incongruities – Is It Time to Bail Out of the US? – Paul Craig Roberts

California State Controller John Chiang announced on January 26 that California’s bills exceed its tax revenues and credit line and that the state is going to print its own money known as IOUs. The template is already designed. Continue reading