State controller: California is running out of cash. “The controller recommends borrowing and delaying some payments in order to deal with the shortfall, which he projects will last seven weeks. Absent that kind of action, the state could face sending IOUs and delaying tax returns.” Seven weeks? What a genius. Don’t worry gang! It’s only $3.3 Billion Dollars! If only we had a picture of this genius. Oh wait…
This post was last modified on January 26, 2021


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“The controller recommends borrowing and delaying some payments..." Insanity is doing the same thing over and over and expecting a different result. And how much do they pay the controller? He is really a smart fellow: "Gee guys, we have more money going out than coming in. I'VE GOT IT! We better get more money coming in (borrowing) and less money going out (delaying)." "I'm a genius!" "Pay me more money!" "Thank you very much!"
They *can't* be running out of other people's money! It ISN'T FAIR!!!
Don't blame Chang, he's just the book-keeper. It's the twits writing checks that are the problem.
Soon there will be threats issued from Sacramento calling for the layoff of police and firemen and/or the release of prisoners. Scare the citizens into demanding more taxes.
Ashes, ashes, all fall down. If you llive in California, get out while you can.
Already happened that is why they got a lot of bailout money. It was pathetic. California prisons have five star grade spas, but they will cut the jobs of police and firemen first. Disgusting.
That scare tactic is already being used. That's how the left operates here in Kalifornicated. Fear and intimidation is the prime tool to get more of the really stupid to follow their dear leaders.
That's amazing! California still has some cash???
Oprah's got $2,700,000,000, and she makes $315,000,000 per year....so she could give it all and still be okay.
George Lucas has $4,000,000,000
Spielberg has $3,100,000,000
Soros has $11,000,000,000
The California controller should grab all those liberal Hollywood zillionaires by the ankles and shake billions of dollars in loose change from their pockets. Lucas, Spielberg, Lear, Streisand, Penn, et al., have tons of money that these Democrat fatcats don't need. Anyway, they all support the 99% so they should be eager to pay more. :)
Apparently governor Brown's Skittle shitting unicorns didn't come as promised.
Every year the donks overestimate revenue so they can spend more. The republicans say that the revenue estimate are pie in the sky. After the revenue estimates are proven to be pie in the sky it is somehow all the republicans fault.
When the revolution comes and it is coming, we should kill all the journalists before we go after the lawyers and politicians.
You need to demand juristictional taxation rules, let me explain...
1. Lets say, San Francisco decides to fund all sorts of things like massive benifits packages for city workers. They also want to provide low cost drugs to people with HIV/AIDS, & they want to help the homeless & addicts of SF. Great, they want to help. Illegals who think that being here entitles them to "free money", no problem.
2. They run out of money way faster then they thought/said it would. So they go to Sacramento & demand more state money for all of things that SF can't afford, & should'nt do, but they do it anyways. California is broke, because too many cities are doing what SF does, & the state has a giant machine it needs to maintain.
3.Then California's Congressional members go to Capital Hill & send money back home to pay for the crap they can't afford. So if you live nowhere near California, you are forced to pay for the stupid sh!t that San Francisco wants to give it's residents because it's their "right" to have them.
...if you are scoring at home, that is taxation WITHOUT representation, & it's not just San Francisco doing it, too many are doing it. It needs to be pointed out, & it needs to stop. If the people of San Francisco(or another city)want to give it away, nobody in Fargo should pay for it.
The real enemy, besides liberals and democrats, is the various State agencies tasked to fight global warming. The CARB, AQMD, CAL-EPA and many others have the green light. Meanwhile moonbeam threatens to lay off Teachers, Firemen and Policemen because of the money problems. He never threatens to lay off the regulatory agency workers or shut down their offices. Why is that???
Brown is another control freak, If you saw the latest polls his tax increase (temporary=Bullshit) is ahead and the stupid liberals in this state think it's great. What they don't realize is that these taxes affect everyone. And they will never end. We spend TEN BILLION dollars a year on health care for illegals...Get rid of that and poof, no budget crisis. WE pay some of the most extravagant welfare benefits in the nation, Cut back and poof more savings...and we wouldn't be such a magnet for every lazy tard who doesn't want to work and just wants to squirt out more kids and get more welfare and food stamps. I could go on and on for a couple pages about how screwed up the leaders of this state are, and I still want to know why we brought back Governor re-tread? Didn't he screw up the state well enough the first time? Jobs and companies are fleeing the state in record numbers, due to two simple facts OVER REGULATION and Job killing TAX rates. But all the legislators want to do is tax and spend more...When the end comes, we are gonna make Greece look like a small business bankruptcy. And the drooling hoards of liberal voters in L.A. and The Bay area vote in some of the stupidest people every to "occupy" a political office. These OWS shitbirds in places like Oakland are just imitating their liberal politicians. And your RIGHT ON about getting ride of the regulatory agencies, we have literally hundreds of "commissions" and boards and they are ALL PAID positions. Get rid of them. All they are is a job with no responsibilities for the liberals to appoint their buddies too. I am sure my tax refund will be delayed because Jerry Brown needs the money to pay for some other dumb fucking liberal program.
".....a job with no responsibilities for the liberals to appoint their buddies too" and I would like to suggest to add after responsibilities, the words "nor accountability".
CONTROL, CONTROL, CONTROL and a little take from the people who earn it (the rich) give it to the 99 percenters in Oakland (who know better what to do with it). Programs like that will be the death of us, Atlas is Shrugging
Why isn't Hollywood paying its fair share?????????? Raise all the taxes on Michael Moore!
I am so SURPRISED!!!!!!!
Why don't they tax the richest Californians (the movie "stars" and directors and producers and studios)? that is of course the answer to ALL this mess right?
Hell, Tax Nacy and company. They all want to share the wealth, Right?
KQ, you know what would happen. They would all leave the Golden State. They would be the 1st ones out. They would just pack up & move to a low tax or no tax area.
Yes and all in all they are already doing a lot of productions outside of the state and country in order to avoid these taxes. The HollyWeirdos are the most hypocritical bunch. Also as Navy stated they will mess up the other states as well.
NONONONONONONONO!!!! Texas is a no state income tax state. DO NOT SEND THEM HERE! Er have enoughh problems with the African refugees, the illegal Hispanics and the influx of Indian, Pakistani and Afghan population. We can't deal with the California nuts and flakes as well. Especially not with Pretty Ricky as Governor!
And then fuc.. er ah screw that state up.