[eclecticEel]

Our state controller (California) said yesterday that our budget situation isn’t as bad as made out to be. We will still be solvent all the way through October.

Yee-haw! That’s like a whole 3 months away, nothing to worry about here, I guess that whole $15 billion deficit wasn’t that big of a deal - I mean when you have an entire eternity-like 3 month period not to worry about it.

[goldstategop]

My guess is California will fill the gap with a combo of accounting tricks, more borrowing and increased taxes. Mark my words though - government will not shrink.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus