California To Run Out Of Cash In One Month, Controller Warns

Zero Hedge ^ | January 31, 2012 | Tyler Durden

[Zakeet]

I have no idea how this could have possibly happened ...

[musicman]

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[biggredd1]

Governor Brown has announced that citizens of california should not fear, he just promised a chicken for everyone’s pot.

[Beowulf9]

Gee, maybe letting in all those illegals wasn’t such a good idea.

[Jim Robinson]

Idiots, Inc.

[Jim Robinson]

Here lies the Golden Goose. Killed by democrat/union greed.

[EGPWS]

"California will run out of cash by early March if the state does not take swift action to find $3.3 billion through payment delays and borrowing,

That's easy, just raise taxes for the revenue.

[twistedwrench]

Same Sh!t, Different Year

[Frank_2001]

That’s the solution! SELL CA to the CHINESE!;)

[hillarys cankles]

I hope the state does run out of cash. Run this bad boy off the cliff.

[A message]

A client of mine was starting a second business in emergency medical transport. He was regulated into oblivion before he even got it started and is no longer interested in opening that business.

I have to believe entrepreneurs look at California and say,”why bother.”

[max americana]

Fantastic. I have a front row seat in Hollywood and deserve to see my state go down like the Titanic.

[Marathoner]

I’m expecting this to hit the People’s Republic of Illinois any day now.

[Joe the Pimpernel]

Here’s to a hard landing.

[TaMoDee]

Jerry Brown is the same as the cruise ship captain.
Who Me to blame?

[kearnyirish2]

“I’m expecting this to hit the People’s Republic of Illinois any day now.”

Same here in NJ; we’re being bankrupted by people who retired 30 years ago.

[max americana]

I have a different take. Entrepreneurs I met here in L.A. are mostly Obamaturds. The only thing they care about is their lib politics. And here comes the puzzle: if they are sooooooooo smart..how come they simply cannot comprehend the level of high taxation and govt regulation?

One of the studio execs I spoke with who is a closet Palin (yes, there are plenty but hidden) fan told me they had a plan to buy a small city in S Carolina high on unemployment and turn the surrounding towns into a studio lot that doubles as a town, ergo employing the locals.

The problem was the SAG and industry unions hell-bent on not making that happen, and keep the status quo.

[Da Coyote]

“Governor Brown has announced that citizens of california should not fear, he just promised a chicken for everyone’s pot.”

Er, methinks he promised “pot for everyone’s chicken”.

[Joan Kerrey]

Many of us Californians have come to the conclusion that the situation is so hopeless and outrageous that the only possible turn-around is a complete failure of the State government.

It has to happen. Not only the governor but the union owned legislature are getting greedier and greedier practicing corruption that only Illinois, New York and New Jersey can match and look at those states.

[SamKeck]

Not to worry. Jerry has plans to raise taxes that he’s going to convince the voters to go along with in the next election. What could go wrong. /s