[Grampa Dave]

John first the Indian casino owners found out that Davis is an Indian giver, and now this Here's another sign of just how desperate the state's financial position has become: Gov. Gray Davis is proposing to help close the state's budget gap by selling $1.5 billion worth of pension obligation bonds and using the proceeds to make its annual contribution to the giant retirement plans for state employees and teachers.

Aren't there any left wing voting groups besides the prison guards who are sacred to Herr Davis. After he gets their money and their votes, he abuses them.

[John Jorsett]

After he gets their money and their votes, he abuses them.

I don't think this amounts to abusing state employees, because the state is obligated to fund their pensions no matter what else happens. It's more like taxpayer abuse, since we're the ones who would be on the hook to pay off these bonds long after he leaves office. Just like his saddling us with these horrendous electricity costs for many years to come.

[Dog Gone]

Davis could solve this budget crisis in 15 minutes. All he has to do is get the legislature to take 34 billion dollars out of the pension fund and write an IOU.

Ta Da!

I should run as a Rat politician in California.