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California fails to pass a budget; state's broke

For the first time in 17 years, though it seems like yesterday to me, The State of California will have to issue I.O.Us to those owned money.

I have a friend who's disability check comes in part from California and that portion has shrank from $225 per month to $162 per month over just the last three months and he's depressed. Governor California Gov. Arnold Schwarzenegger has called a fiscal emergency forcing the legislature to work overtime in closing the $26 billion deficit the state's facing. Will they - the Gov and the Democrats come up with something they can agree on?

Well, Gov. Schwarzenegger's got to stop trying to balance the budget on the backs of the poor with service cuts and higher sales taxes, then blaming the Democrats. What he needs to do is stop spending on this war on the people of color in the inner city.

More soon.
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