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Re: CA to run out of cash by early March...

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 01 Feb 12 4:20 AM | 42 view(s)
Boardmark this board | De's Test Board 		Msg. 38537 of 45651
(This msg. is a reply to 38536 by Decomposed)
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Wish I knew what I was looking for on their CAFR Comprehensive Annual Financial Report. I hear they have plenty of money. They, like all states set a budget, when they bust that, they cry I'm broke. If they were to tap into their hidden stash, things would be fine, From what I hear,,,,,,

http://www.sco.ca.gov/ard_state_cafr.html

Walter explains this scam LOL..................

http://cafr1.com/

Here is Callies story,,,,,,,,,,,,,,,,,

http://cafr1.com/Bankrupt.html




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
CA to run out of cash by early March...
By: Decomposed in ROUND
Wed, 01 Feb 12 12:39 AM 		Msg. 38536 of 45651

January 31, 2012

Controller: State to run out of cash in March without action

blogs.sacbee.com


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, according to a letter state Controller John Chiang sent to state lawmakers today.

The announcement is surprising since lawmakers previously believed the state had enough cash to last through the fiscal year that ends in June.

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Full story: http://blogs.sacbee.com/capitolalertlatest/2012/01/controller-state-to-run-out-of-cash-in-march-without-action.html

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