California issuing IOUs to state employees, taxpayers!

[stewartx5]

THIS IS POLITICS. Schwarzenegger is using state's working-class employees (police, fire, maintenance, social workers, etc) as pawns to force legislature to approve budget he wants. Meanwhile, employees, in already bad economy, will miss rent, loan payments, and more - all geared to previous income, not reduced income. Disregard for working class is why so many are now angry at government. Same disregard drives government to ignore impact on workers from illegal & excessive legal immigration.

[Rickdeckard2020]

Black List the banks that are refusing IOUs and take your money OUT of those

community banks and credit unions are accepting the IOUs

[Rickdeckard2020]

"Differing payment is a better solution from the stand point of WALL STREET"

thats because with IOUs the criminal banksters like GoldmanSachs that have robbed the country out of trillions(and manipulate markets and short sell their own clients) stand to loose a fortune in interests for bonds, interest on debt that YOU pay to them in taxes. IOUs cut the middleman

An Argentinian province solved its IMF/WB debt by issuing IOUs, taking banksters out of the equation

[stonecoldjason]

florida is almost just as bad. I worked with the state for 25 years, have not gotten a pay raise in the last 10 unless bush and crist was running.

I had to go out on disablity because I now have parkinson diease, which I will actually make more then if I put my 30 years in with the state and collect my pension

[wyecee]

California to the other 49 or 50 states is like one Nigerian to 50 Europeans. It seems to be only destined to failure.

[bigc028282]

watch 911 resolution trilogy

[gearzone2611]

This is what happen. When you allow your obligations and pass it to the government. Now, everything's screwed up. Not a genuine idea, isn't it.

[stonecoldjason]

It is the CON  servaitve in the state senate that will not pass the budget

[gearzone2611]

Please re-state it again. I dont get you. TY!

[stonecoldjason]

The CON servatives in the state legisture is not passing the budget so that is why they do not have no money to run on

The CON servatives spent all the money in Calif on the porp admenments everything from gay mariage to derulation of the power plants in Calif

every time the CON servatives want to spend money they do not want to raise taxes in order to pay for it or cut other programs out that they like

[gearzone2611]

Why would you allow your government to create money out from nothing? You ran out of money! To make it comeback, you print money? If people ever noticed that their money was wasted by their government. How in the world they go bankrupt? Because in the first place, it didn't affect them at all. People knew it, but what the heck 'Im busy watching MTV." Why would you raise taxes? If people can't even feed themselves and our current tough economic times? Its not about republicrats, its about people!

[stonecoldjason]

Just like your personal finance, If you are broke in debt, you do not go out and spend more money with out getting another job to bring in more money to offset the difference,

do a sales tax so that everyone in CA including the rich would have to pay

do a increase in property taxes that affects everyone including renters

then you cut expenses if a person is poor getting gov exsistance such as housing make them work for the state 15 hours a week

the rich and big business uses more resources

[gearzone2611]

That is what the government's doing to your money. They ran out of money, they borrow or tax your like a human cattle. Sales tax is an indirect tax, dont CA dont have it? If they have a State tax, then I guess sales tax is not enough. Increase on property taxation? That's immoral, why would you not allow any person to have their ownership over houses? That's what happen, when government has a problem. The best way government can fix the problem - erode their personal rights, its a takeover thing

[stonecoldjason]

part 2 - the rich and big business uses more resources then the poor and contribute less the top 100 riches persons 50 of them are corperations which are not people uses over 80% of the resources

[gearzone2611]

There's always a gap between poor and rich. Because of the screwed up system. Believe me, most corporations in America is paying too much taxes, they are over taxed. Compare that to other nations. That's why they cant even have their corporations, because of the meddling government over their properties. You cannot even move without letting them know, what you should do to your house or even your cars. Everything is privelege, but at the same time you gotta pay an enourmous amount of taxations.

[stonecoldjason]

Corperation who pay taxes have sorry tax people.

I have 4 LLCs each one I only have to pay taxes on the profits it made that it paid to me.

had one LLC that made $55,000 expenses was $32,000 I used another $8,000 to pay my heath insurance out of it so made $10,000 profit

the 2nd one a Farm that I live on part time

I use it to pay most of my monthly bills If i did not have the farm in a LLC I would have to pay these bills with after tax dollars. you can zero out your taxes legally

[gearzone2611]

That is why, its time for the people to wake up. To me, its a diabolic plot to enslave us, through federal & state taxes. If problem comes, they come to get you to pay for it or erode your private ownership and hard-earned money. It is time to resist, and kick all politicians who doesn't respect the rule of the people. If they allow every person to do business without any evil-lurking from any form of government. We woudn't have any problems. It is time to wake up, and end their diabolical plot!

[sgtmike74]

What is California legislature branch doing?!? Who creates/passes the budget?

[stonecoldjason]

It is the CON servative branch doing it not dems

[panther9mm]

if I pay with an IOU does that mean I paid on time and don't have to pay late charges?

[gearzone2611]

You see guys, Money is an illusion. This government create, well a fake money to make your confidence comeback. Sounds like pathetic right. Coz, in reality these people were controlling and accepting your supposed obligations. They believe they can handle any situations, especially your hard-earned money. Talk about a kid wanted your money and using your money as an asset for his/her own business. Sounds crazy doesn't it? But it is! This is what the State and Federal government's doing to you!

[panther9mm]

The government is by the people and for the people. They are doing what is in our best interests, not like those greedy corporate wall streeters. The problem is that the greedy people don't want to give more in taxes. If they paid what was fair, then we wouldn't be in this mess.

[gearzone2611]

...and the government cannot pay back your refund. Now he wanted your trust to accept the fake-money and indebted you to death. This is the best interest you have and government too? Sure the Constitution does say that, government must respect every person's liberty. Not that I know of. We all blame corporations & wall streets. Believe me, we will never know the problem unless you know the root of the problem. Who wanted taxations anyway, I don't. It is NOT fair if we are using FAKE MONEY, Okay?