State Controller speaks on California budget crisis

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Uploaded by on Dec 23, 2008

He's the master juggler -- moving money around to keep California's books in the black. And now, the safety net under his precarious juggling act is about to disappear.

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  • People... The real problem is THE FEDERAL RESERVE.... Youtube: Zeitgeist.... Watch it... The truth may hurt, but its good to know the truth...

  • How much did Octomom cost us all?

  • This John Chung just spent $2 million in buying furnitures for his office. This is the reason why California is deep hole because of these stupid democrats who would rather spend your hard earned dollars to support their social programs that benefit illegal aliens and people who are on welfare.

  • This new budget will raise taxes on a gallon of gas by 12 cents, raise the general state sales tax by a penny, double the car tax invoked for registration, and place a 5 percent fee on people to file their state income tax. It will place an estimated $1700 a year tax increase on every household in the state over the next five years. It shouldn't pass, period.

    Google "KFI John and Ken show", read the page, listen to some of the archived shows, and educate yourself on the truth behind the budget.

  • Do the math. Bailing those who produce nothing else for the money is paying up twice as much. You pay up for the free living and you pay up more for the bail out. Adding up more to the deficit spending is to hyper-inflate faster than dying the deficit death.

    Money will flee. Entrepreneur currency account will flee first. They never did made it happen and now they never will.

  • California is stupid. They should learn from the big 3. Go to washington and ask for a bail out. That's your money after all.

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