California Is Going Broke Just Like Me!

Everyone thinks of Hollywood & a land of total fabulousity when you mention California. In Michigan, folks treated me like I was a celebrity just because I could afford to live in what they thought was the lap of luxury! Well, I’m not staying in a dilapidated apartment or anything. But, I am living paycheck to paycheck. You see, California is one of the most expensive states to reside in. So, I find it ironic that California is going broke just like me.Here’s more from The Huffington Post:

“California’s chief financial officer warned Monday that the state would run out of money in about two months as hopes of a Christmas budget compromise melted into political finger-pointing by the end of the day.

Republican Gov. Arnold Schwarzenegger began the day on a cheerful note, suggesting that negotiations with Democratic leaders could lead to a budget deal as early as this week to help close the $42 billion shortfall that is projected through June 2010.

“Yesterday we sat there for hours and we worked through it step by step and we made some great progress,” the governor said during a morning news conference in Los Angeles. “So we feel like if we do that two more times like that, I think we can get there … before Christmas Eve or Christmas Day.”

The thaw didn’t last long, as legislative leaders later in the day criticized Schwarzenegger and indicated their work was done until the start of the new year.”(End of Excerpt) Read the rest here:http://www.huffingtonpost.com/2008/12/23/california-broke-state-co_n_153022.html

A lot of Californians are angered by the fact that we are in this situation. And they are calling Arnold Schwarzenegger “the governor that stole Christmas” because he is making state workers take a cut in pay. When you’re living in a state with one of the highest cost of livings, any decrease in wages is almost too much to bear!

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