Wednesday, December 3, 2008

The Terminator has declared Fiscal Emergency

My favorite action hero and actor “The Terminator” Governor Arnold Schwarzenegger declared a fiscal emergency Monday and called lawmakers into a special session to address California's $11.2 billion deficit. Do you think that increasing Tax will solve the problem in California? This will only increase the burden in the population and discourage businesses in the short term. The Expected Deficit is $28 Billion. I wonder how much is the deficit in the other States? Is the money printing press is out of Ink yet?? Papa Chuck

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