California’s Empty Wallet: Turning Crisis into Opportunity by Dr. Ellen Brown
Posted on June 30th, 2009 by Student Loan News
by Dr. Ellen Brown Featured WriterDandelion Saladwebofdebt.com June 30, 2009“Our wallet is empty, our bank is closed and our credit is dried up.” – Governor Arnold Schwarzenegger, June 2, 2009California State Controller John Chiang has warned that without a balanced budget in place by July 1, he will begin using IOUs to pay most of the state’s bills. On June 25, California Governor Arnold Schwarzenegger rejected a plan that would save the state $3 billion by cutting school spending, saying he wo
Filed under: Loan News