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Jul 1, 2009 | Posted by: Iria

California Prepares to Issue IOUs

Full story: snafu-ed.blogspot.com

With voting steadfastly along party lines, right up until 3 minutes before midnight on June 30th, California failed to pass a budget on Tuesday night. This means, unless there is some sort of miraculous breakthrough, California Treasurer John Chiang will begin issues IOUs Thursday.

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Joined: Nov 19, 2008

Comments: 9676

Tulsa, OK

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#1
Jul 1, 2009
 

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June 30, 2009
More Americans See Democratic Party as “Too Liberal”
More believe Democratic Party’s, rather than Republican Party’s, views are about right
by Jeffrey M. Jones
PRINCETON, NJ -- A Gallup Poll finds a statistically significant increase since last year in the percentage of Americans who describe the Democratic Party's views as being "too liberal," from 39% to 46%. This is the largest percentage saying so since November 1994, after the party's losses in that year's midterm elections.
well..........duh

Joined: Apr 19, 2007

Comments: 34496

Memphis, TN

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#2
Jul 1, 2009
 

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Le Jimbo wrote:
June 30, 2009
More Americans See Democratic Party as “Too Liberal”
More believe Democratic Party’s, rather than Republican Party’s, views are about right
by Jeffrey M. Jones
PRINCETON, NJ -- A Gallup Poll finds a statistically significant increase since last year in the percentage of Americans who describe the Democratic Party's views as being "too liberal," from 39% to 46%. This is the largest percentage saying so since November 1994, after the party's losses in that year's midterm elections.
well..........duh
Yes indeed.

The left wing is destroying themselves once again as UnEmployment continues to grow, Economy is in the tank, and we prepare for N Korea's Missile firing as these idiots talk about "Climate Change"!

Time to purge all of the Rats again
crazy ox3thong

Hamler, OH

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#3
Jul 1, 2009
 

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AmerryCa4nia :-0
NeverNeverLand
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#4
Jul 1, 2009
 

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The Old saying: As goes California, there goes the Nation.

Joined: Apr 19, 2007

Comments: 34496

Memphis, TN

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#5
Jul 1, 2009
 

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ADP Estimates U.S. Companies Cut Payrolls by 473,000 (Update2)

By Courtney Schlisserman

July 1 (Bloomberg)-- Companies in the U.S. cut more jobs than forecast in June, according to a private report today, showing the labor market will be slow to improve even as other parts of the economy indicate the recession is abating.

The 473,000 drop in the ADP Employer Services gauge followed a revised reduction of 485,000 workers in May that was smaller than previously estimated.

Job losses may mount as the bankruptcies of General Motors Corp. and Chrysler LLC ripple through manufacturing.

“This is a weak number,” Joel Prakken, chairman of Macroeconomic Advisers LLC, said on a conference call with reporters.“It’s a pretty clear indication that, while we’re not shedding jobs as rapidly as the first part of the year, the labor market is still in a state of decline.”

Economists forecast the ADP report would show a decline of 395,000 jobs, according to the median of 29 estimates in a Bloomberg News survey. Projections ranged from decreases of 280,000 to 532,000.

A Labor Department report tomorrow may show employers cut 363,000 workers from payrolls in June and unemployment rose to a 26-year high of 9.6 percent.

The ADP report showed a loss of 250,000 workers in goods- producing industries including manufacturers and construction companies. Employment in manufacturing dropped by 146,000. Service providers cut 223,000 workers.

Companies employing more than 499 people reduced their workforces by 91,000 jobs. Medium-sized businesses, with 50 to 499 workers, cut 205,000 jobs and small companies decreased payrolls by 177.000.

“We are still months away from a trough in employment and the resumption of net employment gains is going to have to wait until early 2010,” said Prakken.“Given that economic gains will be modest in coming quarters, I would see employment declining several more months.”

http://www.bloomberg.com/apps/news...

Thanks Obama!
crazy ox3thong

Hamler, OH

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#6
Jul 1, 2009
 

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NeverNeverLand wrote:
The Old saying: As goes California, there goes the Nation.
The Old saying? The Age talKing ?:-0
GEC

San Diego, CA

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#7
Jul 1, 2009
 

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The laughing liberal wrote:
ADP Estimates U.S. Companies Cut Payrolls by 473,000 (Update2)
By Courtney Schlisserman
July 1 (Bloomberg)-- Companies in the U.S. cut more jobs than forecast in June, according to a private report today, showing the labor market will be slow to improve even as other parts of the economy indicate the recession is abating.
The 473,000 drop in the ADP Employer Services gauge followed a revised reduction of 485,000 workers in May that was smaller than previously estimated.
Job losses may mount as the bankruptcies of General Motors Corp. and Chrysler LLC ripple through manufacturing.
“This is a weak number,” Joel Prakken, chairman of Macroeconomic Advisers LLC, said on a conference call with reporters.“It’s a pretty clear indication that, while we’re not shedding jobs as rapidly as the first part of the year, the labor market is still in a state of decline.”
Economists forecast the ADP report would show a decline of 395,000 jobs, according to the median of 29 estimates in a Bloomberg News survey. Projections ranged from decreases of 280,000 to 532,000.
A Labor Department report tomorrow may show employers cut 363,000 workers from payrolls in June and unemployment rose to a 26-year high of 9.6 percent.
The ADP report showed a loss of 250,000 workers in goods- producing industries including manufacturers and construction companies. Employment in manufacturing dropped by 146,000. Service providers cut 223,000 workers.
Companies employing more than 499 people reduced their workforces by 91,000 jobs. Medium-sized businesses, with 50 to 499 workers, cut 205,000 jobs and small companies decreased payrolls by 177.000.
“We are still months away from a trough in employment and the resumption of net employment gains is going to have to wait until early 2010,” said Prakken.“Given that economic gains will be modest in coming quarters, I would see employment declining several more months.”
http://www.bloomberg.com/apps/news...
Thanks Obama!
Not sure what side you are on... Are you criticizing Obama because the numbers are not improving? Not a bad position... But your monikor of the "Laughing Liberal" is confusing me...
Lance Winslow

Fremont, CA

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#8
Jul 1, 2009
 

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GEC wrote:
<quoted text>
Not sure what side you are on... Are you criticizing Obama because the numbers are not improving? Not a bad position... But your monikor of the "Laughing Liberal" is confusing me...
You are not confused; he's confused. Read his posts on "California Prepares...IOUs".
NeverNeverLand
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#9
Jul 1, 2009
 
crazy ox3thong wrote:
<quoted text>
The Old saying? The Age talKing ?:-0
Yeah, baby...with age comes experience. Watch to movie as it unfolds.

Joined: Jun 29, 2009

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Bayville, NY

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Jul 1, 2009
 

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Ahnold has done the same thing to Kaliforny that Pataki did to NY.

NEVER... EVER .. elect a Rethuglican to anything -EVER !!!!!!!
david

Visalia, CA

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#11
Jul 1, 2009
 

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Bunch of screwed up democrat legislators put our state in this pinch, along with Arnold. I say vote them all out in 2010 and put some business people in charge who understand "budget". We voted no new taxes, they want to add taxes. Boneheads

Joined: Mar 14, 2009

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Kansas City, MO

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Jul 1, 2009
 

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So the right is going to blame Obama for California's mismatching over the last decade?

Oh wait, Cali must currently have a Repub Governor. That's it.
Seeking truth

Dearborn, MI

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#13
Jul 1, 2009
 

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Schwarzenegger is a girlie girl, not a leader.

http://serenitythruhaiku.files.wordpress.com/...

“Participant S.E Asia War Games”

Joined: Dec 20, 2007

Comments: 688

Arden

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#14
Jul 1, 2009
 

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boxer and pelosi need to step up and loan the so called great state of kalifornia some cash.

this doesn't present a positive image for such a liberal anything goes state with such wonderful caring politicans representing the people there.
djazz

Warwick, RI

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Jul 1, 2009
 

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ynotpw wrote:
boxer and pelosi need to step up and loan the so called great state of kalifornia some cash.
this doesn't present a positive image for such a liberal anything goes state with such wonderful caring politicans representing the people there.
They bail out the banks and the car companies but not a state.

Joined: Jul 1, 2009

Comments: 249

Mooresville, NC

ISP: San Diego, CA

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#17
Jul 1, 2009
 

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ynotpw wrote:
boxer and pelosi need to step up and loan the so called great state of kalifornia some cash.
this doesn't present a positive image for such a liberal anything goes state with such wonderful caring politicans representing the people there.
The people of California have gotten themselves into this mess. Why should somebody not responsible for it bail them out? It would just encourage other states to make poor decisions.

Joined: Apr 19, 2007

Comments: 34496

Memphis, TN

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GEC wrote:
<quoted text>
Not sure what side you are on... Are you criticizing Obama because the numbers are not improving? Not a bad position... But your monikor of the "Laughing Liberal" is confusing me...
Yes, He promised US no higher than 8% Unemployment Rate if they passed his Trillion Dollar Stimulus bill which was passed after a 3 day vacation & pelosi bolting for Rome.

Obama lied. Pelosi is incompetent. Our gov is a wreck and it's taking us all down with another Trillion in National Debt in record time.

What's in a name?

Joined: Jul 1, 2009

Comments: 249

Mooresville, NC

ISP: San Diego, CA

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djazz wrote:
<quoted text>They bail out the banks and the car companies but not a state.
They shouldn't have bailed out the banks and car companies.

Joined: Aug 3, 2008

Comments: 4240

usa

ISP: Jackson, MS

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Hannibal Barca wrote:
So the right is going to blame Obama for California's mismatching over the last decade?
Oh wait, Cali must currently have a Repub Governor. That's it.
what???
where did ANYONE say california's debacle is obama's fault???

and, wait ... california's state house is EXCEDINGLY far left liberal democrat. THAT'S IT!

but, don't let fact's get in the way of your posts
crazy ox3thong

Hamler, OH

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Jul 1, 2009
 

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Leaning Libertarian wrote:
<quoted text>
They shouldn't have bailed out the banks and car companies.
http://en.wikipedia.org/wiki/File:Gordon_Moor...

mooooore law 0 U ?:-0
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