[youtube=http://www.youtube.com/watch?v=PWzUumHhcGg] (The NYC Fireworks Display of 2007…in better times) July 4th has always been and will always be my favorite holiday. It combines my favorite things in the world: American pride, BBQ, warm and sunny weather, a day off from work and loud noises/ flashing lights. Unfortunately, this year there will be considerably less oohing…
Arnold Schwarzenegger
The Reformed Broker Saves California
So the state of California has until the end of July to stave off bankruptcy. They have a projected budget deficit of $24 billion! Governor Arnold Schwarzenegger, who ran for office with the intention of fixing the state’s fiscal woes, has presided over a 40% expansion of government spending. Oopsies! At this juncture, Cali needs…
Arnie's Choice
Here’s another bad economic joke that’s not really a joke… Governor Arnold Schwarzenegger: The economy in Kalee-Fornee-A is so bad… Audience: “How Bad Is It?” Arnold: It’s so bad that I announced last night that I had to either lay off 51,000 teachers or release 40,000 prisoners to balance the budget. From Bloomberg: California’s budget…