The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (33014)	12/6/2010 9:29:33 PM
From: John	Read Replies (1) of 71456

Mexifornia's semi-annual collapse scare... losangeles.cbslocal.com Schwarzenegger Proposes $9.9B In Cuts excerpt: Gov. Arnold Schwarzenegger has declared a fiscal emergency and is asking lawmakers to meet in a special session to save the state $9.9 billion over the next two years. Schwarzenegger on Monday unveiled a plan that relies largely on cuts to health care and social services for the poor. About $7.4 billion of his proposal would come from cuts, include reducing cash assistance to needy families by 15.7 percent in April, then eliminating the entire welfare-to-work program in July. He is proposing to eliminate vision coverage and increasing monthly premiums for Healthy Families, a program that provides health coverage for children of low-income families. The governor also is asking the state to limit prescriptions and cap physician visits to 10 a year for Medi-Cal recipients. --- His plan doesn't appear to address the roots of the problem, as usual. This must be bullish. -ng-

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