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Strategies & Market Trends : The coming US dollar crisis

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To: John who wrote (33534)12/15/2010 8:38:39 PM
From: Giordano Bruno  Read Replies (1) of 71456
 
At a forum in L.A., the incoming governor says the fiscal mess is 'much worse' than he thought; he does not say whether his plan would contain only spending cuts or include new taxes.

"We'll present a budget on Jan. 10. It will be a very tough budget, but it will be transparent," he said. "We'll lay it out as best I can. We've been living in fantasy land. It is much worse than I thought. I'm shocked."

latimes.com

California, say hello to Greece.
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