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Re: [RT] Re: [TimeandCycles] The Great Bear has just begun



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I agree that governor is showing responsibility to the public
however
it still means that the municipal gov may default on tax free bonds, and  public transport, and other essential  items may be  efected
Ben
----- Original Message -----
Sent: Saturday, August 02, 2008 5:12 PM
Subject: Re: [RT] Re: [TimeandCycles] The Great Bear has just begun

I take it as good news that California is showing a little fiscal responsibility and tring to cut expenses as they face lower tax revenues.  Had they done nothing and begun to face defaults then *that* would be *bad* news indeed. 
 
Bob

 
On 8/2/08, Ben <profitok@xxxxxxxxxxnet> wrote:
everything is REALLY bad
all employees of california state recieved a letter telling them not to come to work monday
and, if they do
they only get min wage!!!
mkt should come hard down with this news
----- Original Message -----


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