I don't even know why they got a bail out. JP Morgan, Chase, Bank of America, Wellsfargo Mae/Mac, and so on don't accept IOU checks that the governments have been issuing.
Why is the state giving IOU instead of paychecks? It's because of the budget deficit in Calif. which is around 54-56 billion the reps. can't seem to come to an agreement on how to budget it. Dems. wants more taxes on sales, gas, car registration, and increase tax on the rich. Reps. wants more cut which means more lay offs in city jobs, education, and so forth. So Gov. Schwarzenegger is in a pickle now.
My sister is a city worker and she's been issue an IOU check for her pay. The banks took them for a couple of times but then stopped. She has no choice but to sell them to investors who is willing to buy it from her. Which means for every dollar on it she get a fraction of it.
Everything sucks right now.
On the lighter side of the note. I have a job interview for Parks and Recreation III on July 23rd at 2pm.
YES, it's a City Job. It's a part time job with no benefits and probably no paycheck :D
But hey, it's my first interview since April. :(
Why is the state giving IOU instead of paychecks? It's because of the budget deficit in Calif. which is around 54-56 billion the reps. can't seem to come to an agreement on how to budget it. Dems. wants more taxes on sales, gas, car registration, and increase tax on the rich. Reps. wants more cut which means more lay offs in city jobs, education, and so forth. So Gov. Schwarzenegger is in a pickle now.
My sister is a city worker and she's been issue an IOU check for her pay. The banks took them for a couple of times but then stopped. She has no choice but to sell them to investors who is willing to buy it from her. Which means for every dollar on it she get a fraction of it.
Everything sucks right now.
On the lighter side of the note. I have a job interview for Parks and Recreation III on July 23rd at 2pm.
YES, it's a City Job. It's a part time job with no benefits and probably no paycheck :D
But hey, it's my first interview since April. :(
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