11.10.9...IT NOW BEGINS....UNPRECEDENTED!!!!!!!
November 09, 2009
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"We stand on the brink of a financial challenge of unprecedented magnitude in the history of this state,” Mr. Paterson told lawmakers as he warned that New York was rapidly running out of cash ...
While the state faces a deficit of more than $3 billion for the remaining four and a half months of this fiscal year, the greater worry among state officials are the unprecedented deficits the state faces in 2011 and 2012, after federal stimulus financing and a temporary tax increase on the wealthy expire.
“We’re going to fall off a cliff unless we get our revenues and our expenditures in true sync,” said Lt. Gov. Richard Ravitch ...
http://www.nytimes.com/2009/11/10/nyregion/10paterson.html?_r=1
YOU CAN'T ESCAPE FROM NEW YORK....THE GOVERNMENT ZOMBULATOR IS EVERYWHERE!!!!!!!
You will start to see words like "unprecedented magnitude" or "fall off a cliff".....you can only run a $2 Trillion dollar deficit for so long when your revenues are evaporating.....