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alstry (36.57)

FED Induced SWAP Civil Wars Begin

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August 13, 2009 – Comments (9)

As a result of infecting our nation with too much debt, more and more are running out of money trying to service the debt.  As the stress increases, so will the tensions and lawsuits.  We are starting to see the passion in health care "reform."  Just wait until the masses find out there is no money for health care at all under the current Zombulation policies.

Soon state will be suing counties, counties will be fighing cities and citizens will be fighting states as we destroy our nation due to the Fed's Zombulation induced policies:

 

California's government is in a state of civil war. The battlegrounds: courtrooms from San Francisco to Sacramento. The fight: furloughs.

Gov. Arnold Schwarzenegger's administration spent $228,000 on furlough litigation as part of an eight-month contract that ended in June with Kronick, Moskovitz, Tiedemann & Girard, a Sacramento-based law firm.

"These legal costs wouldn't be so high if people weren't fighting the furloughs," said Lynelle Jolley, spokeswoman for Schwarzenegger's Department of Personnel Administration.

"That's ludicrous," said Yvonne Walker, president of Service Employees International Union Local 1000, which represents about 95,000 state workers. "What audacity, to blame the very people they're hurting with these furloughs."

Local 1000 has been a party in several furlough lawsuits. Its in-house lawyers have handled the litigation, so the union doesn't have a breakdown of its furlough lawsuit costs.

SEIU and several other state worker unions together and separately have launched at least a dozen furlough lawsuits in San Francisco, Alameda and Sacramento courts. All contend that Schwarzenegger's furloughs are either illegal pay cuts or are misapplied.

The current three-day furloughs reduce the pay of about 215,000 state workers by about 14 percent, so the lawsuits have millions of dollars at stake.

The governor won the first round in January when a Sacramento judge affirmed his furlough power. The unions have appealed.

On offense, the governor recently filed a lawsuit to keep the state engineers' union from seeking arbitration to settle whether furloughs breach their contract.

He also sued the state's constitutional officers – statewide-elected counterparts, such as Attorney General Jerry Brown and Lt. Gov. John Garamendi and the State Board of Equalization – for refusing to furlough about 15,000 employees total.

The governor won. The constitutional officers are appealing.

Schwarzenegger so far has won every case but one that exempted about 500 legal professionals, and – surprise – he's appealed it.

Now the State Compensation Insurance Fund and the California Public Employees' Retirement System are both rumbling about legal actions to exempt their combined 10,300 employees. Another helping of lawsuits, anyone?

The fight will drag on.

http://www.sacbee.com/topstories/story/2105159.html

My friends, the fight is just beginning as money continues to evaporate.....unless  we restructure the debt the Zombulator infected us with......

9 Comments – Post Your Own

#1) On August 13, 2009 at 7:13 PM, alstry (36.57) wrote:

GOVERNMENT WILL MOLEST CITIZENS

In defending the hikes, Mayor R.T. Rybak frequently targeted state financial chaos in his speech. He touts Minneapolis as a city of opportunity.

Minneapolis Mayor R.T. Rybak outlined a proposed 2010 budget Thursday that would increase property taxes 6.6 percent on the average home and require the city to cut spending across departments while protecting police, fire and street repair programs.

http://www.startribune.com/local/53173127.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUX

As wages get slashed and home prices crash, government will try to extract more and more as the money evaporates....until all are Zombulated and there is no money left as America tries to service an unsustainable debt level.

Remember, when government has to choose between your savings and politicians incomes....which do you think they will choose?

If we don't restructure soon, expect the civil wars to spread.

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#2) On August 13, 2009 at 7:19 PM, 100ozRound (29.51) wrote:

Speaking of furloughs,  we're moving into fire season here in SoCal.......

Who's gonna put out the fires?

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#3) On August 13, 2009 at 7:31 PM, OneLegged (< 20) wrote:

I have a vacant lot here.  The taxes on that 1/4 acre are going up 156% from 2008 to 2009.  My house is going up 30%

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#4) On August 13, 2009 at 7:33 PM, alstry (36.57) wrote:

You can only cut salaries and increase expenses for so long before everyone runs out of money.

As Mr. Celente says:

When people lose everything, they lose it.

None of this is hard to predict....How hard do you think Mr. Bernanke and his Wall Street banker buddies are laughing as Americans starts fighting between themselves.

Could this be the new banker spectator sport?  My guess is that an odds pool will develop on when riots break out.  In England, bankers were betting on how many would die in riots not too long ago...

Welcome to Zombulation Nation....please prepare and stay cool....things are heating up...INTENTIONALLY.

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#5) On August 13, 2009 at 9:20 PM, abitare (61.26) wrote:

http://www.theonion.com/content/themes/common/assets/onn_embed/embedded_player.swf?image=http%3A%2F%2Fwww.theonion.com%2Fcontent%2Ffiles%2Fimages%2FFAKE_COUP_article.jpg&videoid=97159&title=U.S.%20Government%20Stages%20Fake%20Coup%20To%20Wipe%20Out%20National%20Debt" />
U.S. Government Stages Fake Coup To Wipe Out National Debt

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#6) On August 13, 2009 at 9:51 PM, jddubya (< 20) wrote:

None of this is hard to predict....How hard do you think Mr. Bernanke and his Wall Street banker buddies are laughing as Americans starts fighting between themselves.

Could this be the new banker spectator sport?  My guess is that an odds pool will develop on when riots break out. 

 Yup, you are one twisted fella...

oh yeah, this is my first comment on this blog so far...

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#7) On August 13, 2009 at 11:35 PM, ram7017 (< 20) wrote:

What needs to happen in order to restructure the debt of the country? I would imagine some sort of bank holiday would be needed to freeze any activity while the transition occurs. This certainly would coincide with 9.09, at least according to the rumors circulating the web about the preparations for doing so as soon as this sept. This would result in unrest not seen before since the revolution.

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#8) On August 13, 2009 at 11:46 PM, alstry (36.57) wrote:

Actually, a much more orderly transaction could result.

Simply treat the American citizens the same way we treated the banks.  Allow the citizens to refinance EXISTING DEBT at 1/2%, TWICE the rate we are charging banks.  By doing so, debt could be serviced, loans that were toxic would be revived, and consumers would have a lot more taxable income driving much higher tax revenues to government lowering our deficit and more dollars to spend at merchants pushing us out of a recession creating millions of new jobs.

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#9) On August 13, 2009 at 11:54 PM, alstry (36.57) wrote:

IS ATLAS SHRUGGING?

LOS ANGELES (MarketWatch) -- Transportation officials in California's San Francisco Bay Area are urging commuters to review their plans for getting to and from work in the wake of an announcement Friday by a key light-rail union that its members will go on strike beginning Monday. If a stoppage to service on the area's BART trains is not averted, then "thousands more vehicles than usual are expected to crowd onto Bay Area streets, highways and bridges," they said in a statement.

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