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alstry (36.32)

The CUTS get wider and DEEPER

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17

July 10, 2009 – Comments (4)

OAKLAND, Calif. (AP) -- The president of the University of California is proposing to furlough tens of thousands of employees to offset deep funding cuts to the 10-campus system.

UC President Mark Yudof unveiled the furlough proposal Friday as part of his plan to address an expected 20 percent reduction in state funding.

Under his plan, most employees would see their paychecks reduced while receiving additional days off.

FURLOUGHS PLUS PAY REDUCTIONS......PREPARE FOR A 40% DECLINE IN INCOME!!!!!!!!!

Looks like new car sales are really going to pick up in the Fall with all these pay reductions....

9.09.........ALSTRYDOMOUS TIME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

4 Comments – Post Your Own

#1) On July 10, 2009 at 1:46 PM, alstry (36.32) wrote:

July 10 (Bloomberg) -- Advanta Corp., the credit-card company that stopped lending as defaults soared, plans to cut its workforce by about half after shutting off accounts for small-business customers.

(MarketWatch) -- California delayed a $4 billion payment to its Department of Education system on Friday as the state continues to struggle with a budget shortfall of more than $25 billion. The payment, known as the Principal Apportionment, is the largest annual payment of state funds to California's public education system. The money goes to schools to pay for a wide range of things including salaries. The payment was scheduled for today, which is the last payment for the 2008-09 fiscal year, but will instead be issued on July 30, State Superintendent of Public Instruction Jack O'Connell and State Controller John Chiang said Friday in a statement. California has also issued 91,000 IOUs totalling $354 million as of late Wednesday.

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#2) On July 10, 2009 at 2:34 PM, topsecret09 (43.68) wrote:

Charge every ILLEGAL ALIEN  parent that has an ANCHOR BABY In one of our Caleeeeeeefornia schools  $1000.00 per child. 2 million times $1000.00 equals 2 BILLION dollars..... that would help,would'nt It ??? 

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#3) On July 10, 2009 at 2:36 PM, alstry (36.32) wrote:

Not much....but a little.

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#4) On July 10, 2009 at 3:40 PM, carcassgrinder (46.31) wrote:

91,000 IOU's....

Let the FRAUD begin.   

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