15 May 2008

and next week they'll be borrowing against frozen orange juice futures

The centerpiece of Schwarzenegger's budget is a novel plan to ask voters for permission to borrow $15 billion from Wall Street against future earnings of the state lottery, and to temporarily raise the state portion of sales taxes -- now 6.25% -- by 1 percentage point if voters reject the proposal in November.

"As the deficit grew these past few months, I knew that we could not solve this crisis by cuts alone," the governor said in presenting his proposals. "We had to get creative."

Yeah, I guess you could call that creative.

I prefer the Governor when he's being a bit more honest.


I guess you could say this is the "Original Pime". I stopped blogging here regularly in May 2008 (if you don't count the B-Sides diversion - yes it gets confusing) when I joined the Tumblr revolution. Going forward bravely into 2009, this site will serve to house any large image work I produce.

Peace out.


My Other Blogs

  © Free Blogger Templates Photoblog III by Ourblogtemplates.com 2008

Back to TOP