Governor Schwarzenegger’s idea to borrow two billion dollars from CalPers has been abandoned according to a recent sac bee article. The loan would help the state of California offset its nineteen billion dollars budget shortfall. CalPers officials expressed concern over the plan, whether it was fiscally responsible and whether it was even affordable for the state […]
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John Chiang May Give IOU’s
Today, California State Controller John Chiang told the Sacramento Press Club that he may issue IOU’s in lieu of paychecks for state employees on September 1st. Will your bank or mortgage company take an iou? I don’t think mine would. This is coming at a time when there is a budget deficit of 19.1 billion […]
Judge Patrick Marlette ruled against Calif. Governor Schwarzenegger in his attempts to force State Controller John Chiang to pay state employees federal minimum wage. 200,000 employees would have earned seven dollars and twenty-five cents an hour the federal minimum wage which is less than the state minimum wage. So the average DMV employee would actually […]
A few days ago California State Controller John Chiang made a motion to get Judge Frawley disqualified from his case. Chiang was successful in that motion but Frawley was replaced by Judge Marlette. These are both judges that have ruled in favor of the Governor and against employee unions in the past and many state […]
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