California is the next Greece

Sunday, January 9, 2011
By Paul Martin

Jerry Brown Unveils His Brutal Plan To Save California

Joe Weisenthal
BusinessInsider.com
Jan. 9, 2011

On Monday, California’s new Governor Jerry Brown will unveil his ambitious and brutal austerity plan to save California from the brink of disaster.

The Sacramento Bee (via Calculated Risk) has a great rundown of what to expect, which is basically: Cuts to almost everything.

On the chopping block are parks (eliminate the low-attended ones), libraries (cut state funding for ALL local ones), welfare (impose harsher limits on eligibility, and eliminate child care for 11 and 12-year olds), cut benefits to the elderly, blind, etc.

It goes on.

The Rest…HERE

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