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Sunday, May 2, 2010

Read This Carefully - Outline of What is to Come to States (CA/NV/IL/FL)

From Bloomberg (http://www.bloomberg.com/apps/news?pid=20601068&sid=aJ.lqzE8caFw):
Greece accepted an unprecedented bailout from the European Union and International Monetary Fund valued at more than 100 billion euros ($133 billion) to prevent default, agreeing to budget cuts that unions called “savage.”
The measures ... include wage cuts and a three-year freeze on pensions, Finance Minister George Papaconstantinou said in Athens today. Greece’s main sales tax rate will rise to 23 percent from 21 percent.
Wage Cuts - Freeze on Pensions - Rising Taxes - Massive Budget Cuts.

Are we ready?  Will we agree or protest too?
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