California unloads on eBay (Opens in a new window)
To help close the gap in the budget, California is selling their surplus on eBay instead of just auctioning it like most states. To try to get more money out of these repos and impounds, the governor is autographing many of the items. All a great idea, in my humble opinion.
What I find really hilarious on one level and mind boggling on another are the comments being made at the bottom of the article. There are many, many people saying that the problems with California are the fault of the liberals in charge, etc etc. Uhh, hate to break it to you, Schwarzenegger is a Republican. The whole problem with California’s economy is two-fold, and neither problem can be placed at any one party’s feet.
First, they were spending much more than they were making for years. You can’t do that.
Second, many in California are being hard hit with the problems with the housing bubble and the economy tanking.
So in essence, California was spending as much as if not more than they really had coming in, and then they suddenly had less coming in. Oops. Seems to me, that’s the problem many people are having too.
On a personal note, I’m sorry I haven’t been posting much. It’s been a very busy summer. My oldest made it off to boot camp, and I’ve gotten one (form) letter back from him already. I’m sure I’ll hear from him again soon… this time in his own words 🙂