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Economic Collapse – China is Buying California by Schwarzenneger

Frank Lake 
Subject: Schwarzenegger is Selling California to China
Fri  Oct 1, 2010 

www.morningliberty.com

 http://weeklyworldnews.com/politics/23083/china-to-buy-california/

CHINA TO BUY CALIFORNIA?

Posted on Friday, October 1st, 2010
By Frank Lake
SACRAMENTO– "Governor Arnold Schwarzenegger met with Chinese leaders today.  They want to buy California.
 
Californiais going bankrupt and according to Governor Arnold Schwarzenegger there is not turning back.  “We tried everything.  We have no money. We must come up with creative solutions to save the state,” the Governor told reporters.
 
Californiais a complete and total economic disaster area.  The state government of California is projected to have a budget deficit of at least 19 billion dollars this year, and next year the budget gap is projected to grow to 37 billion dollars.  To put that in perspective, the entire budget for the government of California is only about $125 billion per year.  Already, California’s credit rating is the lowest of all 50 states, and going lower.
“It’s over,” said State Senator Warren Pool of San Jose.
 
How is California going to get the cash it needs to survive?
 
China.
At the invitation of Governor Schwarzenegger, Chinese leaders flew to Sacramento to work out a deal to purchase California.  “The deal is that we will still be part of the United States, but China will take over the state government.  They will make all the economic and political decisions within the state, but they will still yield to the federal government on national issues.”
 
“It’s a states rights issue,” said constitutional scholar, Chris Rigaux of Stanford Law School.  “California has the right to manage its own finances without the U.S. government getting in the way.  The state is bankrupt and if China wants to own a piece – or all – of California and lawmakers want to sell the state to them, that’s constitutionally allowed.”
 
Several California lawmakers strongly disagree with the decision.  “This is an outrage!”,  said Linda Sunstein, a Republican state senator from San Diego. “California will become under the control of the Chinese.  We will be a communist state!”
 
“Look, China already owns a good chunk of the United States, they practically own the whole country,” said Governor Schwarzenegger told reporters.  “The Chinese seem to know how to run a government.”
 
Governor Schwarzenegger hopes to complete the deal before the November elections.  Republican Meg Whitman is in a battle with Democratic stalwart Jerry Brown.  “If we close the deal, like I hope we do, we won’t need to have those elections.  The Chinese will just appoint a leader to head the Ministry of California.”
 
Rumors that Governor Arnold Schwarzenegger is receiving a $10 billion cash payment from the Chinese, in exchange for his “brokering” of the deal are completely false.   But they may be true.
 
Chinaalready plans on changing the California state emblem from the Bear to the Panda."
 
 
 

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5 Responses for “Economic Collapse – China is Buying California by Schwarzenneger”

  1. rich mckone says:

    The Governor could eliminate about half of the deficit if he could just resist the incredible influence of the correctional employee unions. Just moving parole to the counties would save over $400 million in annual prison operating costs and $2.8 billion in prison construction costs. Moving technical parole violators and “wobblers” (offenders who can serve their short sentences either in prison or jail) to contract facilities would save about $580 million in annual operating costs and billions in construction costs. It is not complicated. Anyone with a computer and 15 minutes to spare can easily verify these facts by reviewing the Department of Corrections and Rehabilitation annual budget and population reports and Bureau of Justice Statistics annual prison and parole bulletins.

    • RJ says:

      Many people should not be in our prisons, in the first place.

      What property was damaged? Who is the injured party?

      Let Our People Go!

  2. Homer Goodall Jr says:

    Get your guns, gold, silver, and food ready. If you hadn’t gotten these things take a word of advice. Buy dried beans and put them in fruit jars. Put them in a dry place. Put flour in fruit jars as well. Stock up slowly for at least a month of food. Do have cash as well especially pennies because many of them are made out of copper. Buy ammo for your hunting rifles and store it. Do know someone that can manufacture gunpowder with calcium nitrate which can be converted to potassium nitrate by the following formula. three parts potassium hydroxide to one patr calcium nitrate.

  3. Minnie Danese says:

    Great blog! Sorry to change the subject, but, since Nashville is a big up and coming city, I’m looking for a great Nashville sushi restaurant or Japanese restaurant. Have you read any recent buzz? There’s a new one called Nomzilla Sushi Et Cetera, but I’ve only seen a few reviews. Here’s the address of this new Nashville Sushi Restaurant , 1201 Villa Place, Suite 101 Nashville, TN 37212 – (615) 268-1424. Thoughts? Thanks!

  4. RJ says:

    Many of these Illuminati, CFR politicians need to be sent back home.

    Some of these politicians, that have been stealing from America and destroying our Liberty, will be doing time in prison.

    The end is coming for some of these clowns.

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