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18 Aug 2010 20:47

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U.S.: Furlough funday: 150,000 state workers in California are screwed

  • They’re caught in the middle of California’s never-ending budget fight. After a lengthy court battle as part of the seemingly-yearly budget deadlock that comes up in California, the California Supreme Court allowed governor Arnold Schwarzenegger to force a three-day-a-month furlough on state government employees. By the way, Schwarzenegger and the legislature have yet to decide on how to solve the state’s $19.1 billion budget deficit. Nice to see the people in the middle get screwed. source
Posted by Ernie Smith • 0 Comments • Permalink

17 Aug 2009 20:16

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U.S.: Chicago had Furlough Funday today. They saved; you complained.

  • $8.3 million was saved by annoying people for one day source
Posted by Ernie Smith • 1 Comment • Permalink

22 Apr 2009 22:33

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Biz, Politics: Expect GM’s decision to screw over all sorts of industries

  • There could be failures in lots of different industries as a result of this. One lost job at GM can result in up to 10 lost jobs elsewhere.
  • Mark Zandi • Chief economist at Moody’s Economy.com, on the potential mushroom effect this GM taking a break business could have on the freaking economy. We recommend that those 10 lost jobs elsewhere stock up on the Peanut Butter Crunch, because there’s gonna be a run on it because of all the middle aged men watching cartoons on a Tuesday afternoon. • source
Posted by Ernie Smith • 0 Comments • Permalink

22 Apr 2009 22:22

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Biz, U.S.: GM: What’s a good way to clear car inventory? Stop making cars.

  • 15 car plants will shut down for nine weeks later this summer. Wow, that just sucks. o_O
  • 72% of pay will go to furloughed union employees with sudden unwanted vacations source
Posted by Ernie Smith • 0 Comments • Permalink

06 Feb 2009 16:56

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U.S.: “Furlough Friday” in California: It’s like vacation, only it sucks

  • 238,000 workers were forced to take the day two Fridays a month by Governator Arnold Schwarzenegger; it’s planned to last at least 17 months
  • $1.2 billion amount Schwarzenegger hopes to save through the plan, which terminates about 9% of government workers’ pay source
Posted by Ernie Smith • 1 Comment • Permalink
 
 
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