A sign of the times?
CNN.com: "LOS ANGELES, California (CNN) -- Forty prison inmates were sent to hospitals, four of them airlifted, after a riot erupted at the California Institution for Men in Chino, a spokesman said" - I wonder if this is related to California State budget cuts?
Posted by Rob at 8:53 AM | 1 comments |
Yep, we have problems
Huffington Post: "De-leveraging the American Dream will not be easy. America's crisis is not at root a banking or financial crisis. It is a crisis of consumer democracy. We have become a diet-coke civilization. Just as we want sweetness without calories, we want consumption without savings, we want good government without taxes; and, lately, with hedge funds and derivatives, we have wanted wealth creation without real production." - Here in California we're really in trouble and most Californian's don't want to do what it takes to fix the problem. So, now we have to live with substandard schooling and large cuts to government services. We don't really notice it as much here in the San Joaquin Valley, we're used to being poor.Whoever leaves California last, please turn off the lights.
Labels: Recession
Posted by Rob at 11:29 AM | 0 comments |
Adobe closes for a week
San Jose Mercury News: "The San Jose software company, which makes editing, graphic design and Web development tools, said the shutdowns are part of a larger effort to control costs in the face of a global recession. Adobe's sales have declined for the last two quarters, although it still reported $126.1 million in profit on $704.7 million in revenue for the quarter that ended May 29." - Wowzer, that's interesting news. Apparently it's not the first one week closure this year, nor is it the last. In April Adobe closed for one week and later this year they'll do it again. At least the employees can use their vacation. Sounds all too familiar.
Posted by Rob at 6:49 AM | 0 comments |










