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PRESS RELEASE


Guvernator Schwarzenegger to Declare "Fiscal Emergency" in California

Dec. 27, 2007 (EIRNS)—Guvernator Arnold Schwarzenegger of California intends to announce a "fiscal emergency" on Jan. 10, 2008, just after his Jan. 8 State of the State address, where he will make privatization of infrastructure a central feature of his administration. Arnie's commitment to this policy has been steered by his fascist controllers, Felix Rohatyn and George Schultz.

Not only have Shultz and Rohatyn led the privatization of infrastructure and government services drive—going back to their role in installing Chile's fascist dictator Augusto Pinochet in 1973—but they've also pushed the "Revolution in the Military Affairs," which has stripped down the U.S. military, to replace it with Roman Legion-type mercenaries. Remember—back in March, 2006, Rohatyn angrily told LPAC organizers that "We are not going to do what FDR did," at a press conference of the Commission on Public infrastructure, which he co-chairs.

No, it's austerity and misery for fascist Rohatyn. Now Schwarzenegger is proposing that he be allowed to broadly use Performance Based Infrastructure (PBI), which also goes under the name of public-private partnerships. Schwarzenegger will ask the state legislature to rubber-stamp his arrogation of powers to "expand the types of projects, services and government entities that can enter into PBI arrangements," that is, little will be left of government functions still under the control and direction of elected officials.

Further, Schwarzenegger's plan emphasizes, according to the Sacramento Scope, that it will feature "lower upfront or all-in-costs," a euphemism for ham-fisted slashing. In fact, Mussolini-in-the-wings Schwarzenegger faces a severe budget crisis in California. On Dec. 21, he announced that he would declare a "fiscal emergency" on Jan. 10, and that his administration is preparing "deep cuts" in the state budget. Suddenly, Arnie dropped his usual optimistic persona, as he told reporters that the situation is "very bleak."

With the estimated budget deficit now at $14.5 billion for fiscal year 2008-09, and a shortfall for the remainder of 2007-08 now at over $3.3 billion, department heads of all state agencies are putting together a plan which starts with at least 10% across-the-board cuts. Those areas bracing for the worst cuts include education, health care, social services, and the penal system.