By Patrick McGreevy and Michael Rothfel

Reporting from Sacramento — Gov. Arnold Schwarzenegger and lawmakers scrambled Wednesday to avert a financial meltdown, and public officials across California braced for annihilating cuts on the day after voters trounced their leaders’ rescue plan for the state.

Within two hours of returning from Washington, D.C., the governor huddled behind closed doors with Democratic and Republican legislative leaders to grapple with a projected $21.3-billion budget shortfall for
the coming fiscal year and stop state government from running out of money by July.

View Article . . .

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18 Comments

  1. WHAT STUDENTS? I am a full-time student at Los Angeles City College. There are not many “students” around here, although there are lots of illegals and there are lots of people on government hand-outs. These numbers are from one ot the Political Science professors: There are 18,000 “students” at LACC at any one time. 1,566 will get a bachelor’s degree. The sooner we cut the money supply, the better off we will be.

  2. Margaret:

    Would love to get a new round of shots. When I do, I won’t be thinking about what the men do. I would rather be me,

    🙂

    Catherine

  3. @FormerUS Marine: found this on another blog today–it’s Catherine at a 2008 lecture:

    http://video.google.com/videoplay?docid=-5455605137215634518

    Also you might want to contact Kevin Trudeau ( http://www.naturescure.com or http://www.kevinTrudeau.com ) who while being on the alex jones http://www.infowars.com program was specific about his “friends” in the Bildergerg group and their imminent plans for us all ( if you read this in time May 26th-the program is streamed 24 hours until 11am CST May 27th….).best of all luck, Richard

  4. thanks, Catherine.
    this is a great site. now, one suggestion, how about getting a new photo of yourself? one that is not looking down. the men are all looking up. time for a different look.

  5. It is a big planet. A few people cannot control without millions of people implementing that control in every enterprise, community and household. What I most focus on is the “trim flaps” of financial control and harvest throughout the financial ecosystem. If we can see how we are drained and manipulated, understand them then we can take actions that will protect ourselves and break the chains.

    You can understand that the NWO and its factions are real. You can understand that secret societies are real. And then?

  6. @Former US Marine: After some rest I want to again thank you for your passion toward uncovering the truth as you see it. I appreciate the internet as a communication device more and more. I look back at the destruction of the libraries @ Alexandria and wonder what exactly those scrolls held. Today we have a “fictional” Tom Hanks movie about the hidden/lost scrolls of Gospels ( the gospel of Mary??) and what might be in them…the prior movie suggested a locaton for the Holy Grail…or at least it suggested a ( Merrevingin )”bloodline”…Well this is not new…lots of research has been written before. As for the “secret societies”; YES, they are many, and Catherine does not voice any details except as she explained: when she has personal knowledge…I on the other hand find that I believe in a common thread…be it intergenerational families, corporate/government interlocking directorates, or other covert organizations ( you name the Vipers ) and clearly journalist Mr. Seymour Hersh has recently retracted his recorded statement that Ex-VP Cheney controlled a cadre of rogue “assassins” from his office…Catherine refers to the NSA Act of 1947, and the CIA Act of 1949 as legislation that gave these agencies unbridled access to any government budget and thus numerous “black ops” were covertly funded by many unrelated agencies ( as Catherine brings to light in her many articles…ie:drug money,prisons and HUD)…Whistleblowers are everywhere. Just ask Sybil Edmonds!!! And yes it seems that JFK was our last hope for a truly American president…I always refer to Henry Kissinger who is quoted to have said: “Power is the ultimate aphrodesiac”…There may be a parallel universe where these folks see the masses as “useless eaters” as such…and that you and I have no intrinsic value…As we write today…the precipice approaches closer as the western ( Anglo/American/Dutch) financial model may be in it’s last throws…expect lots of thrashing…The fractional reserve banking model( now on steroids!!!) of the west versus the forbidden usury model of the Moslem world will be a major obstacle IMHO to remedy or rectify…There are forces at play that we, mere citizens, might possibly discover when it is nearly too late to bring force to prevent…I favor an America where people like former AG Ramsay Clark have a say. I generally tell folks: “I love America, I just can’t seem to find it anymore”…As you go further down the rabbit hole come back and let us know your thoughts..Richard(theoldwiseman)

  7. @US Marine: thank you for your post specifically directed to me….I apologize for misconstruing your comments. IMHO after a lengthy study one can deduce a common thread permeating the many historical events we tend to call history. It may be those orgainizations you name or it may not be…I am not familiar with the Vanunu statements. Regardless, you will find throughout the web many investigative sites that will validate your assumptions. I read Catherine’s blog because her Solari organization offers a humane direction away from the core genecidal madness that the MSM and the basic established order dictates as “real”, Secondarily because I too have had a confrontation with federal authority that was unpleasant to say the least. I grew up in America where it is one’s duty to question authority. In closing since this is Memorial Day I give honor to you for your service to this country( I personally am not a veteran; although my father served 6 years in the British 8th under Field Marshall Montgomery ).warm regards, Richard( theoldwiseman)

  8. @oldwiseman

    You must re-read what I have written, since I DO NOT seek for the individual characters to be named at all; which is the exact opposite of what I desire to be revealed. Ironically, and with concern on my end, many times people such as myself are painted into opposite corners from where they actually stand by these ideological driven people who attempt to whitewash the truth with revisionist speech and outright lies about others viewpoints or concerns.

    Rather, as I stated, it is the “IDEOLOGIES” that bind these criminals together I seek to be revealed for all to see in their full racist evilness; Judaism, Zionism and International Marxism/Communism. Bush, Obama or any of these in your face actors are simply mid level puppets there to be used and abused to further these criminals hidden from public agendas. We all know this, I hope??

    As you may know, in addition to the war criminal Eisenhower (Eisenhower Death Camps)for his murder of millions of Germans after the end of war, JFK also revealed the face of this enemy in a speech on “Secret Societies and Freedom of the Press” to Americans before he was murdered by these IDEOLOGICAL thugs for possibly opposing the Dimona Nuclear Plant and attempting to remove their stranglehold over our Central Bank by issuing currency directly from the US Gov. This secret was even revealed by, Mordechai Vanunu (a champion of truth telling and one who has been jailed for many years for his actions of defiance to them) during an interview with Al Hayat’s weekly magazine Al Wassat, published on July 25, 2004 which made headlines around the world but was completely ignored in the United States controlled Mass Media charade (although exposed in the Jerusalem Post) where his comments could have caused immense political damage to Israel.

    PS. I am not just a Former Marine but a former Investment Banker-Oil Sector among many other current activities as well, as I am certain you are more than just “old”.

  9. Former US Marine:

    A discussion of who and the role of various types of groups and institutions is threaded throughout my work. I prefer to stick to stories of what I have personally experienced. I often recommend Jon Rappoport and Linda Minor’s work as people who have done a good job of describing the various cartels and intergenerational pools of capital.

    Ultimately, power comes down to who can kill with impunity. The most powerful weapons are invisible. Where I struggle is finding reliable information on space weaponry, electromagnetic weaponry, the most invisible invasive forms of surveillance, non-lethal weapons. Perhaps you could help me here.

    For example: Who financed, built and owns the spaceship in Phoenix Lights? http://www.thephoenixlights.net/

  10. Thank you Catherine, for re-iterating that man’s “name”; I read that with much interest when I learned about you through your many writings. I applaud you for this, while longing for more…. I recognize and trust that you are doing your best to change things for the better in your own hard fought/won way; for this I/we are indebted to you.

    As we might agree, money is simply a means to an end, not an end unto itself. Money represents many things; purchase power, political power, human control, etc… For people whose basic needs have been met, it is their ideological end-game we must shine the light on; otherwise, this evil game of global control will be allowed to blossom into the fuition of a most evil and racist ideology of global control.

    Thank you for your time and sorry in the end for this “tit-for-tat” but unadulterated accurate information is of supreme importance to me no matter where it may lead.

    Regards.

    PS. I am of the mindset that I would love to be proven wrong in anything I have said, if indeed I am, as I value knowledge more than just about anything else on Earth and am more than willing to admit my folly; if indeed, I gain accurate information in return.

  11. @Catherine@Former US Marine: I enter the comment section today as I find that apparently one of your viewers wants more from you than is possible…I sometimes write here about the realistic covert underpinnings that must permeate throughout the corruption when others look naively ascance…John Perkins is very active in his writings and lectures/booktours bringing to light the existence of “jackals” who have ended the careers of so many foreign land leaders; yet he doesn’t name anyone( and says that today they are active in Iraq)–he apparently had a epiphany when he realized his actions contributed to the long history of slavery and wanted out…Jesse Ventura, a former Navy Seal underwater demolition expert, speaks publically ( LKL, The View) about the potential of a WTC ( particularly #7) “controlled demolition”,and a visit he received when assuming the Minnesota governorship by the CIA…The mind set that calls for all these diverse manipulative world changing actions may or may not be derived from a single mind( or organized group of minds ) directing these actions( though one can summise that there are eugenicists and one world banking system folks who do exist )…Since WWII we personified hatred and antidemocratic principles in the guise of Hitler, Mussolini, Hirohito…it appears that the US Marine wishes to see the 52 card deck ( made famous by the Bush Administration ) where he can direct his angst and anger…I understand this need…A well trained military mind requires putting a face on the “enemy”…even if GREED alone is the core which many we would oppose glean to. So even though some of us refer to the “Bush Crime Family and Friends” as named functionaries in the cabal of like minded folks, and the “too big to fail” banking cartel as others…this warning was spoken by Ex-President “IKE” Eisenhower that we were to become aware of the “military-industrial complex” nearly 50 years ago!!! So far we have free choice, choose freedom!! as always, Richard(theoldwiseman)

  12. One of my favorite Dillon Read officers was the son of a former Dillon chairman and, thus, remarkably wise about the ways of the firm. I sought him out after a Birkelund temper tantrum and said that Birkelund was not at all like a “Brady Man” and that I was surprised at Nick’s choice. My colleague looked at me with surprise and said something to the effect of “Brady did not choose Birkelund. Birkelund is a ‘Rothschild Man’.” I then said something about Dillon being owned by the Dillon partners, so what did the Rothschild’s have to do with us? My colleague rolled his eyes and walked away as if I was an interloper out of my league among the moneyed classes — clueless as to who and what was really in charge at Dillon Read and in the world.

    From: http://www.dunwalke.com/2_Rothschild_Man.htm

  13. Thanks for your reply Catherine,

    Yes, I have read your articles thoroughly and am sorry to report that not 1 of these articles takes the reader to a higher level of knowledge regarding WHO or WHAT is behind these evil “global” actions, including 9/11, as I mentioned in my above comment. We are not talking about an isolated US Central Bank nor an isolated US Mass Propaganda Media outlet but rather a global concentrated power group/identity with an overall strategy of World Domination for racist and religious/ideological reasons. As someone familiar with the CFR, you should know that upwards of 75% of the CFR members belong to this group/creed with virtually 100% of the top life-term directors.

    Yes, you certainly provide lots of managerial level information; without identifying the group, creed or organization that is affecting/directing these crimes within America and around the world. Sure, there are certainly non-members of this group that are used as puppets whether knowingly or unknowingly in their agenda. Maybe you do not wish to identify this group or creed for business/financial purposes but these evil people certainly identify themselves by this grouping (Jews, Zionists, International Marxists/Communists). Keep in mind, we are not talking about the “Nationalism” of the Russian people but rather the Communist/Marxist/Internationalists who ruled the Soviet Union of the past and have gradually changed states over the past 50+ years from which to carry out their ideology of world domination. Most, using the gateway of Israel in order to gain unencumbered admission into America and the goodwill/innocence we once had in the world.

    An analogy for your review:

    There is a criminal gang called the Vipers that runs around the world hurting people because they have a creed/ideology that says we are Gods chosen people and right lies in “force and make-believe”. However, the police will-not/are-not allowed to identify the group by its name or identify the ideology that they believe in. Instead, the police can only arrest each member whenever they are caught doing a crime but never to link that person to the Vipers or to tell the public what the groups fundamental beliefs are. So what happens? The criminal gang is allowed to continue their crimes fore-ever under its name and to raise/brainwash new members to believe in their creed. As such, the evil ideology/group is never brought into the light, condemned or broken up.

    This would be like only arresting a KKK member when he hangs a black-man but never allowing him to be labeled a KKK member nor allowing the light to shine on the racist KKK ideology. Granted, 99% of the KKK members will never commit a crime; even though they support the organization which funds, trains, hides and encourages other members to commit the crimes that further their agenda.

    In closing, I sometimes wonder if you have personally made this leap of global awareness or if there are other reasons (financial/business) this information is not brought to light within your articles; I can only hope, that it is the former rather than the latter.

    My best to you Catherine..

  14. Catherine,

    I have heard you speak on the radio from Berkely & was amazed to hear someone rational who actually made sense. Doug good stuff & as the Brits would say, spot on old boy!
    Mr Marine thank you for your candid honesty. Read on!

    Greg you do not really believe any politician in DC is going to fix this mess? It is not economically viable for their pocketbooks. America has the best politicians money can buy!

    Catherine is there light at the end of the tunnel with this current money system? Can one position ones self into a stable safe currency without going into more gold or silver?

    Regards
    John

  15. Hi Catherine,

    I read your blog with interest; however, I am wondering why you do not point out WHO these people are that have run the FED since I have been alive, WHO owns the Central Banks around the world, WHO owns our Mass Media Propaganda Machine, WHO did 9/11 and WHO is attempting to control the thoughts and knowledge of all humans?

    They are called Jews/Zionists/Marxists/Racists/Thugs. You only live once Catherine, please live with honor, integrity and truth. For only with knowledge, may truth rule and justice prevail.

  16. Hi Catherine, When the mainstream media starts picking up on the absurdity of political double-speak, can the end be far off?? Is there a government entity left that can monitor the clearly fraudulent activities of the administrative branch of government? Looks like congress and the judicial branch are fast asleep. Too bad there aren’t a few lawyers in all three branches that might step up and call the blatant and repeated bluffs of these politicos.

    http://www.youtube.com/watch?v=1uuWVHT1WUY&eurl=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage800418%2Fpg1&feature=player_embedded

  17. When you depend upon the federal governmet to make various economic projections, one is just asking for trouble.

    The Latest in Junk Economics: Marginalist Panaceas to Today’s Structural Problems

    by Michael Hudson

    It looks like bookstores are about to be swamped this summer and fall by a forest of advice for which publishers gave respectable advances a year ago as the economy was going off the rails. Seeking to minimize the risk of cognitive dissonance, the marketing strategy seems to be to offer advice by well-placed or celebrity insiders on how to recover the kind of free lunch that American pension plans – and popular hopes for easy wealth – have long assumed to be part of the natural law of economic growth, if only it can be better managed. The fantasy that people want to buy is that the happy 1981-2007 era of debt-leveraged price gains for real estate, stocks and bonds can be brought back…

    For the time being we are being fed Wall Street defenses of the Bush-Obama (Paulson-Geithner) attempt to re-inflate the bubble by a bailout giveaway that has tripled America’s national debt in the hope of getting bank credit (that is, more debt) growing again. The problem is that debt leveraging is what caused our economic collapse. A third of U.S. real estate is now estimated to be in negative equity, with foreclosure rates still rising. So publishers have only a short time frame to sell the current spate of books before people wake up to the fact that attempts to renew the Bubble Economy will make the financial overhead heavier….

    What needs to be written about is what the marginalists leave out of account and what academic jargon calls “exogenous” considerations, which turn out to be what economics really is all about: the debt overhead; financial fraud and crime in general (one of the economy’s highest-paying sectors); military spending (a key to the U.S. balance-of-payments deficit and hence to the buildup of central bank dollar reserves throughout the world); the proliferation of unearned income and insider political dealing. These are the core phenomena that “free market” idea strippers have relegated to the “institutionalist” basement of the academic economics curriculum.

    The irresponsible cheerleaders applauding a bubble economy as “wealth creation” (to use one of Alan Greenspan’s favorite phrases) would like us, their audience, to believe that they knew that there was a problem all along, but simply could not restrain the economy’s “irrational exuberance” and “animal spirits.” The idea is to blame the victims – homeowners forced into debt to afford access to housing, pension-fund savers forced to consign their wage set-asides to money managers for the large Wall Street firms, and companies seeking to stave off corporate raiders by taking “poison pills” in the form of debts large enough to block their being taken over. One looks in vain for an honest acknowledgment of how the financial sector turned into a Mafia-style gang more akin to post-Soviet kleptocrat insiders than to Schumpeterian innovators.

    http://www.itulip.com/forums/showthread.php?p=98659#post98659

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