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August 29th, 2009:

I’ll give ya 5 bucks for that garbage truck…

Things are bad for a household when it to start divesting itself of some of its goods for cash in order to make its basic financial obligations, like mortgage payments, gas and electricity. But it does happen and sometimes all that is needed to return to solvency is a quick jolt of ready cash to get over the hump. Hell, when I was younger I had to do the same thing… I was a full-time student with a little kid and had to sell some cool paper money that I had collected. But it needed to be done and I did it.

However, it’s a bit of a different story when an entire state of 30-odd million folks has to draw down its capital to do the same. Bu that is exactly what is happening in Arnie-land. The state of California is having a massive sale of state assets in order to raise cash to pay down its debt!

Eh? Shurely you jest!

Uh-uh…

Gov. Arnold Schwarzenegger came up with the idea of the “Great California Garage Sale” after slashing the government car fleet by 15 per cent. He’s since become the garage sale’s biggest promoter, holding news conferences, discussing it in web chats and Tweeting about it to followers.

“Welcome to our garage sale,” Schwarzenegger told reporters during a warehouse tour in Sacramento Friday morning. “As you know, we’re trying to raise some extra money here, getting rid of the old stuff we don’t use anymore.”

Some items could be bought at the warehouse while others were available online on eBay and Craigslist.

The sale raised $1 million US in its first day and continues Saturday, with some items set to stay up on eBay until early September.

Gee, I knew that they were strapped for cash, but man – this is a sign of desperation! I guess that’s what you have to do when you are constitutionally forbidden to raise taxes!

No word on whether or not Arnie is telling purchasers that they…

(wait for it…)

Can’t bring it baaaack…

(995)