Whale Facts

Things that quite possibly only interest me....

Before, You Just Had To Be Breathing
Now, banks now want 20% down for a mortgage.1

That Aint' Good
Businesses cut total wages at a 6.2% annual rate in the first quarter [of 2009]. Federal, state and local governments increased spending on wages by 6.1%, offsetting some of the decline.2

They May Be Growing But At Least They Work Hard
In New York, the Governor may use the state police to get the legislature to meet .3
In South Carolina, the Governor disappeared.4

Taxing The Rich Don't Work
In California, residents with incomes over $500,000 make up less than 2% of tax returns but generate nearly 40% of the state's personal income tax revenue. Income tax accounts for 52.9% of total revenue. The state has a $40billion budget gap.5

Notes:
1. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aiiT.sNeq2YQ
2. http://www.usatoday.com/money/economy/employment/2009-06-11-workweek_N.htm
3. http://wcbstv.com/topstories/senate.paterson.albany.2.1053517.html
4. http://www.thestate.com/local/story/836552.html
5. http://www.mercurynews.com/breakingnews/ci_12579720