The Bankrupterator signs pay-cut order for state employees

California governor and centi-millionaire Arnold Schwarzenegger signed a draconian order today slashing the pay of tens of thousands of state employees to $6.65 an hour (until a budget is passed, then they get retroactive pay)

Gosh, I’m sure my friend who works for a state agency in a professional capacity should have no problem paying the mortgage on $6.65 an hour and that his mortgage company will certainly be understanding… Multiply that by 200,000, the number of employees getting the pay-cut, and you can see the financial devastation this will create for people who have nothing to do with passing a budget.

The state controller says he will refuse to implement the order because it would invite lawsuits from unions and hurt workers so lots of legal fireworks certainly will be forthcoming.