California Achieves Maximum Irony With Financial Literacy Month

State legislature: Do as we say, not as we do

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    NEWSLETTERS

    California may be a financial disaster, but the legislature wants to make sure you work on your financial literacy.

    Or as journalist Teri Sforza put it: "Irony alert! Irony alert!"

    Assemblymen Ted Lieu and Roger Niello authored Assembly Concurrent Resolution 147 to "declare April 2010 as Financial Aid and Literacy Month to raise public awareness about the need for increased financial literacy."

    "The California Legislature giving us advice on financial literacy? That is not only a SQUIRREL, that's just plain NUTS!" according to California Squirrel, a watchdog website that targets distracted politicians.
     
    California currently has an estimated budget deficit of $20 billion.