Parasite Says California Greater Threat than Greece

March 1, 2010 (LPAC)—Jamie Dimon, the parasite who heads the JP Morgan Chase looting apparatus, told his underlings at their recent annual meeting that "investors" should be more worried about the risk of default of the state of California than of Greece's current debt woes. "There could be a contagion" if a state the size of California has problems making debt payments, he said, reports the Feb. 26 London Telegraph.

Displaying his keen sense of finance, Dimon said that his and other U.S. financial institutions are largely immune to the European debt crisis. California poses more of a risk, he said, because of its $20 billion budget deficit—which Nazi Schwarzenegger is trying to reduce by coming up with more ways to kill greater numbers of the state's population.

Last week, John Chiang, the state's controller, said that if a workable plan to reduce the deficit and increase cash levels is not reached soon, he will have to return to issuing IOUs. Last summer, California issued $3 billion in IOUs to creditors, including residents owed tax refunds. "I can't write checks without money; that's against the law. My main goal is to keep the state afloat, but I won't be able to do it without the help of new legislation," said Chiang.