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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (24585)	1/13/2010 7:50:26 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

"When is CA going to go broke. They were supposed to go under last year. Now what?" Can't answer that. Don't know. All I know is that their sovereign debt was just downgraded today by one of the big bond rating firms (to "A minus" if memory serves....) What I expect though is that --- if something literally CANNOT CONTINUE AS IT IS WITHOUT CHANGE --- (as, I believe is the state of California and it's politics today), then it won't. I fully expect to see BIG POLITICAL CHANGES in CA over the next two years, based upon the results from the elections this Fall and the referrenda. (NOTE: I believe that there are plenty of other States that are in just as big, if not even bigger, financial trouble now then CA is. At least, when measured per capita.)