Re: California going down in a small handbasket to Bankruptcy
San Berdino is the third city in two weeks to Declare Bankruptcy.
This is a pretty big deal as they are a major shipping/receiving city on the perimeter of Los Angeles.
California still suffers a major budget short-fall which is complicated by the self made gutting of their porn industry and chicken farms. Further complicating their budget is the deciion to push forward with the unneeded high speed train (100 billion dollars) as well.
With more California cities on the brink and with industries getting whacked a lot (Apple, IBM, and more have a do not build in California policy right now), unemployment through the roof, a new bill inviting illegal aliens to enjoy welfare aid and protectionism from the Federal Government, a coming Cap and Trade scheme which will make gas and Diesel prices in California sky rocket....
The State of California is doomed. Nothing can save it.
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)