[andy58-in-nh]

While the fiscal fate of the two liberal-dominated basket cases on either American coast is fine fodder for humorous commentary (and there are few better than Mark Steyn to provide the levity), I am growing increasingly concerned about the consequences.

What do you suppose the fallout might be if California and New York (and perhaps Massachusetts and others) essentially declared bankruptcy and applied to the Federal government for a "bailout"? If you are not so unfortunate as to live in one of these terminally-mismanaged states, you may wind up even more unfortunate in being asked to pay for their folly and profligacy in the form of higher taxes and interest rates.

Like Mr. Stein, I live in New Hampshire, and in no way do I intend to pay to clean up California's mess. Federalism still means something (I think), and I would hope the residents of most states would feel the same way. Now, that would be a tax revolt to remember.

[tgusa]

I think if 0, Reid, Pelosi, Frank et. al. want to create an anti-tax revolution, this is an excellent way to go about it.