I pray everyday for CA to go Bankrupt- we could be back in action real fast if we dissolved the union thuggeraucraty
Bankruptcy is not a good idea for prolifigate spending states like California. It foists their irresponsibility on suppliers who gave them credit and muni bond investors who get wiped out. California’s debt slate is wiped clean with no consequences and they resume their spending to begin the cycle all over again. The voters of California never learn the consequences of their liberal votes.No bankruptcy and no bailouts.