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To: wac3rd

“Jerry Brown will steer left and the state will go BK, my prediction.”

Is it legal for a state to bankrupt? If so, the sooner California goes BK the better. California does not owe any money to me. Screw the public employees. They have been screwing the rest of us for years.


18 posted on 11/03/2010 3:32:13 PM PDT by forgotten man (forgotten man)
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To: forgotten man
If they go bankrupt can we dissolve their statehood like the old General Motors was dissolved and a new company was formed? Make them a territory, take away their representatives to the US House and Senate, and make them reapply to become a state again preferably not until several years go by so they have an opportunity to learn from their mistakes first.
25 posted on 11/03/2010 4:02:26 PM PDT by untrained skeptic
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