RE: They will just default. Whats the problem?
I’d really like to believe that California is not my problem as I live in another state, but hey.... we have Obama as president and California is a huge blue state.
I think I know what that means to my tax dollars.
I guess I should’ve added some rhetorical facetious and sarc symbols after my statement. I was just giving what was probably behind the thinking of the financial geniuses who signed off on this.