Beware Texas, as soon as they reach critical mass they will turn Texas into California. They're already trying to do it here in Arizona.
....”According to the story in the Los Angeles Times, one resident blasted the city’s elected leaders for allowing the financial crisis to grow unabated and wasting millions of tax dollars on transit projects and other non-essential services.”
A description that could be applied to the entire state which seems to have a special weakness for expensive transportation project like a high speed rail project that will move anyone still living in California from one bankrupt city to another.”
“The problem is the parasites are fleeing to other states and ruining the very politics that allowed their new hosts to thrive.”
I’ve said it before and I will say it again. California’s problems had their genesis with the the migration of liberals here from the East Coast. East Coast Liberals are like locusts, they eat everything in sight and then they move on. Since California is on the Pacific Ocean, they have no choice but to back track to the states that they passed over to get here in the first place. Hawaii is not an option since the Japanese Liberals have already staked their claim there. And yes, if I were Texas, I would be very worried. Just look at Austin if you have any doubts. Where did the big Silicon Valley companies put their plants, in Austin!
I left in 1997.....I saw the writing on the wall.
“I feel so sorry for California, it is one of the most beautiful states in the country and it’s dying a slow and agonizing death. The problem is the parasites are fleeing to other states and ruining the very politics that allowed their new hosts to thrive.”
So true, but I strongly believe TX will resist the temptation to Californicate itself.
The GOOD news about CA is that if we get a few more of these muni BKs, the trend will accelerate with a violence that will be jaw dropping. If you asked me a year ago when CA will hit rock bottom, I would have said (and did say) ten-plus years. As things are, I think it could happen in 1-2 years. And that’s a plus. Too late for the next election to shift how CA immutably throws its electoral votes, of course, but this lesson will be learned, that’s a guarantee.
Wait; I’ll rephrase that. The pain will be experienced, it will occur. That much I can guarantee. But I can’t guarantee any lesson will be learned.