[mattduke]

$this->bbcode_second_pass_quote('', '&')quot;Without immediate solutions from the governor and legislature, we are less than 50 days away from a meltdown of state government," Chiang said in a statement.

[jasonraymondson]

$this->bbcode_second_pass_quote('mattduke', '')$this->bbcode_second_pass_quote('', '&')quot;Without immediate solutions from the governor and legislature, we are less than 50 days away from a meltdown of state government," Chiang said in a statement.

[mattduke]

What are the odds that the bay bridge boondoggle will be completed within our lifetime? Careful, that last pothole is a doozy.

http://maps.google.com/?ie=UTF8&ll=37.8 ... 8&t=h&z=15

[Plantagenet]

$this->bbcode_second_pass_quote('jasonraymondson', 'C')alifornia will be bailed out by the federal tax payer well before they crash.

[Armageddon]

Bail them out, it's only money.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('Armageddon', '[')size=200]Bail them out, it's only money.[/size]

[Plantagenet]

$this->bbcode_second_pass_quote('DoomWarrior', '')$this->bbcode_second_pass_quote('Armageddon', '[')size=200]Bail them out, it's only money.[/size]

[beamofthewave]

He wont bail them out, I read that he already said that the fed is out of money. The more money he gives to help the people the less for the banks and since we have already given the banks 30 trillion in the past two years and that isnt even a start to pay off the 1.25 quadrillion in hedge fund bets, there will be no money for our fellow citiezens in Calfornia.

[Armageddon]

The FED is never out of money. They own the printing presses.

[jbrovont]

These are strange times. When a state government fails, what happens? Michigan can't be far behind (among others) we're pretty much seeing a collapse of any sector except government jobs and university / education employment here. I wonder what's going to happen when the tax base (further) collapses?

[Tyler_JC]

Define "bailout".

The state of California has the worst credit rating in the country. A big increase in borrowing would cause a junk rating to be issued by Moody's, S&P, etc. Also known as....Financial Meltdown.

However, it is certainly possible that the Federal Government will issue a guarantee for California state bonds.

That would instantly boost California credit rating and could be considered a "bailout", in the same way that bank depositors have been "bailed out" via the big increase in the FDIC limit from $100,000 to $250,000.

[jasonraymondson]

$this->bbcode_second_pass_quote('jbrovont', 'T')hese are strange times. When a state government fails, what happens? Michigan can't be far behind (among others) we're pretty much seeing a collapse of any sector except government jobs and university / education employment here. I wonder what's going to happen when the tax base (further) collapses?

[Revi]

$this->bbcode_second_pass_quote('jasonraymondson', '')$this->bbcode_second_pass_quote('jbrovont', 'T')hese are strange times. When a state government fails, what happens? Michigan can't be far behind (among others) we're pretty much seeing a collapse of any sector except government jobs and university / education employment here. I wonder what's going to happen when the tax base (further) collapses?

[3aidlillahi]

$this->bbcode_second_pass_quote('Revi', '')$this->bbcode_second_pass_quote('jasonraymondson', '')$this->bbcode_second_pass_quote('jbrovont', 'T')hese are strange times. When a state government fails, what happens? Michigan can't be far behind (among others) we're pretty much seeing a collapse of any sector except government jobs and university / education employment here. I wonder what's going to happen when the tax base (further) collapses?

[jasonraymondson]

Why is a Muslim claiming to be a Missourian... we don't allow Muslims in Missouri

[3aidlillahi]

$this->bbcode_second_pass_quote('jasonraymondson', 'W')hy is a Muslim claiming to be a Missourian... we don't allow Muslims in Missouri

[Maddog78]

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('DoomWarrior', '')$this->bbcode_second_pass_quote('Armageddon', '[')size=200]Bail them out, it's only money.[/size]

[Sixstrings]

You know, I think I've just about had it with California -- didn't I post this same thing like four months ago? Metldown in 50 days!! Well, they didn't meltdown, they're still there and annoying as ever.

The bluffing is starting to get like North Korea, for goodness sake. Get on with it already, Cali.

[Jotapay]

$this->bbcode_second_pass_quote('3aidlillahi', '')$this->bbcode_second_pass_quote('Revi', '')$this->bbcode_second_pass_quote('jasonraymondson', 'M')issouri is still holding its head above water. We will probably have a budget surplus again this year.

[3aidlillahi]

$this->bbcode_second_pass_quote('', 'I') think Revi's making a joke. Missouri is the "Show Me" state.