Posted on 03/20/2012 5:23:51 AM PDT by DFG
Michael Lewiss new book, Boomerang, is about the parts of the globe that were downgraded by the credit crisis, and my hometown of Vallejo, California, concludes his world tour like a telegraph from the end of days. From Lewiss book, I learned that I grew up in what is now the third world. Which city do you pity most? Lewis asks two mayoral aides in San Jose, capital of Silicon Valley. Vallejo! they laugh.
snip
Mare Island built the worlds first aircraft carrier deck for $500 and the first cruise-missile submarine for considerably more. It held the record for fastest ship construction during the First World War. Mare Island decommissioned the Nautilus, the first nuclear-powered submarine, and refurbished the Seawolf, another nuclear sub, after it was nearly sunk while trying to tap underwater communications cables in Soviet territorial waters. I learned about the Seawolfs secret mission from Blind Mans Bluff, a gripping read detailing many of the yards Cold War exploits.
(Excerpt) Read more at dissentmagazine.org ...
The author does not mention the role of the communists on the Vallejo City Council for the current state of the city.
Is that because the author, like Michael Lewis, is a Communist?
There's your problem.
Wrong question.
Correct question should be, "Which state will go bankrupt first, California or Illinois {Michigan was in the running but now has new political leadership which may be able to save them}.
The California I knew and really loved starting in the 70s when I worked for many start up computer and software companies, is long gone.
Free enterprise and few restrictions caused such great success and overnight wealth that the politicians thought it would last forever and they could just keep raising taxes and promising goodies.
In the words of jeremiah wright, "California's chickens have come home, to roost".
My solution would be too brutal to post.
Interesting that they didn't mention Stockton.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.