I also see an imminent positive when the California house of cards comes crashing down. Takers will have to get jobs. Public pension plans will go broke so more realistic alternatives will be needed. Young people will see that hard work is a needed aspect of life. We can’t all be actors and singers. Maybe California can drill for oil offshore and on land. Does anyone know if fracking is an option for us? Unproductive public employees can learn how to transition to private industry. It will hurt for a while but then things will turn around big time. California was built in the days before welfare and government domination.
That is what I thought, that it was not sustainable and they would have to do what Greece and Spain are doing, laying off government employees and as was reported by Greece today, opening up detention camps for illegals.
But no, Governor Jerry Brown has the Cap and Trade law that has already been passed and in the process of being implemented. The law as being interpreted by Brown allows for sustainable housing and the high-speed rail. Once that money is committed, they will never be able to roll back the Cap and Trade law.