Combine that with employment and business killing wage legislation, they are not that for behind your beloved island.
Here comes the bailout....BOHICA.
“I’m just amazed at the ability of politicians to ‘kick the financial can down the road” time after time. I had hoped that California would go bust, and I still hope that it will, but somehow they manage to continually paper over our burgeoning debt. I just imagine the final step will be to try and confiscate the life savings of those of us who worked and saved to provide for ourselves at the ends of our lives. Even in our municipal bankruptcies where the courts have granted the involved cities the right to give “haircuts” to their public employees and their retirements, they have refused to do so. So my guess is that they will succeed in going bankrupt yet again. It’s just a bunch of bullShit!