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To: nyconse
"Surely, you don't wish for California to go bankrupt? What about the people-just plain silly. "


What about the people who are having to pay for all of this ?

Bankruptcy dosen't mean you shut down, simply that you have to cut back and cut out the frills while you figure out how to get back on your feet - Isn't that exactly what McClintock wants to do if elected according to his 3 point plan ?
582 posted on 08/13/2003 8:15:13 AM PDT by RS (nc)
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To: RS
No -bankruptcy means you renege on your debts and lose your credit rating. This would cost the California taxpayers big dollars in years to come (higher interest etc). Bankruptcy would be a disaster for California and any other state.
584 posted on 08/13/2003 8:23:43 AM PDT by nyconse
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