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To: NormsRevenge
18 months. And what happens when the banks say NO to more borrowing by deadbeat California? Oh then the fiscal fun and games will begin!

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

13 posted on 01/19/2007 1:00:34 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop

Coincidentally, that will be during an election year if things play out as written. I wonder if voters will be paying much attention?

You can only go to the well so many times.. or something like that. ;-)


15 posted on 01/19/2007 1:05:37 PM PST by NormsRevenge (Semper Fi ...... California 2007,, Where's a script re-write guy when ya need 'em?)
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To: goldstategop

Seriously, what does happen when a state goes bankrupt? How would California's bankruptcy effect the national economy?


17 posted on 01/19/2007 1:06:57 PM PST by streetpreacher (What if you're wrong?)
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To: goldstategop

if it was truly that scary, then the US itself would have crashed and burned by now.

we have a far worse debt problem on a national level


18 posted on 01/19/2007 1:07:22 PM PST by ChurtleDawg (kill em all)
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