Well, we had all better keep an eye on Obama...he does seem to be trying to bring America in line with California!
I would suggest that if this spending nonsense does not stop now, we (the United States) will be California!
The re-writing of bankruptcy laws to protect the unions, taking over private industry, spending money by borrowing well into the future, the upcoming decline in our rating (with the associated higher interest rates) - all are extremely worrisome to the point of revolution.
When will the bubble burst?
Can we secede from California?
It already has, but the vast majority of the folks haven't noticed just yet.
But what's really astounding to me is the fact that so many of our own politicians are also in denial, and are unaware that their own sorry rear ends are fixing to receive a massive boot from the collective.