Fiorina: California's inability to declare bankruptcy a 'technicality'

SaC bee ^ | 2/10/10 | Jack Chang

[NormsRevenge]

Republican U.S. Senate candidate Carly Fiorina said Wednesday that she knew states are prohibited by federal law from declaring bankruptcy despite her comments the day before that bankruptcy "should always be considered" as an answer to California's fiscal problems.

Fiorina also called the fact that California can't declare bankruptcy a "technicality." Her comments Tuesday, made in the city of Colton, has spurred speculation about whether she was familiar with the federal law.

The Riverside Press-Enterprise quoted Fiorina saying, ""Whether that is the right approach now, I don't know. I think bankruptcy, as a possibility, at the very least focuses the mind on what has to be done to salvage a situation."

When asked by The Bee on Wednesday whether she knew states couldn't declare bankruptcy, Fiorina answered, "Sure, I knew, but what cold comfort is that to all these California voters who may not know that technicality but who are sitting here knowing that by any common-sense definition, this state can't pay its bills.

[svcw]

I agree she is a joke.

[Swing_Thought]

Somebody else who thinks CA should declare bankruptcy.

About a 15 minute audio interview. Well worth the listen.

[JasonC]

No real way of solving it? Hardly. Fire half of state workers and slash the salaries of all of the rest. Simple.

[OldDeckHand]

"No real way of solving it? Hardly. Fire half of state workers and slash the salaries of all of the rest. Simple. "

Right. Well, that's the solution, but because of some California laws, that may not be possible without first amending the laws, and perhaps the Constitution. Some of these social programs - programs which require employees to operate them - are Constitutionally protected. That's the problem, or at least one of the problems.

[SoConPubbie]

Isn’t Carly Fiorina an avid Abortion Supporter?

[JasonC]

lol. Of course it takes law. All spending does. That's what the bleeding legislature is for.

The problem is entirely different. The legislature doesn't want to solve the problem. They created it.

[Digger]

Carly the HP destroyer is a moron. But is she a bigger moron than Boxer? I am beginning to think its a toss up.

It's close but nobody is dumber than Boxer.

[Digger]

Chuck Devore is the man for the job.

Sure is

[Hop A Long Cassidy]

>>>I had the displeasure of meeting her once in Boise. Trust me, she is an idiot...

Noooo, all those puff-pieces in the media must have been WRONG!!!
</s>

[Las Vegas Ron]

Sure is

I hope this doesn't turn out like Mc Clintock vs. Ahhnold where Mc Clintock was clearly the man for that job....I wonder where California would be now if he had won??

[bigoil]

Maybe the State of California cannot be bankrupted but all 58 counties of the Golden State most certainly can be.

Kern County is at the top of the hit list.

[USFRIENDINVICTORIA]

And, it seems to have been replaced with a viable faster growth company.

[svcw]

Yea, right. (Roll eyes)