Is this really true. You have a citation
These public employee unions will bring all of the States down eventually.
Game on. Deny them taxes and let it all collapse and be sorted out via bankruptcy. My wishes are irrelevant. Only bankruptcy can bring some rationality to this situation.
Yes it is true. Go look it up.
The citation is a speech made by the Gubernator himself earlier this summer. I do not have an exact reference at the tips of my fingers, but Arnold is the source for that stat.
I agree that bankruptcy is going to be the only answer, not only for the States but for a lot of localities as well. There won’t be any State bailouts coming, and that is a good thing because it’s going to force the changes we absolutely have to make in all levels of Government.