I might agree for allowing a federal bailout if:
1. Complete federal takeover of the state, its essentially reduced back to territorial status,
2. Complete audit of state holdings & methods of revenue generation. A plan for a path to solvency is implemented and put in place to act for 4 years. No internal state/territory legislature can change it!
3. Current state government invalidated to include all contracts, labor agreemens & state government positions,
4. State/territory can not return to full state status until solvency is reached. Option of breaking up the state into smaller more “financially” governable units if no other methods to reach solvency.
All completely likely unconstitutional. Maybe something like could be implemented within Constitutional boundaries.
I agree but I don’t see it being prohibited in the Constitution if the state agrees and I would only make new states out of the red counties, keep the blue hell holes as territories until they have been reformed.
“All completely likely unconstitutional. Maybe something like could be implemented within Constitutional boundaries.”
Dust off the 1867-68 Reconstruction Act. It was legally implemented and enforced.