[Grampa Dave]

The state has to go into this condition, and then Wall Street hopefully will take over the budget process.

Then, we will have a real budget with real cuts. Also, that will be the beginning of the end of Davis's as a Rat political leader.

[Sacajaweau]

California will HAVE to stand up or FALL. They voted for Davis and he laughed all the way to his throne.

[Carry_Okie]

Maybe if the bankers take over we'll finally get to hear where the money really goes. Of course, there will also be lucrative loans involved with heavy finance charges. Those sharks are not our friends.

[John Jorsett]

The state has to go into this condition, and then Wall Street hopefully will take over the budget process.

I'm hoping that DOESN'T happen. Bankers don't know squat about decent fiscal policy. Every time the IMF 'reforms' an economy (typically by raising taxes), it gets demonstrably worse. I say let the state declare bankruptcy, which will give the receiver an opening to renegotiate the horrific labor agreements (and maybe even those long-term energy contracts) that Davis got us into.