To: guyshomenet
If California goes bankrupt and is bailed out by the federal government on terms similar to what we’ve seen with the private sector bailouts, then California is arguably no longer a sovereign state. If that happens the legitimacy of their representatives in Congress is very much in question.
10 posted on
05/17/2009 1:36:37 PM PDT by
tacticalogic
("Oh bother!" said Pooh, as he chambered his last round.)
To: tacticalogic
Too bad no way to annex it to D.C.
12 posted on
05/17/2009 1:40:12 PM PDT by
HiTech RedNeck
(Beat a better path, and the world will build a mousetrap at your door.)
To: tacticalogic
Your post triggered another thought: if the Feds bail out California, will Obama fire Arnold?
hh
17 posted on
05/17/2009 1:47:50 PM PDT by
hoosier hick
((I'm back to..) Note to RINOs: We need a choice, not an echo. (Barry Goldwater))
To: tacticalogic
Does that mean that California will revert back to being a territory?
48 posted on
05/17/2009 7:11:49 PM PDT by
gogogodzilla
(Live free or die!)
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