[snopercod]

And for desert: California, Meet Indonesia [power crisis], posted on 3/15/2001:

California is demonstrating a third lesson, too. If you can borrow on your own credit, you can do whatever you want no matter how stupid folks in Washington think you are.

To buy electricity because generators won't sell to its utilities, California's state government plans to borrow $10 billion this year on Wall Street. That's roughly what the International Monetary Fund has lent Indonesia in the past three years, but Indonesia had to promise energy-price increases to get the money.

[lafayette76]

We can just let the Socialists keep running California, and in a few years, its newly-acquired Third World status will qualify it for all those wonderful IMF and World Bank deals!