[snopercod]

I hate these false outrage articles from the lamestream media. For the last few years, the LA Slimes has been carrying water for Davis and consciously ignoring what everybody else in the real world knew in 2001: California was headed for technical bankruptcy.

From May, 2001 for example: CALIFORNIA'S BLACK-RUPTCY [IBD Editorial]

California’s political class is fiddling while state finances burn. The fiscal recklessness shown by California’s politicians may be unsurpassed by any state in American history.

The Times in large part made that possible.

[litany_of_lies]

Good archive catch from IBD. See my post #3.

The Times, Chronicle, Mercury-News, Bee, etc. were all asleep at the switch, and were too busy writing negative articles about Bill Simon to be bothered with boring stuff like the state going mega-broke.