California doesn't need to go bankrupt - it just needs a break up, into four individual states....

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jozap Comments (20)
 
Too big to fail.

the American Motto of 2009.

They could draw and quarter Arnold?????
21 May 2009, 04:39 PM Reply Like

jeandit75 Comments (420)
 
Keep buying the market! May be you'll see the green shoots before 2020!
21 May 2009, 04:44 PM Reply Like

Market Sniper Comments (668)
 
Too funny. Since 1849 there has been a proposal to break it in half at the middle, then into 3 states (upper, middle and lower California?), then into 2 states (coastal and interior) and now 4 states. Here is one better. lets just break up the whole country into just counties. Eliminate state government altogether since the federal government has usurped all real state power. After all, the government that governs most local governs best, so they say. However, do not see much evidence of that here in Los Angeles!
21 May 2009, 04:45 PM Reply Like

E Thomas St. Comments (139)
 
Like everything in California, the issue is water rights.
21 May 2009, 04:45 PM Reply Like

User 357705 Comments (564)
 
Why stop with splitting up California? US needs to split up into nine separate countries with no more than 40 million in each subsequent country.
21 May 2009, 05:04 PM Reply Like

Lilguy Comments (309)
 
...and, like MBIA or the PPIP, we can put all the bad debt in one of those four mini-states, say, Death Valley.
21 May 2009, 05:07 PM Reply Like

Poor Texan Comments (3489)
 
Splitting into four states is a poular topic here in Texas. But can we afford all those new senators and their staffs? Maybe the California problem will be solved by the big one and the oceanfront property in Arizona:-) Seriously, how did California get into such a fix with a balanced budget requirement; or don't they have one.
21 May 2009, 05:23 PM Reply Like

History Buff 24/7 Comments (415)
 
California had checks and balances, much like the federal government. That hasn't stopped the state government from spending money like drunken sailors. (my apologies to the sailors)

The US has a constitution. That hasn't stopped the federal government from spending money like drunken sailors.

Ignoring the state and federal constitutions has been allowed because, for the most part, elected officials and unelected bureaucrats DON'T GO TO JAIL when they break the law and ignore the constitution. There are NO consequences. That's the real problem. No consequences, no constitution, no real law.

Can you say, Banana Republic?
21 May 2009, 05:30 PM Reply Like

Market Sniper Comments (668)
 
Exactly, History Buff!! Add to that the fact that the state is firmly in the control of government worker labor unions. Their underlings in the Supreme Soviet up in Sacramento do their bidding as a matter of course as their masters are the largest campaign contributors. Perhaps a state bankruptcy will be required to break their grip on the state and maybe their backs as well. Since when do people whose every DIME of income comes from the taxpayers have the right to unionization? The Dutch have taken this to the most absurd length. The Dutch Army is unionized!
21 May 2009, 07:40 PM Reply Like

Market Sniper Comments (668)
 
Hey, Jorb!! Stop posting that drivel! Are you and Cetin related? maybe the same guy? Same web site.
22 May 2009, 01:30 AM Reply Like

Whippet Comments (498)
 
Does this mean we get to clone Boxer and Feinstein? Imagine 8 instead of 2 of these lunatic senators- just what the country needs.

History Buff- "Polly want a cracker? Squawk!" Try a couple of these criminals for HIGH TREASON and hang them from a tree- you'd be amazed what can change. Anyone who has taken an oath to defend the Constitution in the last few decades with few exceptions is fair game for a real trial.
22 May 2009, 09:07 AM Reply Like

History Buff 24/7 Comments (415)
 
Don't forget Nancy "I wasn't informed of any waterboarding" Pelosi!

Well, technically she's a representative not a senator. Big difference. Still an elected dufus.


On May 22 09:07 AM Whippet wrote:

> Does this mean we get to clone Boxer and Feinstein? Imagine 8 instead
> of 2 of these lunatic senators- just what the country needs.
>
> History Buff- "Polly want a cracker? Squawk!" Try a couple of these
> criminals for HIGH TREASON and hang them from a tree- you'd be amazed
> what can change. Anyone who has taken an oath to defend the Constitution
> in the last few decades with few exceptions is fair game for a real
> trial.
22 May 2009, 10:20 AM Reply Like

jwarreni Comments (5)
 
Water rights is the issue, Southern Calif. gets it's water from the Colorado River, Owens Valley and Northern Calif. If they create new states what happens to those water rights LA cannot survive without it, plus the whole Sacramento Delta is about to collapse which the lawmakers of Calif. have managed to ignore, who would manage that.
23 May 2009, 10:25 AM Reply Like