rbblum

Washington's Dilemma: This Isn't a Recession, It's a Collapse

The United States of America bail out each and every State 'in need' ? I DON'T THINK SO . . . Otherwise, why couldn't/shouldn't the Great State of Texas buy out Petrobras and Saudi Aramco? With the inability to honor the contract to buy, The US Government would have to follow precedent and put up the funds that would directly benefit the State of Texas and its citizens.

Even if the fiscally irresponsible state of california were math intollerant, that was by 'choice' and 'determination'.