cavelamb himself wrote:
Jim Stewart wrote:
F. George McDuffee wrote:

Oil hits 100$/bbl, gold hits 900$/oz, governmental debt at all
levels and the trade deficit continues to rapidly mount, and
California [as the first domino] is on the verge of bankruptcy.


Got a cite that California is "on the verge
of bankruptcy"?

Try the evening news..

Arnold is going to release 22,000 inmates early so he can fire
4000 guards.

Not the same.

Again, do you have a cite that "California
is on the verge of bankruptcy"?