That's right - an army of bankruptcy attorneys is coming to California on July 1 for the biggest bankruptcy ever! That assumes that the state's politicians don't get their act together and there are few signs that is happening.(townhall.com/columnists/CarolPlattLiebau/2009/0/29/politicians_bankrupted_california,_not_prop_13)
This is where the rest of the U.S. is headed because California has been a laboratory for all the trendiest liberal ideas for the last 25+ years and this is the result. The same ideas are being passed by the Democratic Congress at the national level and we can look forward to the same train wreck, probably sooner rather than later. Think it can't happen? California says it can.
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