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I agree that California is an economic nightmare. Folks shouldn't be too smug about it. Oregon and Washington are only a few very short steps away from the same economic cliff. Doesn't anyone wonder why the politicians in California (OR & WA, too) continue to spend far more than they can afford? They know they can pay the bills with IOU's payable by the US government through a "Too-Big-To-Fail" Bailout. We are all going to get stuck with the tab.
Try to imagine how much one of your "worthless cousins" would run up on a credit card if it had an unlimited balance and the bill was guaranteed by your bank account....
Try to imagine how much one of your "worthless cousins" would run up on a credit card if it had an unlimited balance and the bill was guaranteed by your bank account....