California has 8 weeks left before bankruptcy
December 22, 2008
It looks like the gold rush has hit California… with a potential bankruptcy in as little as 8 weeks. When we say gold rush .. we mean bailout. As it stands now, the state is running out of money so fast that they put state employees on forced vacations without pay. California State Controller John Chiang has stated within 8 weeks he will be forced to defer billions of dollars in payments.
When their great great grandfathers migrated over there in the 1800’s .. I don’t think this is what they had expected…
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