California Will Default On Its Debt, Says Chris Whalen (Bankrupted)

[Zendout1]

Calif Gov't = Retarded Liberals

[72Yonatan]

California teacher pension is funded by employee contributions and not by state taxes. The payments are not dependent upon tax revenues, and are not in trouble. But all pensioners on fixed incomes suffer from devaluation of the dollar.

[xRen1984]

I left CA 4 years ago. Moved to Houston, TX. Cheap land. Bought a nice house BUT THERE IS NOTHING TO DO OR LOOK AT. In order to get to the cool parts of town, you go through hell. The summer is the offseason. You stay in doors and become slaves to the power companies and A/C industry. I MOVE BACK HOME, TO SAN DIEGO. We’ll save our Silver and stop spending money on dumb shit. but i digress.. We need to focus on the big issue here! THE FED. Cmon everyone! Even the Tejanos.. “DOWN WITH THE FED!”

[xRen1984]

CA we need to GO BACK TO BASICS. We're sitting on the land that feeds most of the Okies in lower 48. Weed is already legal here. Lets start growing Hemp. It can be a huge cash crop and our next major export. Along with hemp, we'll keep our food growing, while the rest of the selfish states pay MORE for our food, we’ll just call it gas money. “YOU TAKE YOU CAR TO WORK, I’LL TAKE MY BOARD..”

[snfrncisco]

banksters. go to jail.

[espada9]

@snfrncisco: The banks are not to blame for California's financial troubles, the Marxist thieves in Sacramento and public unions are to blame.

California is a case study in what happens when progressives have control over state government.

From 5th largest economy to 8th

From #1 in education to #48

From the best business climate state to dead last

[chi8cago]

they shouldn't give up that right either. Fightwall street and save the country. Jail the real criminals. Stop oppressing the people. Viva Egypt!

[drumsmetalheavy11]

This Chris Whalen is one sharp cookie. If he says california will default, then i'd give it a 99.9% chance that he's right.

[tracycolorado]

The Liberal Socialist way , spend All of everyone elses money . Kalifornia deserves what it gets , give it back to Mexico or maybe GOD will put it out of its misery , and let it slide into the ocean , UNLESS China lights it up First