California in Total Economic Meltdown...

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[TheCashistrash]

I am just curious why the guy who made 120K a year didn't save for rainy days. He wouldn't find himself in this situation and would be able to ride out the recession much better than most people.

[dave777blaster]

moron

American media news is the worst in the world

[MrGchiasson]

Classic example. Stagnant-shrinking economy. Overtaxed/over-regulated-pendi­ng Obama-care.. everything that keeps small businesses from taking a chance to hire.

Gov't sub-prime loan SCAM along with banks that knew loans would crash( but they made their money first)...everybody made money...except for the working taxpayer.. We were left jobless, in masive debt and no future that we could depend on. California doesn't have a clue.. business are leaving like a stampede!

[EarthRover]

Californians welcome illegal labor, so they can shut up when they lose their jobs to illegals.

[ankitnagpal1234]

I am an Indian and US employers give me $6k/month for my low-cost software and services. God bless USA !!! I do not pay tax in India because it is easy to evade tax here. I am 26, single and I live with my parents to save money. The monthly household expenditure is $700/month for 3 of us because I save every penny. I only have a cook, a part-time maid, a laundryman and a cleaner. They all cost me $100/month. rest $600/month goes to food, car etc. So, I save $5k/month on an average.

[zibbix]

california taxes and cost of living are so high that 120k spends like 50k in texas or the midwest

[PeeOnYourFudge]

Not all of america is in debt, it's only the government. States like Texas are completely safe from economic collapse due to cattle, cotton, etc. Due to this Texas has the equivalent economy of several countries at a TIME

[watup2154]

No wonder Americans are going to India to get Jobs now ---

just 15 yrs ago India was a beggar country ---

They made all their money by Robbing USA in y2k Scam

[Zendout1]

Keep voting for the Retarded Liberals

---they're getting rich

---everybody else is getting poorer

Don't ask for a bailout

the Republicans are going to make you pay for all those elections you swayed

--they have a long memory

all the Retarded Liberal states are in the same mess

and I hope you all get whats coming to you

[Halo4Lyf]

@lettherebelove1001 Please provide links that at the very least contain photographic evidence of Chinese troops in Canada and Mexico in something other than a liaison role. Meaning here in strength.

And I know a few guys at Xe. Doubtful. They'd likely never get an American PMC to do what they want. They'd have to be foreign troops, and a LOT of them, to take the shit they want. My point is they're not getting what they want without a full scale war.

[lettherebelove1001]

@Halo4Lyf I don't know if you heard about Chinese troops at the Mexican border and that other base in Canada, but I do believe that is probably a dispatch of agents to confiscate the property, saying that I think the Chinese are only doing that for show, they will probably hire blackwater or Xe as they now call themselves Mercenary's to do their dirty work.