US economy may take another hit; California faces bankruptcy questions.

Amid mounting concerns that the debt crisis in Greece could end up impacting the United States, some are saying bigger economic risks actually lie within the country. Californias Governor Schwarzenegger is facing mounting debt and has been forced into major budget cuts.

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News & Politics

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• anastasia churkina
• dina gusovsky
• california
• arnold schwarzenegger
• greece
• economy
• goldman sachs
• eu
• rt russia today
• rt america

[MaryWaterton]

You watch. Eventually Obama & the democrats will bail out California, adding their debt to the national debt. The other 49 states will cry foul, and their debt will be added to the national debt also. Anti-Christ Obama is leading the USA straight into a dollar crisis. You will know the end is near when you see Goldman-Sachs shorting the US Government Bond market.

[whyeatedpies]

trump isn't really wealthy. he is mainly glamour. a couple of million won't do shit for california.

[lorainedecaro]

I like the video. Good job!

[missionarymayn]

Let's not forget the size and sheer MAGNITUDE of the cost of government funded "education" (what a joke)

1. Abolish government funded education.

2. Buy only American products.

3. Re-boot American factories

4. Eliminate zoning laws = low-cost housing

GET YOUR JOB BACK!

[wanshei]

One thing they dont talk about in California is the size and sheer MAGNITUDE of the cost of the prison system. Thats like a sacred cow to not be touched. The Calif Dept of Corrections sucks up an annual 14.4 BILLION dollars to house 187,000 inmates. Do the math. Shit i could live pretty damn good on $78,000 a year. And they refuse to let non-violent drug offenders out of prison. Which makes up a whopping 20% of the prison population.

[jamessawy]

IF THE US GOES BANKRUPT THE REST OF THE WORLD WONT, THE WORLD WILL KILL OFF THE 300 AND SO MILLION PEOPLE OF THE US AND GO ON WITH THEE LIVES, AMERICA BROUGHT THIS TO THIEMSELFS , THEY HAVE BEEN AT WAR FOREVER , GOODBYE AMERICA YOU DESERVE TO FALL.

[PeacefulByDesign]

@makeme708 When you say God are you referring to the Bilderberg group?

[MetalBassjunkie420]

@yellowdotz California has been paying for dezens of other states? Where's your evidence?

[MetalBassjunkie420]

@MaryWaterton Why don't you blame Bush for the economic collapse? It's not that I like Obama, but it's obvious that our current economic situation was the result of Bush's 8 years of being president.

[yellowdotz]

@MaryWaterton For the past 20 years California has been paying for dozens of other states. Did you hear Californian's bicker about it? NO! We've carried the burden of non producing states, and that has been the norm. When we're in trouble are there any other states to help us? None. Did we ask for your help? No. California should just be an independent country.

[makeme708]

@Damili1127 If the USA goes bankrupt, then so does the rest of the world.

[makeme708]

@MaryWaterton Are you retarded, the antichrist is satan, learn to read your bible more carefully, also a truly saved man would never speak of the leader of their nation as you've just done in your comment, GOD put Obama in office, so when you speak badly about your leader, you speak badly about GOD because HE put the leaders in office for whatever purpose HE has for them.