Nice job of breaking it down so everyone can understand it.

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Take a walk, smell the roses. Any topic is fine, save people bashing.

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Topic - California Will Default On Its Debt, says Chris Whalen - regmac 08:15:17 01/10/11 (23)

Just a bunch of politicians playing 'Chicken'... - Ivan303 08:35:04 01/10/11 (4)

Perhaps the chickens have come home to roost. - regmac 12:26:58 01/10/11 (0)

Well Ivan does this mean you are against redistribution or just when it suits you. nt - Doug 09:37:16 01/10/11 (0)

Perhaps CA should contemplate secession from the union - Mike K 09:04:58 01/10/11 (1)

ROTFLMAO! Yeah, but how many jobs are there for a guy... - Ivan303 09:12:44 01/10/11 (0)

State bankruptcy could allow a bankruptcy court to... - HiFi Guy 08:30:56 01/10/11 (16)

That is is the only way this state's legislature will deal with reality.... - darkmoebius 09:09:36 01/10/11 (10)

RE: "$500+ Billion in unfunded long term pension and benefits obligations."... - Ivan303 09:18:17 01/10/11 (9)

Ivan, break $500 Billion down into 20 yearly payments... - darkmoebius 09:22:26 01/10/11 (8)

The $500 Billion is due over the - Ivan303 09:35:11 01/10/11 (7)

"That's about an additional $1000 per year for every man, woman and child" - darkmoebius 10:35:42 01/10/11 (6)

Nice job of breaking it down so everyone can understand it. - Jack Seaton 01/10/1113:39:06 01/10/11 (0)

Every man woman and child pays taxes in some form or other... - Ivan303 11:38:34 01/10/11 (1)

So , your suggestion now is a myriad of sales taxes... - darkmoebius 12:57:19 01/10/11 (0)

Very logical reasoning, if fact too logical for outside and Ivan. nt - Doug 05:33:14 01/11/11 (0)

Yes let's see what Ivan has to say, hmmm... nt - Doug 10:51:52 01/10/11 (0)

Nice analysis and don't forget that $11B deficit per year... - Chris Garrett 10:48:54 01/10/11 (1)

I ammended my post with more info, check it out...* - darkmoebius 10:54:23 01/10/11 (0)

Or repeal Prop 13! - Ivan303 08:38:39 01/10/11 (1)

Haven't you been paying attention to judges lately? - DWPC 09:18:16 01/10/11 (0)

I hope Federal Gov't re-negotiates yours, too. nt - jdaniel@jps.net 08:37:14 01/10/11 (2)

Larry lives in one of those RED states... - Ivan303 08:40:21 01/10/11 (1)

You live in a 'red ink' state. hehehehe nt - Doug 10:57:59 01/10/11 (0)

RE: That's OK, Herr, Comrade Barrack Houssain bin O'Bummershit Will Bail Them Out !!!! - Vinylly 08:24:03 01/10/11 (0)

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Nice job of breaking it down so everyone can understand it. - Jack Seaton 01/10/1113:39:06 01/10/11 (0)

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