Is California being declared bankrupt??

13 replies

ssd · 17/02/2009 17:51

has anyone heard?

OP posts:

DaddyJ · 17/02/2009 17:52

close
they are struggling to finance their debt
read a long article about it a few days ago
but, sorry, was a German site (I think)

bran · 17/02/2009 17:54

California has been teetering on the verge of bankruptcy for quite a while, hasn't it?

Itsjustafleshwound · 17/02/2009 17:56

There was a piece written by the LA correspondent (Chris Ayres) in today's Times ..

Apparently, the Terminator has not kept the finances in check and, although it has the eighth largest economy in the world, it is amassing debts to the tune of $1.7 million an hour ...

francagoestohollywood · 17/02/2009 17:56

I think htey are planning to lay off 20.000 gov workers...

foxytocin · 17/02/2009 17:59

wow, like, didn't Arno sort everything?

somebody remind me of one of his movie lines.

francagoestohollywood · 17/02/2009 18:03

"sarah connor?"

DaddyJ · 17/02/2009 18:05

"It's just a bit of harmless fun."

No, hold on..

francagoestohollywood · 17/02/2009 18:09

I'll be back

Rindercella · 17/02/2009 18:14

hasta la vista baby

Itsjustafleshwound · 17/02/2009 18:20

soon the hunt will begin...

Pristina · 17/02/2009 20:14

Anyone know why Arnie's made such a mess of it? I'm really surprised.

DaddyJ · 18/02/2009 09:12

Yup, things are looking bad.

AtheneNoctua · 18/02/2009 10:16

I think California was well down the road to financial ruin before Arnie took office.

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