California's Fiscal Crisis: The Legacy of Proposition 13
The financial crisis in California grew worse this week as State Controller John Chiang warned that if legislators and Governor Arnold Schwarzenegger fail to come up with a budget-balancing package, he would begin paying California's bills with IOUs on July 2. The last time the state did this was during the Great Depression. Full Story »
Posted by Derek Hawkins
It all boils down to the fact that the people of California made their own mess now let them stew, and as recently as the last election- they made it worse. To Bad!!