Kasz216 on 04 July 2011
I think it wouldn't work... only because they'd never be able to agree to how much of California's crushing debt they'd have to keep.
Interestingly Texas has the right to split into 5 states at anytime they want.
By the title I thought it was about ejecting California from the USA, so when they fail it'd be more isolated like Ireland, instead of something like Greece.
People think the current defaults a problems? Just wait till the 8th largest economy in the world defaults (California.)
They can't figure out what to cut, and the few things they do cut are the last things you'd want to... and they can't really raise taxes since buisnesses are leaving 5 or so a week as it is... even some democrats are saying no new taxes.
