(V):    I'm not sure what that has to do with what I've said.  All states have had their problems from time to time.  But as Vikings pointed out, the liberal policies of California have bankrupt the State.   So goes the US.  The current rate of spending under Obama cannot be sustained.  Make no mistake, Bush made plenty of mistakes with his fiscal irresponsibility.   The whole of the Republican party lost it's way.   Tax and spend will break the US economy.  California did just that.  They are an example of what NOT to do but Obama is following their lead. 

Joe Biden told a group of students that when they grow up they will get a free college education.  Really?  Free?  The colleges are going to allow students to come to their college for free?  Wow, that's sweet.  I had to pay for mine.  Now colleges are offering free tuition. 

What?  Oh, taxes are going to pay for it?  Like my taxes?  So my taxes are going to be used to pay for someone's college education and for all their health costs?  What's next?  

So it's not free then is it?  

This is how California failed.  Give give give but then take take take at the same time.  

Notice how politicans don't say "We're going to take money from those of you who work hard to earn it and give a little to everybody else regardless of their work ethic.  From the lazy to the industrious, all will qualify for "free" college and health care." 

No, they say they're going to offer free health care for everyone.  But it's not really free is it?

And they spend more than they can take in.  I don't know about you but I don't run my home that way.  Which is why I have lots of money saved in the bank and don't live beyond my ability to pay.  On a teacher's salary no less.  But the government is going to take more and more of my money to give it to others (even those who refuse to work).  

Exactly how California went bankrupt.   They can't even honor their tax refunds to those who overpaid!  They've sent out IOU's.  

Maybe I'll send an IOU to the IRS this year.  Yeah.  I'll tell them I'm doing what California did.  ;)