At the Huffington Post, Michael Likosky and Josh Ishimatsu make no bones about exactly what they want: a Federal bailout for the formerly-golden state. They even came up with ten whole reasons, one of which even uses the phrase “moral hazard.”
I do not think that phrase means what they think it means.








Holy god, it’s more like a David Leterman Top Ten list.
#3, With Joe Biden overseeing the Cali bailout, what could go wrong? (I kid you not, for those who haven’t clicked over yet.)
I agree, let’s bail out California. At the same time we’ll revoke statehood and turn it all back into a federal territory. Once everything is settled out and everyone who needs to be fired is (cannon is optional) we can make 5-6 new states out of the territory and bring them back in. That way we’ll re-enfranchise those whose votes are drowned out in the noise from the coast, and we’ll be able to find the idiots by which of the new states get driven into the ground. That’s where we put the bombing ranges.
“At the same time we’ll revoke statehood and turn it all back into a federal territory.”
That sounds like a splendid idea. I sure hope you are not being facetious. California is a total mess. And its citizens deserve to pay the price for their outright selfishness and arrogant silliness. California has literally cost the rest of the country billions of dollars! They have endorsed every extremist environmental proposal. What’s even worse, these same people move out of California and often severely damage their new home state. I hope we can split up the state into five new states. The Californians have got to be marginalized for their own sake—and ours. The same also holds true for those residing in New York.
Somewhere around south of Bakersfield to Mexico would be South California. Or, Tijuana Norte. Gotta break San Francisco off from everything; North California?.
Bakersfield north would become the State of Jefferson. Thosse in the south don’t want to be bothered with all of those natural resources anyway (well, except for the water).
So it is written, so it shall be done.
Well since no one else has pick up on the Princess Diaries theme that Stephen has eluded to i guess I’ll go ahead and say it…
That list is…
wait for it…
wait for it…
Inconceivable!
How about we turn over California to China in repayment of our debt. It’ll have two benefits:
1. It’ll greatly reduce the US national debt.
2. California voters will finally get the communist government they have been longing for.
West Cuba.
East Korea? Upper Hades?
Just spitballing, here.
#6…
3. It will raise test scores nationwide.
Careful about giving Califonia away. San Diego has that wonderful US Navy base and the Mojave dessert is home to the National Training Center/Ft Irwin where the Army learns how to beat the bad guys. That is where we learned how to do Dessert Storm and the initial invasion portion of Iraqi Freedom with so few causalities, and where we now learn to deal with insurgencies. And oh yes, the US Marines got that big training area too…
Still we could give S.F. away as a poison pill to China….
Rifle 308
(Operation Iraqi Freedom II and III)
I recently suggested giving California away only after picking it clean of all worthwhile assets. There are certainly places where any of those assets could be hosted among the remaining 56 — er, 49.
rifle308, good point. Let’s keep the important spots the same way we kept Guantanamo Bay.
I just can’t believe any sane adult with (what used to be) a good high school level of education could write that list. The severe cognitive dissonance gave me a terrible headache. One fave: hey, the $25 BILLION you gave us was great, but we need more (says the 10th largest economy on the planet). Another: California has a “lean” government. Probably the biggest whopper told in a long time. Fine; if it’s all that lean, then you shouldn’t have any trouble creating a useful, balanced budget.
BTW, the enacted 2009-10 California budget is $100 billion, so they’ve already gotten a 25% boost from the feds. Alas, still not enough for the golden state.