"CALIFORNIA IS BANKRUPT. RUINED." No, bankruptcy is not legally possible. However, CA is in a fiscal crises caused by SACRAMENTO REPUBLICANS.

Another of our angry friends who has been CONfused by the hired gun word thugs on AM talk radio and FOX News repeated what he had heard from those paid word thugs, namely that California was bankrupt. This comment was made after the North County article with the inflammatory and misleading headline about our fine VTA president and her courageous stand against de-funding FACT based California public education.
http://www.nctimes.com/news/local/vista/article_f05347f3-864d-5a8a-98aa-17390b9fd476.html?mode=story

After the article was this comment by a CONfused blogger calling himself Person X:

Person X at 12:00am incorrectly wrote, "California is bankrupt. Ruined."

Neither is true. Even the Weekly Standard, a rag that publishes only anti-union, anti-worker, billionaire bully paid for articles admits (and laments) that no American state can go bankrupt in the following article.
www.weeklystandard.com/.../give-states-way-go-bankrupt_518378.html

However, California is in a fiscal crises caused by SACRAMENTO REPUBLICANS who mis-used the two thirds California Constitutional requirement to refuse to even allow a vote on simple no brainers like a Sarah Palin tax on oil extraction in our state.

We are the third largest oil producing state in America. Oil companies in California pay ZERO dollars back to the state for taking OUR OIL and selling it for HUGE PROFITS.
www.nytimes.com/2011/02/01/business/01oil.html
www.huffingtonpost.com/2011/.../chevron-latest-oil-company-big-profits_n_855404.html

The bill that Sarah Palin signed into law in Alaska, if passed here, would provide billions of dollars to fix our funding crises in California without DOOMSDAY cuts to our neighbors who happen to be poor, elderly, sick, or school children.

For more common sense fixes to our problem California's REVENUE crises go here: http://caltaxreform.org/?p=211

Here is also a video by Megan Fox called "Hot for Teachers" that details billions in cuts already made to our California schools under our former governor, Arnold Schwarzenegger:
http://www.funnyordie.com/videos/7d5ec0278e/megan-fox-is-hot-for-teachers