How to save California

Sup doods? Kay, check it. If I were Governor and wanted to save the state of California, this is the steps I would take to do it before Brown comes in and turns California in the hell it will become.

1. Declare insolvency.

I would stand up and just declare the whole state insolvent, meaning we declare Federal bankruptcy, dig? What effect would this have? For one, it would destroy the state economically. Tragic for most, but at the same time it instantly invalidates Union contracts, social programs, and everything that’s causing the state to lose so much money, dig? It also dissolves the Legislature. In a nutshell, it would turn the state of California into simply a United States territory. That would leave the state open to be purchased by another state like Nevada or, hopefully, Arizona.

In order to avoid this I would sit with the Unions and say kay doods, we cut spending for the Unions 15% across the board, including benefits and salaries, or I declare the state insolvent and nullify all the contracts entirely leaving every single Union worker without a source of income or benefits. What do you want to do? The same with the Legislature, right? We cut spending and social programs by 15% or the state goes bankrupt and the social programs come to an abrupt stop. What do you want to do?

2. Immediately affirm our bond holdings.

Affirming the bond holdings for the state of California would ensure that out of state investments would continue. This is basic economics. If you don’t affirm your bonds once you declare total insolvency, nobody would ever invest in the state again, right? No banks, no private investors, nobody. But check it, with the bond affirmation you ensure that the state would consider to be credited and show a positive return. That would entice investors and businesses back into the state.

The outcome would be a fiscal detonation, sure. But, check it. There would be a massive emigration of illegals. No jobs, no social programs, no damn handouts. Sux to be them. There’s 4 billion dollars in state funds saved right off the bat, which becomes credit for your affirmed bond holdings. Then, California gets reborn. The surrounding states of like Arizona, Oregon, and Nevada begin pouring investments into the state. A new legislature is voted in and hopefully, but unlikely, the new Legislature would be Conservative. If we’re bought by another state, then that state’s legislature becomes our state legislature, right?

Then maybe, just maybe, California could truly be the Golden State again, instead of being the state of TaxiMexifornia.

Pax