Article

2010-03-01 Economy

California is a greater risk than Greece, warns JP Morgan chief

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Posted by Fred 2010-03-01 00:00|| || Front Page|| [4 views ] Top

#1 Read, ITS ONLY GREECE, as per the size of CA's economy vee the rest of the World.

Posted by JosephMendiola 2010-03-01 01:26|| 2010-03-01 01:26|| Front Page Top

#2 This could very well be what the Obama's 'health care' legislation is really all about.

Posted by Besoeker 2010-03-01 01:29|| 2010-03-01 01:29|| Front Page Top

#3 "We don't really foresee the European Union coming apart."

The 'experts' at the CIA didn't foresee the Soviet Union coming apart either. Notice that it fractured along nationalistic/ethnic lines regardless of the 'dreams' of transnationalists. When the time comes, those same transnationalists, who've ignored the national borders of the US adding to the very financial crisis, will appeal to 'national' unity for sacrifice. YJCMTSU

Posted by Procopius2k 2010-03-01 05:19|| 2010-03-01 05:19|| Front Page Top

#4 And don't forget who took California to insolvency...the Democratic controlled government, SEIU, Sierra Club, liberal judges who says that felons in jail must have Cadillac health coverage, trial lawyers and the CA Teacher Association. And Brown for the next Governor? Yeah, just what the doctor ordered.

Posted by HammerHead 2010-03-01 09:22|| 2010-03-01 09:22|| Front Page Top

#5 What would ultimately be nice would be either national right to work or a ban on unionization for those whose payroll is made out of tax revenue. Both are pretty unlikely, however, just as universal honesty and responsible citizenship are unlikely.

Posted by M. Murcek 2010-03-01 13:00|| 2010-03-01 13:00|| Front Page Top

#6 Everybody in state government here is convinced Oblahblah and Pelosi are going to cut a check to solve this. Only problem, is that there is not much manufacturing left, agriculture has been devastated by the water cutoff to save the fishies, and send more and more to L.A. to water lawns. SO, aside from trading money around to each other for services, there really isn't an economy left to create all those "jobs", except with other people's money via the federal spigot. So relax other 49 states, we are your new dependants, and we won't even say thanks.

Posted by NoMoreBS 2010-03-01 19:02|| 2010-03-01 19:02|| Front Page Top

#7 I wouldn't invest in either Greece or Caliphornia.

Posted by Barbara Skolaut 2010-03-01 19:11|| 2010-03-01 19:11|| Front Page Top

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