California isn't the only state with financial troubles.
When the livelihoods of a few thousand bankers becomes more important than the livelihoods of millions of citizens,
We're in deep trouble.
Q: What could we have spent the two to four TRILLION dollars on - instead of bailing out bankers who lost theoretical money on a high risk craps game?
A: We could have paid the country's total outstanding credit card debts (estimated by ABC News at $960 million).
And the outstanding student loans in all of America (est. $900 million).
And given Five Hundred Billion Dollars to the better managed local credit unions to buy the bundled (and bungled) toxic assets from the "experts" on Wall Street.
And given Five Hundred Billion Dollars to the states to offset their budget woes.
AND still had One Trillion Dollars to give One Million Dollars to One Million People (Creating a whole lot of new money millionaires overnight).
So in spite of these ridiculous answers -
Which way would the country be better off?