California: Too Big To Fail?

"While the deficit only affects the state, California's deepening economic malaise could make it harder for the entire nation's economy to recover.
When the state stumbles, its sheer size — 38.3 million people — creates fallout for businesses from Texas to Michigan."

This is from the AP, and I have some problems with the many innuendos of the article. The article suggests that California needs to be bailed out and that if California goes under, the rest of the US economy will as well. This simply isn't true.

While I'm not going to argue statistics and predictions in the amount of jobs that would be lost, I will say this: businesses and states alike HAVE to fail when they are being run inadequately or at a loss in order to ENSURE that the bad business/government practices don't spread like cancer into the rest of the economy/states. Let me put it this way. A couple of friends of my wife moved there a year ago(to California), and left a message to my wife saying they love it there because it's just so darn liberal. Hmm... it's interesting, isn't it? Liberal states are looking at raising taxes and fleecing the workers to give to the looters, to borrow Ayn Rands' phrases, while conservative states are typically in the black or at least much better off. Correlations? I think so.

The article goes on, '"California is the key catalyst for U.S. retail sales, and if California falls further you will see the U.S. economy suffer significantly," said retail consultant Burt P. Flickinger, managing director of Strategic Resource Group. He warned of more bankruptcies of national retail chains and brand suppliers.'

This statement is only partially true. The rest of the U.S. economy WOULD get some hammering, but once again, this IS A GOOD THING. Sound business practices would take over where restrictions and meddling with the markets have failed us, time and time and time again. SOMEBODY would step in and buy up these businesses (if the government would ALLOW them to). The only problem is that now-a-days if you are a successful business man who follows the rules and runs the business like a business and not a kindergarten class, you become a villainous heartless sleazebag trying to screw the poor. But in that same vilification, in that very same breathe, that person (probably a liberal, but who knows) would be talking about how the economy needs to be fixed because people are losing their jobs. You can't have it both ways. You need the "rich capitalist pigs" to give out jobs. Its not class warfare, its not pseudo-slavery, its the way things work. Too often common sense gets over looked in favor of bleeding heart welfare.

I went a little off track, but I think I got my point across. LET CALIFORNIA GO BANKRUPT! DON'T MAKE THE REST OF US SUFFER BECAUSE OF ONE STATES STUPIDITY! While the government passes cap and trade, universal health care, a possible third stimulus package, hell, even LIGHT BULB regulations, the businessmen that literally carry the worlds economy on their shoulders are looking at one another and wondering: Is it worth it? What exactly WOULD happen if the Atlas' shrugged? I shudder to think. I've said it before, I've agreed with Rush Limbaugh when he said it, I hope all of this fails. I hope that people get tired of the bail outs and over-regulation from both parties (often so called conservatives have passed more regulatory bills in the past than liberals have) I will be speaking at two Tea Parties, one on July 4th in Valpo and the other July 18th in LaPorte, and this is just a prelude. I encourage everyone on here to make it to at least one of these Tea Parties and tell our government to stop this irresponsible meddling.

Oh yeah, once again, the point of the post: LET CALIFORNIA GO BANKRUPT.