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Wednesday, July 11, 2012

Another One Bites The Dust -- Absolutely Nothing To Do With the Bakken

First Stockton, then Mammoth Lakes, now San Bernardino -- the third California city in two weeks to declare bankruptcy. Falsified budget for 13 o 16 years.

Something tells me there is not a lot of talk about all the benefits of the bullet train to nowhere recently approved by the state.

This begs the question: is California too big to fail?

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