California Economy - Downward Facing Dog

http://1mjl.com/economics/529 This article on the wrong direction of education in California is very typical of what me might be reading for the next 20 years as California attempts to turn around the socioeconomic patterns that have led to the very parasite/host relationship it has with the residents of California. By population, one of the most favorite states in the nation, California embarked on a trip roughly 65 years ago, taking it into oncoming traffic in terms of laws and entitlements that could crush California from within. Jerry Brown, the Govenor of California has a large job to do, possibly without the proper skillset to achieve what need to be done. Much like Europe, who is being taken down financially, country by country, California is being taken apart as a whole (hole) regarding debt. Meredith Whitney, the wall street advisor talked about this in 2010 (http://www.cnbc.com/id/39404684). Comparing California to Michigan, and the pressure it might ultimately burden the rest of the US with. Michael Lebb