MH>RW> When California goes down the tube, she won't be a soverign state
MH>RW> anymore,
MH>RW> but the property of those who bail her out. She might even be subject
MH>RW> Texas law. Depends on which state provides the most bail out funding.

MH>Unless federal law supersedes..  Then California would be owned by China.

While they do "OWN" the Fedeal Goverment, part of their drive to
control it that they are well on the way of doing, I don't think they
are stupid enough to carry any of the California State Debt.
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 þ SLMR 2.1a þ Typo Tom strikes agaoin