California’s Real Debt Is $1.3-Trillion

John and Ken speak to Marc Joffe of the California Policy Center ( in regard to these recent articles on the subject of California’s fiscal emergency: ➤ California’s Total State and Local Debt Totals $1.3 Trillion ( ➤ Can California’s Economy Withstand $1.3 Trillion of Government Debt? ( One aspect Marc Joffe mentioned would be a way to overcome this “debt” is to increase California’s population… however, we see through some recent stories… ★ California Won’t Fall Into The Sea — It’s Moving To Texas Instead ( ★ The Exodus of People Moving Away From California Is Becoming an Avalanche ( …this is not a viable option… nor will it be as long as Democrats are in charge: ✦ California Regression – Eco Craziness ( ✦ John & Ken Discuss CalPERS Ponzi Scheme ( In other words, Californians are doomed if remaining on this course.


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