The answer to this question is obvious - yes, Obama will very likely bail out the State of California. Why? Well, if the public accepts that federal government has a constitutional and moral right to bail out individual states, then Obama will greatly increase his power. He will be able to subsidize any state with any amount of money. This will be a major power grab, which means Obama should love it. California will be the first step, with Michigan, New York, Washington coming next - or any other liberal shit-hole. Moreover, the states run by liberals can greatly increase spending, since they will be in no danger of going bankrupt. And then, it will be the turn of liberal media outlets to stand in line for the bailouts.
Things will get very ugly very soon. Can someone pass the popcorn?
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