notrealizing that it is going to bankrupt the state.
fify
They want to destroy the USA. Their annual fires net more federal money for CA to combat fires (that CA uses for everything BUT combating fires). Most of these fires are coordinated, started purposefully. The insurance companies were seeing the upward trends, a recent spike in fires and severity so they boosted rates and cancelled policies. CA's solution was to create a final backstop insurance guaranteed by the state to perpetuate the grift. California has or had something like the 6th largest economy in the world, if it were its own country. For California to go bankrupt would be a real kick in the balls for the USA, especially being another immediate mess for Trump to have to deal with, a (((DS))) wet dream move just before Inauguration. It's going to get crazy.
If Cal collapses, so much is going with it and the DS won't be able to print enough to stop it. The 6th largest economy has been proven to be a lie if you looked at the actual numbers and reality (it relies heavily/exclusively on venture capitalism and traders).
One of the narratives/implications is LA and SF work together, this is false. SF works with Sacramento and all politicians from SF have the utmost disdain for LA. All you need to do is look at how Newscum and Harris are reacting this week.
And the way voters keep voting for bonds, they genuinely don't realize they are bankrupting the state. If there's a problem, they just roll it into the next bond measure. The voters think bonds are the same as US Savings Bonds and not a horrible loan. They've been rolling bond payments into new bonds for 2 decades now.
Ironically, CA seems to have the upper hand. They can default and the implications/domino effects could be so severe the US Govt has no other choice but to backstop it before it defaults.
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