What you are seeing is the reality of who runs this country. It’s not the government, who are in reality only the administrators, it’s the financier class. These ghouls have remained mostly hidden in the shadows but now they have done so much damage to the country that the cracks are clearly visible. What was previously done behind the scenes is now done in broad daylight. The TARP $700B essentially created a new branch of government with no oversight or checks&balances whatsoever. Imagine what they can do with nearly a trillion dollars!
Of course the federal government (who only does what they’re told) won’t help California. The financier class wants to see states like California go bankrupt. When this happens the public property (paid for with our tax $ and hard work) goes on the auction block and they get to buy it for pennies on the dollar. It’s always the same playbook, from Chile to the USSR and now they’re gonna do it here in the USA. They want to transfer our public property into their private hands.