California in Trouble?

Over at Forbes Magazine we have this article, "California Suggests Suicide; Texas Asks: Can I Lend You a Knife?"

This comes via Tom Smith at The Right Coast.

As to the "rent seeking" comment, in this case it refers to people seeking to make money with Green Industries by having the government over-regulate and overtax other businesses, like coal, for example.

I gave up my California residency 16 years ago, so in a way it is not important to me, except as an example of what we should be avoiding here in the Commonwealth of Massachusetts.

Regards  —  Cliff