I was going to call this post, “California Dreamin’” because what finally broke through my “not writing on Unspun™” barrier has to do with California’s pension “crisis,” which is really just one more aspect of California’s generalized budgetary crisis. But given what’s going on around the rest of the country, “Meltdown” seemed the more appropriate [...]

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Congressional leaders were recently “stunned” to learn that the United States was “literally maybe days away from a complete meltdown of our financial system.” Why stunned?

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