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Old 10-04-2012, 07:19   #17
Dennis in MA
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Join Date: Aug 2001
Location: Taunton, MA
Posts: 52,541
Doubtful that they'd ever bail it out. If they haven't thrown a lifeline to CA yet, they won't throw any lifelines. There is PLENTY a state can do to avoid problems. RI, amongst others, has made radical changes to it's pension system to stay afloat.

There are certain things Uncle won't do. Bail out a state is one of them.
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