This is happening folks. Within two years New California will be fully in place. Organization is by county. Each county will have one Senator and two Assembly persons. There will be minimal regulation and low taxes. New California has agreed to assume obligations up to Dec. 2019 (exact date?) Note, California primary has been moved from June to March 3rd. Rumor is that was done because they don’t have the money to run the government, hence the big push for bonds in the March election. New California will not accept any responsibility for obligations issuing from March 3rd election.
This is happening folks. Within two years New California will be fully in place. Organization is by county. Each county will have one Senator and two Assembly persons. There will be minimal regulation and low taxes. New California has agreed to assume obligations up to Dec. 2019 (exact date?) Note, California primary has been moved from June to March 3rd. Rumor is that was done because they don’t have the money to run the government, hence the big push for bonds in the March election. New California will not accept any responsibility for obligations issuing from March 3rd election.
Pension Plans in California Underfunded by $326 Billion: Study
https://www.theepochtimes.com/pension-plans-in-california-underfunded-by-326-billion-study_1506936.html
California public pension fund invested in blacklisted Chinese companies: congressman
https://www.foxbusiness.com/markets/california-pension-fund-china-investments
$320 Billion Missing From California Last Year!!! Credit Down Grade Soon
Report: States Face $1 Trillion in Unfunded Liabilities