From: Lance (state economic study)
Date: 29 Jul 2003
Time: 03:56:02
Remote Name: 66.82.49.190
And you thought it could not get any worse? California under Gray Davis's leadership loses it's credit rating and is now considered at the same level as Junk Bonds. Ouch. Read a review in the Business Jornal. http://www.bizjournals.com/sanjose/stories/2003/07/21/daily67.html?f=et79 . If things get any worse it will not be recoverable. It's all Gray these days, the buck has stopped there. This is the most pathetic showing in the history of the United States. California is in the worst financial situation and in more debt than any other state in the history of our nation. And people in some places wonder what all the fuss is about in California? It is in the worst financial shape of any state in the history of our country since it was founded. Can you believe that Gray Davis allowed this?
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