william the wie
Gold Member
- Nov 18, 2009
- 16,667
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Bond covenants are the most obvious area of concern as in some sources on CA debt as far back as 2008 have claimed that state buildings are collateral for many of the debts the state owes. Whether that is true in practice will be determined by the Federal courts because ownership of the state court houses will be in question. Takings clause lawsuits will also be used by:
PSUs suing over the underfunding of retirement funds.
Homeowner class action lawsuits due to fires, floods and early prison release will be in the mix too.
CA is the main malfunction of the left coast Blue Wall.
IL is the poster child of both mid-Western and national D incompetence. it has been in vendor credit default for literal decades and is the most likely place to see mass arrests of current and former state and local government officials.
On the East Coast PA and NH are convenient escape hatches from high(er) tax blue states. CT, MD, NJ and NY are suing in hopes of getting the SALT deduction cap repealed to prevent a mass exodus to PA. PA is likely to surprise on the upside in the 2020 census.
The one thing that is certain is that the Ds can not take the senate with a cloture majority this year and therefore their choices are seeing their strongholds collapse into anarchy, see special counsels appointed to investigate criminal behavior by their party or confirm Trump nominees. But there is a high probability that their left wing will elect an R cloture majority.
PSUs suing over the underfunding of retirement funds.
Homeowner class action lawsuits due to fires, floods and early prison release will be in the mix too.
CA is the main malfunction of the left coast Blue Wall.
IL is the poster child of both mid-Western and national D incompetence. it has been in vendor credit default for literal decades and is the most likely place to see mass arrests of current and former state and local government officials.
On the East Coast PA and NH are convenient escape hatches from high(er) tax blue states. CT, MD, NJ and NY are suing in hopes of getting the SALT deduction cap repealed to prevent a mass exodus to PA. PA is likely to surprise on the upside in the 2020 census.
The one thing that is certain is that the Ds can not take the senate with a cloture majority this year and therefore their choices are seeing their strongholds collapse into anarchy, see special counsels appointed to investigate criminal behavior by their party or confirm Trump nominees. But there is a high probability that their left wing will elect an R cloture majority.
