Prop Zero
The Starting Point for Commentary and Coverage of California Politics

This Ain't Greece, Dudes

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    NEWSLETTERS

    As Prop Zero readers know too well, California has big problems. But its state government doesn't face real risk of defaulting on its debts. That hasn't stopped commentators and analysts, in a bid for attention, from raising the prospect of default.

    Brett Arends, a columnist for Marketwatch, does the great public service of taking apart the argument of one of these anti-California fearmongers here.