The imagined benefits of being too big to fail

I believe it was Mike who commented that California, knowing itself to be “too big to fail,” is doing whatever the Hell it pleases.  (Or more accurately, the Democrats in state government, elected by feckless voters, are doing whatever the Hell they please.)  Over at Ace of Spades, you can find a perfect rundown of California legislative insanity, along with some trenchant humor.

As an American and a small government conservative, I want California to fail.  Nothing and nobody should ever be too big to fail.  As a California resident, and as a native who remembers when it was once the Golden State, I find all of this heart breaking.