Should We Sell California To China (Asset Buyout And Assumption Of Debt) In Exchange For Debt Forgiveness?

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Why can't we sell Manhattan instead? That place just produces garbage. California at least generate some real stuff:

1. Tech (huge)

2. Entertainment - and it sells worldwide

3. Agriculture - quite large and not just shit corn which middle america produces.

4 Wine - 90% of US supply

5 Tourism - Yosemite, Tahoe, Shasta, the whole sierra streach, napa/sonoma valley, mojave, death valley, the blue coastline, 300 days of sunshine, moderate temperatures...

6 The best weed! If they legalize it, lots of tax revenue

I think 76% are just jealous. And I don't live in cali (yet).

Cali created the mess they are in today. If you own or operate a buiness in California you know what I mean. The laws they have related to workers comp and overtime are crazy. For example, if you work over 8 hours a day the ninth hour is overtime. If your boss yells at you all you have to do is claim disability. If you are looking to cut costs the first place I look is California. I have cut my business in that state by 75%. That is what happens when you put movie stars in charge.

Personally I am for selling California to the Chinese as it may allow the following:

1) The ending of the illegal immigration problem and the anchor baby problem. They'll abort you regardless of how you got here.

2) It will keep California (which can't even manage itself) from gaining 9 additional seats in the House because of the counting of illegal aliens as part of their constituents during the 2010 census. That sucking sound we’ll be soon hearing is more money from the rest of the states being sucked to the California black hole.

3) Stop California from ruining the rest of the nation. IOU's Arnold? They'll put your ass busting rocks. How’s that for payback?

4) Bring back tech development and true farming to California as the Chinese aren't going to give a damn about some non-indigenous fish when they have a population to feed. It will bring some sanity to Cali world!

5) The Chinese will bring more nuclear power to California and imprison no-growth environmental loons while at the same time allowing OX carts to be driven through the streets despite PETA protests. CAFÉ standards? If it moves you can drive it!

6) California can be a duty free import zone. There will be no need to go all the way to China for cheap products as new factories can now be built in California with conscripted illegal immigrant labor. Think of the cost savings in fuel and the jobs that would be right next door when the US collapses! Cali may regain its independence as a world producer.

7) Street Gangs….. DEAD.

8) Hollywood can be instantly adapted to produce Chinese Communist propaganda instead of Obama National Socialist propaganda. Nancy Pelosi will be so happy that REAL change has come. Of course the Porn industry will be shut down since if violates Chinese Moral standards. C’est la vie.

9) Finally create that one party system for California that the democrats have wanted all along for absolute unconstrained power with no need to listen to the electorate.

Of course there are drawbacks as the loss of the hi-tech computer industry and the build up of a foreign army on the left coast. But then again has much really changed? Cali may become another Hong Kong under the Chinese.

Would the relocation event be called the "Trail of Sandy Vaginas" because californians don't cry?

i say sell new york to china
the people there are obnoxious just like chinamen

I voted yes just for the lulz.

But in reality, California has one of the most abundant crop yields of any state in the Union, has an enormously diverse economy (stretching from Hollywood to Silicon Valley to high-tech defense companies to sweet sweet California wines), and if taken alone has something like the 8th biggest economy in the world.

I wouldn't sell it, not unless I basically just wanted to give the Chinese 5-6 bumper crops, advanced tech in computers, defense, etc., and all that sweet wine. We don't wanna teach the Chinese how to make wine!

We should sell Texas.

If you want to give the eighth largest economy in the world to China and gut the American economy. Be my guest and sell California to the Chinese.

Michigan would be a Win-Win!!

As of 7:52 8/2/09 1,852 yes votes.

1,852 dumb fucks.

What a dumb fucking poll.

it would be fun to see this poll & its result on twiter
http://twtpoll.com/

I think we should start with Hawaii or some of the other "protectorate" territories in the Pacific. Or Alaska (and they have to take Palin, no givesy-backsies).

First get rid of the Marines at Pendleton freeing up 18 miles of virgin Pacific coast and develop it (they are getting $28,000,000 an acre in Dana Point for costal property). Next auction off the Hearst Castle in San Simeon state park, I am sure some Russian billionaire would pay well over 5 billlion. Finally, develope the rest of the coast allowing private beaches it would be pure gold.

Oh this made for some goooooood reading Marla, what a great poll, we gotta get this on one of them there psuedo news shows, and listen to the puppets argue about this one... classic stuff...

I find it funny that people are so concerned with China being a Socialst gov't, and yet, we americans have socialized everything in the last couple of years, without our authorization... the only thing that is privitized these days is profits for Goldman...but you all keep on believing we live in a democratic free market republic, let me know how that works out for you when the NAU crammed down your throats like tarp, it will of course be for "the best interest of the taxpayer"

cheers

ANY AMERICAN THAT VOTED YES SHOUL GET ON THE NEXT FLIGHT TO SHANGHAI AND SUCK SOME JIM ROGERS SAUSAGE.
SURE , THE SH*TS HITTING THE FAN RIGHTNOW AND THINGS WILL GET WORSE BUT IF YOU THINK SELLING CHINA LAND THAT YOUR FOREFATHERS DIED OVER IS A GOOD IDEA , YOURE BIGGER FKING MORONS THAN THE REST OF THE WORLD THINKS YOU ARE. MAN UP. GET A SPINE. YOU DONT OWE CHINA JACK. IF IT GETS SO BAD , DEFAULT . SERIOUSLY THINK ABOUT IT. WHO ELSE IS GONNA BE A RESERVE CURRENCY? YOU'D TAKE 'EM DOWN ANYWAY. DOLLAR IS KING FIAT.
CHEER THE FK UP. YOU OWN CHINA.

ANY AMERICAN THAT VOTED YES SHOUL GET ON THE NEXT FLIGHT TO SHANGHAI AND SUCK SOME JIM ROGERS SAUSAGE.
SURE , THE SH*TS HITTING THE FAN RIGHTNOW AND THINGS WILL GET WORSE BUT IF YOU THINK SELLING CHINA LAND THAT YOUR FOREFATHERS DIED OVER IS A GOOD IDEA , YOURE BIGGER FKING MORONS THAN THE REST OF THE WORLD THINKS YOU ARE. MAN UP. GET A SPINE. YOU DONT OWE CHINA JACK. IF IT GETS SO BAD , DEFAULT . SERIOUSLY THINK ABOUT IT. WHO ELSE IS GONNA BE A RESERVE CURRENCY? YOU'D TAKE 'EM DOWN ANYWAY. DOLLAR IS KING FIAT.
CHEER THE FK UP. YOU OWN CHINA.

ANY AMERICAN THAT VOTED YES SHOUL GET ON THE NEXT FLIGHT TO SHANGHAI AND SUCK SOME JIM ROGERS SAUSAGE.
SURE , THE SH*TS HITTING THE FAN RIGHTNOW AND THINGS WILL GET WORSE BUT IF YOU THINK SELLING CHINA LAND THAT YOUR FOREFATHERS DIED OVER IS A GOOD IDEA , YOURE BIGGER FKING MORONS THAN THE REST OF THE WORLD THINKS YOU ARE. MAN UP. GET A SPINE. YOU DONT OWE CHINA JACK. IF IT GETS SO BAD , DEFAULT . SERIOUSLY THINK ABOUT IT. WHO ELSE IS GONNA BE A RESERVE CURRENCY? YOU'D TAKE 'EM DOWN ANYWAY. DOLLAR IS KING FIAT.
CHEER THE FK UP. YOU OWN CHINA.

Would love to then see all the southern border illegals and tax evading restaurant workers go bitch to the Chinese government that they still want all their free shit Pelosi used to give them....Current slogan: Just bum rush the border; if you make it to the other side you and your nine kids can live off U.S. taxpayers for the rest of your life.

They want ALASKA!  Not California.  Alaska has oil and it's a source of fresh water (in the form of ice).  I think it's worth 2 trillion dollars. 

The chinese can build TWO pipelines from Alaska to China.  One for oil and one for water.

I've had this theory for awhile that the U.S. will ultimately extinguish its debt by bartering the national parks for our worthless pieces of paper. We could simultaneously 1) remove a non-rev asset from the books, 2) eliminate interest payments , 3) begin receiving a national property tax revenue (they'll certainly want to build high-rise vacation condos in the Gran Canyon and Yellowstone, and we have to pay for defending their investment, right?), 4) extinguish our debt and start over. What a great solution for everyone!

CARP

California Asset Renumeration Program

Wow! I never would have thought that 75% of ZH readers are absolute fucking morons. Yeah, sell yourself to the commies, maybe they will throw in some free chains.

Ca's GDP is about $2 trillion (13%). So what is the right multiple for that top line? Less than 5Xs more than 1Xs. So lets say the proper multiple is 2X sales. That puts a fair price on Ca at $4T.

We only owe China a Trillion so we would end up with the Chinese owing us $3 Trillion. Think what that would do for the dollar! Stocks would soar!. Everyone in Ca would want out so there would be a big migration to places like Phoenix and Florida (the folks in Ca like it hot). The military contractors would all move to Detroit and fix that problem and the movie industry would move to NYC. This would solve the problem of the Co-op overhang in Brooklyn overnight. Taken together this would solve the housing crisis. It would be back to the good old days in no time flat.

The best thing about this is that in less than 5 years the Chinese would realize that they had made a gigantic mistake.  That Ca. was just sucking the life out of them and there was nothing they could do to cut costs. So over the first five years the Chinese spend another $1 trillion fixing things up and then they just give up. They learn the hard way that CA is hopeless and can't be fixed. So the sell it back to us for $1. (Like Japan inc. did with Rockefeller Center in NYC) The biggest RE coup in history!.

I think ZH is on to something with this one. I doubt that this will happen. Nancy Pelosi will scream bloody murder. But if ZH can start a rumor that this is in fact, "something the WH is seriously considering" there would be a tremendous trading opportunity for this sites readers. We could get long in front of this and short the heck out of things after the intial 20% pop in the markets. We have an opportunity to make a total of 40% (unleveraged)!!

To create this opportunity we need to 'get this out there' without the SEC coming after ZH for starting a malicious rumor. Possible Mr. Durden can contribute to this profit opportunity. We know that everyone in the straight press reads ZH so we just have to use that fact. An  article that started with "Informed sources have told ZH......." Bingo! That story would be on the tape in hours. Now that the WSJ is owned by FOX they would automatically go for the story. (They hate China and California)

So ZH, this one is on you. We need some bucks and this is our chance to get wired like Goldman does every day. After all, what is more important, journalistic integrity or money? Its the money.

All kidding aside California is the most valuable location on earth. It carries a psychological worth that pertains around the entire globe. It's the where the West, the mythical West, where European expansion ended. It's the land of dreams that are more American than any other American place. It will get past the Donner Party moment.

and now the SEIU is threatening to strike

95k+ state workers are repped by this union

please strike, i beg you

... Don't cry for me Argentina
The truth is I never left you
All through my wild days
My mad existence...

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