Newsom declared, "I want California fully bankrupt TODAY!!"
When the California legislature heard this, they started thinking about the fastest path to full bankruptcy.
Someone had a 'Eureka' moment and this is what evolved from it.
The more sinister view is that the ultimate end goal is not just to bankrupt Cali, they want to bankrupt the entire nation.
Newsom and his henchmen know that once Cali becomes insolvent, the Feds will step in to bail them out. They have no fear.
And that will affect us all. And Cali knows this full well. In fact, they are counting on it.