Re: 46 Of 50 States Could File Bankruptcy In 2009-2010

[Plasma17]

Well today, Kansas & California are in deep trouble in a couple of different ways.

Kansas suspends income tax refunds
http://www.ktka.com/news/2009/feb/16/kansas_suspends_income_tax_refunds/

Talks fail to end California budget impasse
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/02/15/MNSD15UNQH.DTL&type=politics&tsp=1

[mobes]

looks like these states need to file a Chapter 9 Bankruptcy.

Chapter 9 has rarely been used if you are not aware of how that works, here it is:

http://www.uscourts.gov/bankruptcycourt ... pter9.html