46 Of 50 States Could File Bankruptcy In 2009-2010

Here's a dramatic post:

There is a high chance a majority of the States within the United States of America could file for Chapter 9 bankruptcy.  ... It’s very possible you’ll see the end of the United States as we know it. If the Fed doesn’t bailout the States when their cash dries up and the banks don’t loan them money, then our States will be left in financial ruin. This would be a tragic and unprecedented event never experienced in the United States.

No State has ever filed bankruptcy, but it could be coming to a State near you this year.

We are on the brink of something far worse than the Great Depression. - freedomarizona