California will receive a bailout from the Federal government in 2010.

Created by dakyne 4 months ago; known in 3 months; judged unknown by gwern 28 days ago.

  • dakyne estimated 70% 4 months ago
  • Houshalter estimated 99% against and said “I seriously doubt it.2 months ago
  • JFE estimated 75% against 2 months ago
  • gwern estimated 90% against and said “As Adam Smith said, “There is a great deal of ruin in a nation.” California has many tricks left yet to play.about 1 month ago
  • dakyne judged this prediction right 29 days ago.
  • dakyne said “http://www.miamiherald.com/2010/08/11/1770897/california-to-get-25-billion-from.html29 days ago
  • dakyne said “For those who want to dispute it’s a bailout: “bailing out bad management doesn’t improve it.”29 days ago
  • gwern judged this prediction unknown 28 days ago.
  • gwern said “And how is this different from the block grants and whatnot CA has gotten for decades? Usually bailout is something like assuming or guaranteeing debt…28 days ago
  • dakyne said “at gwern, like I said, read the article, and my comments—it is unquestionably a bail out. This is an unprecedented bailout to save jobs.17 days ago
  • gwern said “I did read it. Obviously. My comment stands – what is different from random block grants?17 days ago

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