I thought California is worst shape. After reading this article from the AP, I learned that Nevada is far worse off state than California.

At the end of the day, you cannot rely your economy on gambling. Real jobs from building a significant industrial based on high technology and alternative energies is the solution.

Thomm Hartmann has speaking about this issue a lot and I think Nevada based its on economy on a house of cards. It is economy is based on the bubble economy. Gambling and tourism are based on when people have wealth based on paper assets that really do not exist and end when the Ponzi scheme is over.

I have more hope my state than Nevada. I just do not how they are getting off this rut.