Florida unemployment hit record 12.2 percent in February

http://www.sun-sentinel.com/business/fl-unemployment-february-20100326,0,4358873.story

"Florida's unemployment hit 12.2 percent in February, the highest rate on record, soaring past even the rates recorded in the 1973-1975 recession, the state work force agency said Friday."

I could have swore someone told me the economy was growing at a 5.6% annualized rate. It's going to be fun watching these States try and survive with huge cost coming from DC through mandates, higher taxes, and more unemployment. You would think maybe just maybe one of these States would actually wake up.

Someone in the State might want to ask the governor and the legislative branch exactly what happens when a State can't pay it's bills and creditors are sitting at the door.

I hate to tell you guys but there is no Court to file bankruptcy in.