Is California Too Big to Fail? Q&A with The FlashReport's Jon Fleischman

Is California "too big to fail" or is a Golden State bankruptcy in the cards?

Reason'tv's Ted Balaker sat down with Jon Fleischman, founder and publisher of the FlashReport, to talk about California's ongoing fiscal meltdown, and how, after a barrage of bipartisan tax hikes and spending sprees, California's political class has yet to learn its lesson.

Shot by Hawk Jensen and Paul Detrick. Edited by Alex Manning.

About 9 minutes long. Scroll down for iPod, HD, and audio versions of this video.

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