California State is bankrupt and has NO water What the hell?  These are scary times... The state is issuing everyone IOU's because they can't pay anyone.  I am going to Disneyland in May so hopefully everything will be cheap because they are trying to get people to travel there and spend their hard earned cash. Arnold Schwarzenegger must be pissed.. He should have been "pumping up" California but instead they are in a state of emergency. California is also running o...