Budget Deficits, Bond Debt, Billionaires, The Brown Family and Big Profits

By Patrick Porgans and Lloyd G. Carter

California’s 90 billionaires (according to Forbes Magazine) and 662,735 millionaires got rich in a lot of different ways. But, there are those billionaires that thirst for more, apparently, the Golden State’s record-breaking $2 trillion in gross annual production (GDP), in 2010, which makes the state the Eighth most productive economy in the world wasn’t quite enough. But let’s not forget California’s GDP is said to represent 13 percent of the USA’s GDP.

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