An interesting LinkedIn string-one response:
California might be the first to get in trouble-but it will be the first to come back. It's always been that way.

Remember when the Japanese were wagging their fingers at us in the late 90's? Well we came out of our doldrums and wired the world, most of the companies straight out of California. It's still a great state with wonderful possibilities for careers and business AND recruiting that you don't find anyplace else. We will rise again.

So, if I have to worry, I'd rather worry in great weather and a great state.

PS For those who have forgotten or are too young... Wall-Street and Capitol Hill always sit around with their collective thumbs up their a.. for one or two quarters after a two term President is replaced by a President from the other Party. Once they realize the sky isn't falling things tend to get better.It might be a little tougher this time round but we will all make it.

Long live the Bear Republic! ~ Christian Schilling