Originally Posted by riskadverse
Depending on who's buying, even as a Californian, I might go for this solution.
Just for fun I did a little analysis. California is one of those odd states that sends more money to the Federal government than it gets back. As an independent country, with the state getting all the current Federal tax cashflow, it's financial problems go away.
Note that California also has, in the California National Guard and reserves, the largest national guard force in the nation, at a strength of 18,000 Army and 4,900 Air Force. There is also a California State Military Reserve, which includes a very small naval branch (military lawyers and strategists, primarily in an advisory role). Not a huge force, granted, but roughly similar in size to Denmark or Norway.
As an economy, California has a GDP of 1.73 trillion dollars(2006), making it the 10th largest in the world. The state is a net exporter of computes and electronics, transportation, non-electrical machinery, agriculture, and chemicals.
California going independent or being sold off looks like a good deal for California or the buyer, and maybe not so good a deal for the USA.