The Dems will try to bail out the big three liberal states

This was Obama putting the heat on Germany. As Obama's role is revealed, then he becomes committed to bailing out Illinois and Puerto Rico; and that then brings in California and new York. The Hit is Fitting the Shan. Pressure the banks for your banker bot card. The plan is to write  a bankruptcy law that stiffs the creditors and protects the unions.

Telegraph: Germany is at last bowing to pressure as a chorus of countries and key institutions demand debt relief for Greece, a shift that could break the five-month stalemate and avert a potentially disastrous rupture of monetary union at this Sunday’s last-ditch summit.

In a highly significant move, the European Council has called on both sides to make major concessions, insisting that the creditor powers must do their part as the radical Syriza government puts forward a new raft of proposals on economic reforms before a deadline expires tonight.

My decoder knows Kanosian and the public sector bailout has been brewing for some time.