Too Big to Fail? Could we see the federalization of states?

WILLIAMS: That's right. Well, one of the things I have been watching is, as you've been having, some of our elected officials from the various states have been leading the 10th Amendment state sovereignty issues in their states and supporting resolutions saying, you know, those things not given to the federal government, you know, ought to be reserved to the states and the people, and the federal government has gone way beyond its authority. And it's about time that, you know, we stand up and say enough is enough.

BECK: OK. Tell me what these states have in common: New York, Illinois, New Jersey, Michigan — these are the states in trouble. New York, Illinois, New Jersey, Michigan, Oregon, Vermont, Massachusetts.

WILLIAMS: Well, these are...

BECK: They are all the most progressive. They're the one — they're the ones with the biggest state governments.