In a sane world, your scenario is just what would happen. Unfortunately, under our present Congress, nothing like this would occur. Democrats would seize on the opportunities presented by the first Catholic socialist nation on the North American continent, something several wars and battles were fought to prevent. Suddenly, the money would come pouring in from the Vatican treasury. New management would come in, and like magic, California's seeming unsolvable problems would start to disappear. It is an old story -- create the crisis. The fact the Democrats accuse Republicans of "manufacturing" a border crisis is evidence enough for  me that the CA state crisis has been intentionally created.  After the situation in the new nation had been normalized, the sell off to the communist world would begin in earnest -- Chinese and Soviet bases, and of course, the genocide of California's golden dreamers.