San Bernandino Files for Chapter 9 Bankruptcy | |
Anonymous Coward (OP) User ID: 19023655 United States 07/11/2012 12:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 19023655 United States 07/11/2012 12:52 AM Report Abusive Post Report Copyright Violation | A bankruptcy in Los Angeles should be right around the corner.. [link to articles.latimes.com] Los Angeles' top budget official raised the specter of bankruptcy Friday in a sweeping report that calls for new taxes, possible layoffs and the privatization of some city services. Chief Administrative Officer Miguel Santana said rising employee costs combined with flat-lining revenues have left the city in a precarious position. Even after reducing its workforce by 4,900 positions in recent years, the city faces a $222-million budget shortfall, he said, a figure that is expected to rise to $427 million by 2014-15. |
Anonymous Coward User ID: 713727 United States 07/11/2012 01:00 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 16074607 Philippines 07/11/2012 01:37 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 17755037 United States 07/11/2012 01:45 AM Report Abusive Post Report Copyright Violation | This is the best news I've heard so far today. I've loving it. CA is a joke of a state and now the big cities are falling like dominoes. That's what happens when you let the trash in and the good people pack up and leave. Quoting: Anonymous Coward 16074607 They deserve this. Ya, and if California crashes and burns, what do you think happens to your state/country? Let's hope for the worst, eh? Retard. |
Spitting Into The Wind User ID: 16376408 United States 07/11/2012 01:46 AM Report Abusive Post Report Copyright Violation | [link to www.cbsnews.com] Third Calif. city votes to declare bankruptcy [snip] The Southern California city of about 210,000 people will also become among the second largest in the nation ever to file for bankruptcy. Stockton, the Northern California city of nearly 300,000, became the biggest when it filed for Chapter 9 on June 28. [...] Now, with Mammoth Lakes also voting to declare Chapter 9 on July 3, the state has seen three in two weeks. [/snip] |
Not Anonymous Coward User ID: 18606339 United States 07/11/2012 01:52 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 19228212 United States 07/11/2012 02:22 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 16843155 United States 07/11/2012 02:24 AM Report Abusive Post Report Copyright Violation | See how revealing their Comprehensive Annual Financial Report is, (CAFR). Seems they are hiding something from the budget LOL [link to www.ci.san-bernardino.ca.us] |
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Anonymous Coward User ID: 1277757 Saudi Arabia 07/11/2012 02:32 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 14566392 United States 07/11/2012 02:44 AM Report Abusive Post Report Copyright Violation | Keep voting for Democrats, and BANKRUPTCY will be your future. Quoting: Anonymous Coward 19228212 BE SURE TO THANK A DEMOCRAT for this mess, next time you see one. They have worked very hard, for 40+ years, to get us here! God damn you, you fucking retard. Thank the free enterprise system with laws protecting rich fuckwads screwing over the middle class and poor people everyday With retard Americans who vote against their own interest in the name of racism, homophobia, and plain xenophobia. FUCK you and god damn you for real. You are one of the many people that make me hate America sometimes. Have some fucking awareness you mouth breathing idiot. |
Anonymous Coward User ID: 18580507 United States 07/11/2012 02:45 AM Report Abusive Post Report Copyright Violation | San bernardino is a trashy city. In 2007 it was the second most dangerous city right under st louis . I live in san bernardino county and my city is a flourishing city on its own. 3 highschools 4 middle schools 8 elementary schools and lots of new business in town. Good city and area but its sad to think about how this could effect us and our neighbors when were in need of money and theres none to grab. Sucks.. |
Anonymous Coward (OP) User ID: 19023655 United States 07/11/2012 02:46 AM Report Abusive Post Report Copyright Violation | This is the best news I've heard so far today. I've loving it. CA is a joke of a state and now the big cities are falling like dominoes. That's what happens when you let the trash in and the good people pack up and leave. Quoting: Anonymous Coward 16074607 They deserve this. They deserve this?? What are you talking about, this is what the entire country is facing dipshit!! |
Anonymous Coward (OP) User ID: 19023655 United States 07/11/2012 02:48 AM Report Abusive Post Report Copyright Violation | Keep voting for Democrats, and BANKRUPTCY will be your future. Quoting: Anonymous Coward 19228212 BE SURE TO THANK A DEMOCRAT for this mess, next time you see one. They have worked very hard, for 40+ years, to get us here! You pea brain idiot, democrats and republicans to blame or the city of London banker takeover. |
Anonymous Coward User ID: 1277757 Saudi Arabia 07/11/2012 02:50 AM Report Abusive Post Report Copyright Violation | |
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s. d. butler User ID: 974819 United States 07/11/2012 03:00 AM Report Abusive Post Report Copyright Violation | This is the best news I've heard so far today. I've loving it. CA is a joke of a state and now the big cities are falling like dominoes. That's what happens when you let the trash in and the good people pack up and leave. Quoting: Anonymous Coward 16074607 They deserve this. No,that's what happens when gubmint gets out of control. And yes they deserve this. |
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Anonymous Coward User ID: 1412635 United States 07/11/2012 03:33 AM Report Abusive Post Report Copyright Violation | Scranton, Pennsylvania's, the state's sixth-most-populous city (population of 76,089 in 2010 census), is down to its last $5,000 and has no way to pay salaries. The mayor wants an immediate tax hike of 29% and 78% over three years. In every sense of the word, Scranton is bankrupt. Read more: [link to globaleconomicanalysis.blogspot.com] [link to www.businessinsider.com] |
Anonymous Coward User ID: 19535308 United States 07/11/2012 03:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 14513811 United States 07/11/2012 03:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 17689295 United States 07/11/2012 04:09 AM Report Abusive Post Report Copyright Violation | This is the best news I've heard so far today. I've loving it. CA is a joke of a state and now the big cities are falling like dominoes. That's what happens when you let the trash in and the good people pack up and leave. Quoting: Anonymous Coward 16074607 They deserve this. You're next Peaches..... |