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It is happening again

Discussion in 'Off Topic Threads' started by bigdogtx, Jul 12, 2012.

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  1. bigdogtx

    bigdogtx Well-Known Member

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    hope too many weren't counting on their muni bonds......
     
  2. halfmile

    halfmile Well-Known Member

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    Green Bay Wisconsin
    Here's the kicker:

    "San Bernardino -- like many other cities in California and California itself -- did not enact public sector reforms when those reforms could have helped the city avoid bankruptcy, and are now paying the price for years of proverbially kicking the fiscal can down the road in order to appease bureaucrats and public sector unions."

    So now the greedheads that slopped at the public trough will have to modify their diet.

    My heart bleeds for them.

    HM
     
  3. Brian in Oregon

    Brian in Oregon Well-Known Member

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    Deplorable Bitter Clinger in Liberal La La Land
    "San Bernardino -- like many other cities in California and California itself -- did not enact public sector reforms when those reforms could have helped the city avoid bankruptcy, and are now paying the price for years of proverbially kicking the fiscal can down the road in order to appease bureaucrats and public sector unions."

    Coming soon to America.
     
  4. crusha

    crusha TS Member

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    True enough. When all of America is like California, or Detroit...who bails out America?
     
  5. TinMan88

    TinMan88 TS Member

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    Shouldn't that question read 'who owns America'?
     
  6. WS-1

    WS-1 Banned User Banned

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    Kinda makes you want to rethink that whole Bain Capital thing, dudnit bunky? :)
     
  7. Barry C. Roach

    Barry C. Roach Well-Known Member

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    That's not all that California is in for. They completely cut off any electric production from coal fired utilities, even if the electricity is bought from other states.

    Brown outs, black outs and extremely high energy prices are very much in their future.
     
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