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Scranton, Pa. Mayor Slashes All Public Worker Wages to $7.25 per Hour, City Effectively Bankrupt
MISH'S Global Economic Trend Analysis ^ | 07/10/2012 | MIKE SHEDLOCK

Posted on 07/10/2012 7:28:08 AM PDT by SeekAndFind

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To: SeekAndFind

Cloward & Piven strategy at work once again.

Demand so much from government and the taxpayers it will collapse the system.

If the state does not allow them to go bankrupt and shed all those criminally negligent negotiated benefits and pensions then the city just has to shut down. PA will have to provide basic services of police & fire.

People, you cannot have both parties on the same side of the negotiation table without eventually going bankrupt. Communist unions, negotiating with communists in the democrat party are not negotiating in good faith for the public at large.

You don’t have to be an economics major to understand these union/democrat negotiations are nothing but political bribe sessions with the public footing the bill for the bribe.


41 posted on 07/10/2012 10:13:45 AM PDT by Wurlitzer (Nothing says "ignorance" like Islam!)
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To: No Socialist

The private sector could find plenty of people to do those jobs for $7.25 per hour. Probably turn a profit on it as well.


42 posted on 07/10/2012 11:14:19 AM PDT by STYRO (Do not accept unconstitutional government as legitimate government.)
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To: OriginalChristian

RE: Where did you get all this great information? Please cite a source or sources

I believe I gave the link in the original post. But here it is:

http://www.wealthwire.com/news/economy/2045


43 posted on 07/10/2012 12:16:12 PM PDT by SeekAndFind (bOTRT)
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To: E. Pluribus Unum

Particularly Union lefties. All they know is that the big evil boss is keeping it all from them so to get back they will waste as much time as possible.


44 posted on 07/10/2012 8:41:35 PM PDT by matt04
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To: Dilbert San Diego

“Stockton, California; Scranton, Pennsylvania, are or will be officially bankrupt.”

You can add Mammoth Lakes and San Bernardino, CA to the growing list. I just imagine that the RATS are crapping little green apples knowing that they can’t continue to pay their “union goons” and that some of them are going to end up on the unemployment rolls before the election in November. They will have more pissed off out of work union voters and higher unemployment numbers. Not good for them!


45 posted on 07/11/2012 10:36:12 AM PDT by vette6387
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