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Watch Live - The First Domino Fall - City of Stockton City Council vote for Chapter 9
Stockton, CA City Council ^ | 6-25-2012

Posted on 06/26/2012 10:34:31 PM PDT by Selene

16.03 CC - PUBLIC HEARING ADOPTING THE PROPOSED FISCAL YEAR 2012-2013 ANNUAL BUDGET; APPROVING THE 2012-2017 CAPITAL IMPROVEMENT PROGRAM; APPROVING THE 2012-2013 FEE SCHEDULE; APPROVING MODIFICATIONS IN TERMS AND CONDITIONS TO CERTAIN BARGAINING GROUPS; AUTHORIZING VARIOUS FUND TRANSFERS AND ADMINISTRATIVE ACTIONS INCLUDING APPROVAL OF MODIFICATIONS TO THE UNREPRESENTED EMPLOYEES COMPENSATION PLAN AND CONTINUANCE OF THE STATE OF EMERGENCY BASED ON FISCAL CIRCUMSTANCES THROUGH JUNE 30, 2012; AND DECLARATION OF EMERGENCY


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS:
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1 posted on 06/26/2012 10:34:42 PM PDT by Selene
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To: Selene

6-1 for Chapter 9

The retiree health benefit reduced, Bond payments suspended


2 posted on 06/26/2012 10:39:20 PM PDT by Selene
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To: Selene

http://www.youtube.com/watch?v=76RrdwElnTU

Sorry, couldn’t help myself.

The sooner that whole State can’t afford itself the sooner it’ll break its Dem monopoly and stop being a drain on the other 49.


3 posted on 06/26/2012 10:49:57 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: Selene

Little Tijuana is what they call it. Way High up the list in Murders, and shootings. Had a business there at one time The town was good to me then, down hill since illegals, took it over. Lots of People on the Handout leval ,of every race. Wonderful farming and cattle rich area for years.


4 posted on 06/26/2012 10:50:11 PM PDT by easternsky
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To: To-Whose-Benefit?

This is the largest city bankruptcy in US history.

Don’t know who the bond holders are


5 posted on 06/26/2012 10:58:39 PM PDT by Selene
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To: Selene

When will people learn that a post with all caps just makes everyone go on to the next post?

Here is a hint, if you don’t want anyone to read what you post, do it in all caps, if you really care about what you are posting and want people to read it, then post it in a way we will want to read it.

I live in Ca, and this is good news, but who the hell would know, or care to read what you posted??????


6 posted on 06/26/2012 11:07:19 PM PDT by OneVike (I'm just a Christian waiting to go home)
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To: To-Whose-Benefit?

California is such a beatiful state with enormous resources.....its really just so sad that its being ruined...


7 posted on 06/26/2012 11:09:38 PM PDT by cherry
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To: Selene

I have this vision of Gov Jerry Brown and Lt Gov Gavin Newsom frantically trying to rig some scheme to slide them Federal money slated for something else and burying the transfer through 15 levels of over lawyered shell game hoping they won’t get caught at it for at least another 18 months.


8 posted on 06/26/2012 11:09:51 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: OneVike

I did. The content seemed more important than the way it was posted.


9 posted on 06/26/2012 11:11:23 PM PDT by abishai
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To: Selene

“Don’t know who the bond holders are”

I have seen reports that the City Hall and two “city-owned” parking garages are “mortgaged” by Wells Fargo. WF has reportedly taken over the garages. Like another poster said, Stockton used to be a really nice place to live until the Illegal Mexicans showed up. I had to stop and an auto parts store there a couple of years ago in broad daylight and wished that I was “carrying.”


10 posted on 06/26/2012 11:15:08 PM PDT by vette6387
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To: Selene
People often joke about California breaking off at the San Andreas and sinking into the Pacific ocean, but it's happening right now. The fiscal fault line has ruptured and the once golden state is sinking into an ocean of debt. As coffers dry up, crime will rise. Those with the means are jumping ship. The affluent coastal communities are living on borrowed time. They too will be inundated eventually.
11 posted on 06/26/2012 11:15:59 PM PDT by SpaceBar
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To: cherry

Geographically yes, but there it ends.

Feinstein, Boxer, and Pelosi year after year. County lines get redrawn there in a frenzy of gerrymandering that would give an amoeba fits and starts. Ca. will Never straighten itself out until the whole State has to declare bankruptcy.

Boss Tweed had nothing on Sacramento and all of its nefarious games.


12 posted on 06/26/2012 11:23:57 PM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: Selene

Guess they ran out of other peoples money.


13 posted on 06/26/2012 11:26:21 PM PDT by albionin (A gawn fit's eye gettin.)
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To: Selene

All caps; didn’t read.

Something about Stockton?


14 posted on 06/26/2012 11:44:55 PM PDT by agere_contra
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To: To-Whose-Benefit?

Unless, of course, Obama determines it ‘too big to fail’ and the rest of us are brought to our knees bailing it out.


15 posted on 06/26/2012 11:49:23 PM PDT by Kimberly GG ("Path to Citizenship" Amnesty candidates will NOT get my vote!)
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To: Kimberly GG

“Unless, of course, Obama determines it ‘too big to fail’ and the rest of us are brought to our knees bailing it out.”

I’m thinking he’s got a bit too much on his plate as it is to try that one too, but you never know. The man’s arrogance truly knows no limits.

http://www.freerepublic.com/focus/f-news/2899793/posts


16 posted on 06/27/2012 12:04:35 AM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: Selene

How long has this place had Democrat Mayors?


17 posted on 06/27/2012 12:05:37 AM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: To-Whose-Benefit?
hoping they won’t get caught at it for at least another 18 months. Until the next election?
18 posted on 06/27/2012 12:16:57 AM PDT by TexasRedeye
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To: TexasRedeye

Send them to Bismarck North Dakota to learn how it is done.


19 posted on 06/27/2012 12:41:43 AM PDT by Minnesota fox
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To: TexasRedeye

No, because 18 months will give them time to bury it, no more how wrong they do it, under another 20 paperwork hustles just as bad if not worse. The methodology is to have such a pile of chisling, SO Deep, that nobody ever gets to the bottom of the stack.

Libs are always so good at breaking things that conservatives can’t keep up with fixing them.


20 posted on 06/27/2012 1:35:41 AM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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