Skip to comments.Another California city scrambling to avoid bankruptcy
Posted on 09/27/2012 10:36:57 AM PDT by george76
Atwater, a city of roughly 28,000 in California's Central Valley, may declare a fiscal emergency as soon as next week, but it is trying to avoid becoming the fourth California city to file for municipal bankruptcy this year...
Since late June, three Golden State cities-Stockton, San Bernardino and Mammoth Lakes-have filed for bankruptcy protection...
may have to declare a fiscal emergency" on Oct. 3.
(Excerpt) Read more at foxnews.com ...
There will be many more.
Put in a dollar, take out three.
The State employees eat at the trough, for life and we are expected to pick up their lavish bennies, perks and pensions.
It’s coming to an end. LA is next, and with no cops (the first thing always cut by the unions) it could become Mexico City overnight.
My parents live in that city. It is right next to Merced, and that area has the highest unemployment in the state, IIRC. So it is not unexpected that the city is having financial difficulties.
Things haven’t been quite the same since closing of Castle AFB.
Sung to the tune of AMERICAN PIE...
A long, long time ago
I can still remember how those Democrat promises made them smile
And I knew if I had my way
That I could make those taxpayers pay
And enough people would be happy for awhile
But now November makes me shiver
Since I made promises I can’t deliver
Bad news on the doorstep
Even with the media in lockstep
I don’t remember if I cried
When Chevy Volt sales up and died
But something touched me deep inside
The day they knew the Democrats lied.
And we were singing
Buy, buy another Democrat lie
Drove my Volt down to the station
Cause I thought it would fry
Chrissy Matthews is busy drinking whiskey and rye
Singin’ “this November I’m gonna cry,
This November I’m gonna cry-y-y.”
Isn’t this a town in the middle of the area which got the water shut off to the farmers last year??
Thanks ever so much, Robert Kennedy Jr, for leading the legal fight to shut off that water.......
If you think his friends behind the NRDC aren't salivating at picking up the pieces for pennies on the dollar, well, that is what the Slave Party game is all about.