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To: dennisw
Talk of municipal bankruptcy has not escaped California's politically powerful public employee unions.

A number of them are pressing the legislature to pass a bill that would require local governments to get the approval of a state board before filing for bankruptcy. Since the board could be stacked with union-friendly appointees, bankruptcy pleas could be rejected or delayed.

8 posted on 05/29/2010 2:36:15 PM PDT by dennisw (History does not long entrust the care of freedom to the weak or the timid - Gen Eisenhower)
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To: dennisw

The ultimate backstop of have unions approve bankruptcies to rob taxpayers of their un-earned fat wages and over-market pensions and healthcare plans.


28 posted on 05/29/2010 8:29:09 PM PDT by wac3rd (Prepare for the November 2010 Tsunami)
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