Tag Archives for bankruptcy

November 14, 2012

How Public Employee Unions & Politicians unite against citizens [Darleen Click]

TweetReuters’ headline reads How a vicious circle of self-interest sank a California city, but as you slog through the debacle of the city of San Bernardino’s ugly descent into bankruptcy you notice the complete absence of one important participant The … Continue reading

14. November 2012 by Darleen

June 27, 2012

As goes Stockton, CA … [Darleen Click]

TweetThe folly and failure of spending every dime of other people’s money Officials in Stockton said Tuesday that mediation with creditors has failed, meaning the city is set to become the largest American city ever to declare bankruptcy. City Manager … Continue reading

27. June 2012 by Darleen