Posted by
rycK on Wednesday, May 07, 2008 12:29:56 PM
California Starts to Crumble under Socialism and Illegal Immigration
Vallejo gives up and crawls to the courts for sustenance and relief.[1]
“The city faces a $16 million deficit in the 2008-2009 budget starting July 1 and unsuccessfully negotiated with its police, firefighter and electrical workers unions for contract concessions through 2012. Public safety salaries comprise 74 percent of the city's general fund budget.”
We should be so impertinent to ask what the crime rate is in this place.
“Vallejo joins a small number of municipalities that have declared bankruptcy should officials decide it's their only option.
OrangeCounty declared bankruptcy in the 1990s after then-Treasurer Robert L. Citron borrowed hundreds of millions of dollars while speculating in high-risk securities investments that depended on low interest rates.
The county lost $1.64 billion.
Desert Hot Springs also filed for bankruptcy in 2001”
This has all been predicted by me:
The Financial Collapse of California and the Need to Hike Taxes
Tuesday, January 15, 20087:36 PM
http://rycksrationalizations.townhall.com/g/118339df-3358-4b7a-be62-273f3694b8bc
Fat Albert Waddles Off To Bark His Global Warming Follies As The Russians Buy Furs.
Thursday, January 03, 20083:01 PM
http://rycksrationalizations.townhall.com/g/30ecc2d0-4fbd-4f44-af13-b823625e0d9a
California: Socialism on a Roll: The Health Care Express to Debt and Poverty and the Poisoned Apple.
Thursday, December 20, 200712:44 PM
http://rycksrationalizations.townhall.com/g/ad8c8f91-529c-46c5-8c09-68658b379c10
The good citizens, who elected these leftists, can now enjoy bankruptcy. But, there is a solution!!
Raise Taxes and Make Vallejo a SanctuaryCity!
Splendor with the grass.
rycK
Comments: ryckki@gmail.com