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They'll mostly be defaulting on pension payments to pampered AFSCME bureaucrats.
Tough titties.
Thank a republican
Thank a republican
They held all the levors of power in this country while this mess developed.
They did nothing to avert it
They held all the levors of power in this country while this mess developed.
They did nothing to avert it
The cities are in trouble because the economy tanked under Bush and the rs.
They held all the levors of power in this country while this mess developed.
They did nothing to avert it
Let's see. No massive crop failures. Very few natural disasters. The US worker is the most productive, per capita, in the world. Companies are reporting record profits. And we have a "debt crisis"..
Look no further than the ongoing and ever-increasing public entitlement debts that are out there. The dems, since they took power in 2006 have thrown more money at people than Bush threw at 2 wars and the bank bailouts. Meanwhile, people spent the better part of 10 years buying houses they couldn't afford and the government decided to save the day again by paying for the fools' mistakes with other people's money.
As for the cities - I live near Chicago and the problem here is simply greed, mismanagement, graft, nepotism, and entrenched "machine" politics that is sucking the coffers dry and setting up an untenable situation for the future.
Let's see. No massive crop failures. Very few natural disasters. The US worker is the most productive, per capita, in the world. Companies are reporting record profits. And we have a "debt crisis"..
Look no further than the ongoing and ever-increasing public entitlement debts that are out there. The dems, since they took power in 2006 have thrown more money at people than Bush threw at 2 wars and the bank bailouts. Meanwhile, people spent the better part of 10 years buying houses they couldn't afford and the government decided to save the day again by paying for the fools' mistakes with other people's money.
As for the cities - I live near Chicago and the problem here is simply greed, mismanagement, graft, nepotism, and entrenched "machine" politics that is sucking the coffers dry and setting up an untenable situation for the future.
You said it all in two paragraphs. Super. Couldn't agree more.
The cities are in trouble because the economy tanked under Bush and the rs.
Overdrawn American cities could face financial collapse in 2011, defaulting on hundreds of billions of dollars of borrowings and derailing the US economic recovery. Nor are European cities safe Florence, Barcelona, Madrid, Venice: all are in trouble
$2tn debt crisis threatens to bring down 100 US cities | Business | The Guardian
They held all the levors of power in this country while this mess developed.
They did nothing to avert it
Its not up to the Fed Govt to avert anything that goes on in a city.
Its up to those running the city.
Wonder how many of those Cites were and are run by Dems??
They held all the levors of power in this country while this mess developed.
They did nothing to avert it
Its not up to the Fed Govt to avert anything that goes on in a city.
Its up to those running the city.
Wonder how many of those Cites were and are run by Dems??
Are you sure about that. The job of the feds is to 'promote the general welfare'. Having states and cities go belly up doesn't seem to be in the best interest of the 'general welfare' of the nation.
