That's the third or fourth California city to bite the bullet and fail. There must be something to that liberal/union mentality. "Hey! We got our pensions...the city is going broke but we got our pensions!"Tim Geithner
Look it up
I found it out a couple of days ago. Geithner as head of the Federal Reserve at the time helped cover up the LIBOR rate fixing and advised on how not to get caught. I posted the links elsewhere, go look for them.
By the way, Compton California is about to go bankrupt.
California is just a microcosm of what will happen all over the United States if the Obama/liberal/union goon mentality prevails. We have already been downgraded for the first time in history. Going bankrupt is not out of the realm of possibilities.
Liberal/union mentality? LMAO, have you ever been to Compton?