DarkFury
Platinum Member
- Banned
- #121
Here are the top 20 cities going broke ALL Democrat.Forty G-d damn years the city of Flint paid taxes for infrastructure improvement. Where did that tax money go? Did it just f#cking disappear? NO, democrats there STOLE tax money from the utility fund to pay for pet projects INSTEAD of what the money was collected for.You really love twisting things around to make yourself look better. When looking at how well a city is doing, you have to go back a few decades to decide which party is responsible, as different parties can be elected from year to year. The ten cities I mentioned have been under exclusive control of liberals for decades. There is no one else to blame it on. They own this mess. No one else. Their LIBERAL policies have destroyed these cities economically.NO, because his premise is correct, the democrat run cities have done nothing in many cases for four plus decades on the local level. And its a direct reflection of democrat spending on social issues and NOT jobs or infrastructure.
Lots of people are making a lot of points that they are saying are facts, but how many people in this thread have actually provided links or data to back them up? Lutroo said St. Louis was one of the cities that had large black populations, when in fact is almost a 50/50 split with whites. Others have said that Democrats destroy cities. Well here is a list of the top 10 cities in the United States...here is the links and it shows who is the mayor of each city. Guess how many are Republicans?
Here is the top 10 cities of the Top 50 cities to live in the U.S. for 2015.
2015 Ranking of Top 100 Best Places to Live in America | Livability | Best Small to mid-sized U.S. Cities to Live
#1- Madison, Wisconsin - Mayor Paul Soglin (D)
Madison, Wisconsin - Wikipedia, the free encyclopedia
#2- Rochester, Minnesota - Mayor Ardell Brede (I)
Rochester, Minnesota - Wikipedia, the free encyclopedia
#3- Arlington, Virginia- County no Mayor
Arlington County, Virginia - Wikipedia, the free encyclopedia
#4- Boulder, Colorado- Mayor Suzanne Jones (Unspecified)
Boulder, Colorado - Wikipedia, the free encyclopedia
#5- Palo alto, California- Mayor Patrick Burt (Unspecified)
Palo Alto, California - Wikipedia, the free encyclopedia
#6- Berkeley, California- Mayor Tom Bates (D)
Berkeley, California - Wikipedia, the free encyclopedia
#7- Santa Clara, California- Mayor Lisa Gillmor (Unspecified)
Santa Clara, California - Wikipedia, the free encyclopedia
#8- Missoula, Montana- Mayor John Engen (D)
Missoula, Montana - Wikipedia, the free encyclopedia
#9- Boise, Idaho- Mayor David H. Bieter (D)
Boise, Idaho - Wikipedia, the free encyclopedia
#10- Iowa City, Iowa- Mayor Jim Throgmorton (Unspecified)
Iowa City, Iowa - Wikipedia, the free encyclopedia
Which "LIBERAL policies" destroyed their cities?
All of this takes place in a state and in a country. Could it be that the policies of both of these undermine what goes on in the cities?
And democrats do that in every city they control. Now the cities are going broke because they can't meet their debt loads because of union contracts.
Democrats kept kicking the can down the road. Well guess what you moron? That road was a dead end. And citizens are dying because you democrats are outright stupid about money and BASIC social need.
So you just gave one example of a crappy group of politicians running one city. Do you want me to list all the Republican run cities with scandals where they stole money from the citizens or improperly ran their city?
1. Compton, Calif.
Compton has teetered on the brink of bankruptcy after it accrued a general-fund deficit of more than $40 million by borrowing from other funds, depleting what had been a $22 million reserve.
2. East Greenbush, N.Y.
A New York state audit concluded that years of fiscal mismanagement — including questionable employment contracts and illegal payments to town officials — left East Greenbush more than $2 million in debt.
3. Fresno, Calif.
Fresno had the ratings of its lease-revenue bonds downgraded to junk-level by Moody's, which also downgraded its convention center and pension obligation bonds due to the city's "exceedingly weak financial position."
4. Gulf County, Fla.
Fitch Ratings warned that Gulf County's predominately rural economy is "narrowly focused," with income levels one-quarter below national averages and economic indicators for the county also comparing unfavorably to national averages.
5. Harrisburg, Pa.
Harrisburg is at least $345 million in debt, thanks largely to municipal bonds it guaranteed in order to finance upgrades to its problematic waste-to-energy trash incinerator.
6. Irvington, N.J.
Irvington has a violent crime rate six times higher than New Jersey's average, with Moody's citing "wealth indicators below state and national averages and tax-base and population declines due to increased tax appeals and foreclosures."
7. Jefferson County, Ala.
Jefferson County, home to the city of Birmingham, has been dealing with the collapse of refinancing for a sewer bond. It filed for bankruptcy protection in 2011 over a $3.14 billion sewer bond debt.
8. Menasha, Wis.
Menasha defaulted on bonds in 2007 it had issued to fund a steam plant which has since closed and left the city permanently in the red and, as of 2011, had $16 million in general fund revenue, but had $43.4 million in outstanding debt.
9. Newburgh, N.Y.
Newburgh was cited by Moody's for "tax base erosion and a weak socioeconomic profile," with 26 percent of its population below the poverty line and its school district facing a $2 million budget gap.
10. Oakland, Calif.
Oakland is trying to get out of a Goldman Sachs-brokered interest rate swap that is costing it $4 million a year. According to a recent city audit, Oakland has lost $250 million from a 1997 pension obligation bond sale and subsequent investment strategy.
11. Philadelphia School District, Pa.
Philadelphia's school district, the nation's eighth-largest, faces a $304 million deficit in its $2.35 billion budget, and is seeking $133 million from labor-contract savings to prevent further cutbacks.
12. Pontiac, Mich.
Pontiac, where the emergency manager has restructured the city's finances, was downgraded by Moody's, reflecting the city's history of fiscal distress and narrow liquidity.
13. Providence, R.I.
Providence, rumored to be filing for bankruptcy for more than a year, experienced consecutive deficits through fiscal 2012, has a high-debt burden and significant unfunded pension liabilities, as well as high unemployment and low income levels.
14. Riverdale, Ill.
The credit rating for Riverdale is under review by Moody's because the city has not released an audit of interim or unaudited data for the year that ended April 30, 2012.
15. Salem, N.J.
Salem is under close fiscal supervision after it issued bonds to finance the construction of the Finlaw State Office Building, which was delayed by construction issues, and its leasing revenues are not enough to cover the debt payments and the maintenance fees.
16. Strafford County, N.H.
Strafford County regularly borrows money to cover its short-term cash needs after it spent two-fifths of its budget on a nursing home, which lost $36 million from 2004 to 2009.
17. Taylor, Mich.
Taylor has a large deficit and is vulnerable due to significant declines in the tax base, limited financial flexibility, and above-average unfunded pension obligations.
18. Vadnais Heights, Minn.
The St. Paul suburb of Vadnais Heights had its debt rating downgraded to junk last fall by Moody's after the city council voted to stop payments to a sports center financed by bonds.
19. Wenatchee, Wash.
Wenatchee defaulted on $42 million in debt associated with the Town Toyota Center, a multipurpose arena, and has ongoing financial issues due to the default.
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20. Woonsocket, R.I.
Woonsocket faces near-term liquidity shortages necessitating an advance in state aid, a high-debt burden and unfunded pension liabilities, with Moody's citing the city's continuing difficulties in making spending cuts because of poor management and imprecise accounting.
Breaking News at Newsmax.com 20 Cities That May Face Bankruptcy After Detroit
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