It’s amazing....truly....that a government can be so ineptly run as to end up in bankruptcy, and no one gets tarred and feathered.
Consider that those who run the city have no skin in the game. It’s not their money they are spending. If it doesn’t work out they just don’t run again.
It’s amazing....truly....that a government can be so ineptly run as to end up in bankruptcy, and no one gets tarred and feathered.
they are democrats...what else needs to be said!!!!
This slide (and its not just Vallejo) has been going on for thirty years. They have a city police chief who makes more than US congressmen and most state governors....$306k for the chief. A police Lt makes around $240k. And the chief of the Vallejo fire department makes around $207k, with the average fire fighter making $170k...not counting overtime. Across the entire state...they’ve all allowed the same behavior to occur. This doesn’t even cover the retirement scheme...which is just as silly.
There is a state university security chief for one of the colleges in the state...who they paid off to retire. Then they readvertised the position, and the retired chief applied and was accepted back to the position (with the pension already paid out)...so she was going to start with a huge salary and start rebuilding a second pension deal. No one in the university board was a bit ashamed of the deal or would resign.
This is the thing about Vallejo...its the first town...with another dozen probably going to declare bankruptcy by December of this year. The entire state has a problem and this will eventually trigger a massive exodus of the state, and probably federal help required to prevent a state from dissolving away into is bills.
This is the only place in America where some fireman dreams of being a millionaire by age 55...and probably will do it.