[SeekAndFind]

Philadelphia might be next.

See here:

http://globaleconomicanalysis.blogspot.com/2013/04/philadelphia-5th-largest-city-in-us-is.html

Philadelphia, 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss Asset Sales

[RC one]

Taxpayers better not have to foot this bill.

[Buckeye McFrog]

I’m convinced the plan was that they were all going to get Federal bailouts in a second Obama term.

He thought he would have rolled the Pubbies on the sequester and have an open checkbook by now. But since he SCROOOOOOD the pooch on that they are now up the creek.

[Parley Baer]

“Philadelphia, 5th Largest City in US is Effectively Bankrupt”

From what I understand Los Angeles is not in to good of shape either.