[yldstrk]

I bet you dollars to donuts Kansas City is on the same path

[pepsionice]

Here’s the blunt truth. Out of the top twenty cities in America....all are in some sort of financial ailment. I would probably say that fifteen are ten years away from being a Detroit, and the remaining five are probably twenty years away.

Personally, I don’t see how you avoid this unless you stop the pension and healthcare cost spiral by city management folks.

I would also recommend that all folks sit down and read the Detroit Free Press examination of how Detroit came to this end-point...posted about a week ago on their site. There were signs in the 1980s...when property values started to slide and folks were leaving town (for the burb’s). If they had reacted then....they would have pushed the bankruptcy back another decade or two. If you see that your town’s population has peaked, property values are slipping for a 2nd consecutive year....you need to trim city cost and prepare for a dry-spell.