“What exactly happens when a city goes bankrupt? Do they lose the mayors house? Do the police have to turn in their cruisers? “
Well, in the case of Stockton, CA although a federal judge gave them the “authority” to give their unions a haircut, they didn’t, they just screwed all their bondholders. So now, when they need money, they will not have any resources for it. But what the hell, all “our beloved city employees” have been taken care of ( for the moment). California cities generally “devote” 75 to 80% of their tax incomes to cops and ffs.(doughnut munchers and those who eat till they’re sleepy and sleep till they’re hungry). I see our ff’s shopping in the most expensive market in town for food “for the house.”But when you’re making $200k a year to sit on your ass, you need good food, right?
As a County Commissioner and member of the counties negotiating committee, I highly and totally agree, public employees should NOT be unionized. Gov. Walker took care of part of the problem when Act 10 was implemented. The problem still exists in that non-management law enforcement personnel are still unionized. Our negotiations begin in two weeks.