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16 US Cities Facing Bankruptcy If They Don't Make Deep Cuts In 2011
Business Insider ^
| December 21, 2010
| Gus Lubin and Leah Goldman
Posted on 12/21/2010 4:17:16 PM PST by Zuben Elgenubi
2011 will be the year of the municipal default. At least that's what analysts like Meredith Whitney predict, as do bond investors that have been fleeing the muni market.
There are many reasons to be worried. First, the expiration of Build America Bonds will make it harder for cities to raise funds.
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy; Local News
KEYWORDS: 0bamasfault; bankrupt; bankruptcy; bonds; broke; cities; debt; deficit; obamasfault; pension; pensions; spending; unions
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To: RegulatorCountry
You are touchy today, need a hug?
21
posted on
12/21/2010 4:50:05 PM PST
by
1rudeboy
To: flowerplough
2011 will be the year of the municipal default.
2012 will be the year several states default?
Yep. Because Democrats will never cut expenses. They only look to tax.
To: 1rudeboy
You are touchy today, need a hug? Definitely Pashtun for you.
To: Frantzie
TV keeps the idiots who watch confused and docile. Or, it makes former viewers so insane that they continually post the same message endlessly on Free Republic.
24
posted on
12/21/2010 4:51:53 PM PST
by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: RegulatorCountry
Why? Did a Pashtun man leave you for another man? Or a goat, maybe?
25
posted on
12/21/2010 4:53:15 PM PST
by
1rudeboy
To: Windflier
I think Network has aired a few times on TV. Maybe it made a deep impression, lol.
To: Brilliant
There’s going to be a lot of angry armed cops in 2011 and 2012.
To: 1rudeboy
I’ll just leave you to marinate in your fetid imagination, rudester.
To: RegulatorCountry
I think Network has aired a few times on TV. Maybe it made a deep impression, lol. An impression like a ten ton metal stamping press to the brain.
29
posted on
12/21/2010 4:55:31 PM PST
by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: Zuben Elgenubi
If anyone is looking for evidence that Democrats don’t know how to govern, just show them this list. Amazing.
30
posted on
12/21/2010 4:56:10 PM PST
by
Rocky
(REPEAL IT!)
To: Windflier
Or, it makes former viewers so insane that they continually post the same message endlessly on Free Republic. LOL
To: RegulatorCountry
And I’ll relish the fact that I scored a point, Regulator.
32
posted on
12/21/2010 4:56:22 PM PST
by
1rudeboy
To: Zuben Elgenubi
33
posted on
12/21/2010 4:57:51 PM PST
by
anglian
To: Zuben Elgenubi
Wimpy has eaten a lot of hamburgers and now it’s Tuesday.
34
posted on
12/21/2010 5:00:08 PM PST
by
JPG
(A new sheriff is on her way and she's ready to cleanup Dodge.)
To: Zuben Elgenubi
Dan Diego turned red this year.
To: Rocky
It is obvious to decent people that liberals “unintended consequences” are devastatingly massive.
What I wonder about is, who will they blame?
Because, they will NEVER blame themselves.
And next is, who will believe them when they next try to squirm out of the implosion that will come?
36
posted on
12/21/2010 5:04:20 PM PST
by
TruthConquers
(Delendae sunt publicae scholae)
To: Zuben Elgenubi
“Dan” - San. I hate when that happens.
To: Zuben Elgenubi
Hadn’t thought of it that way. Wouldn’t miss the city politicians, though, so have at em.
To: Zuben Elgenubi
Vallejo, California is not on the list.
39
posted on
12/21/2010 5:09:54 PM PST
by
DFG
(1 useless man is called a disgrace, 2 are called a law firm, 3 or more are called Congress)
To: 1rudeboy
Why would you blame NSFTAS?
.
Blame unions and lawyers and teachers
NAFTA pays for its self
40
posted on
12/21/2010 5:12:37 PM PST
by
bert
(K.E. N.P. N.C. D.E. +12 .....( History is a process, not an event ))
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