[Oldeconomybuyer]

Stockton California bankruptcy: 'All that's left is sadness' for city state

[Deagle]

Sorry, but nothing like reality to change minds.

[Cicero]

They got what they voted for.

[Jane Long]

Lower taxes, increase tax incentives for businesses, do away with unions and cut benefits to illegals and see what happens, Stockton.

[Cicero]

Stockton Sports Arena

[NFHale]

Vote in more Democrats. See how well it works?

No sympathy here. “California, Rest In Peace” as the song says.

[Steely Tom]

Stockton bankruptcy: 'All that's left is sadness' for city...

"Let us continue to seek an America that is just and fair," Mr. Mondale said. "Tonight especially I think of the poor, the unemployed, the elderly, the handicapped, the helpless and the sad, and they need us tonight."

[MinuteGal]

The city of Stockton is the tail that wags the dog in San Joaquin county population-wise.

Voting Percentages for San Joaquin County in 2008 Presidential Election:

Obama.....54%
McCain.....44%
Other.....2%

Yup, the fact that you get what you vote for is right on the mark. Hardly even close in stuck-on-stupid Stockton. Mass delusion reigns supreme non-stop in California.

Leni

[samadams2000]

Thats not true..all the city has now is 10s of thousands of poor illegal aliens and their families.

[Buckeye McFrog]

The undervalued piece of the story...

The city has stopped making bond payments

This is going to have broad ramifications. The municipal bond market is going to dry-up because no one is going to take the risk of buying them anymore. This will have major repercussions for how local governments operate. It is also going to zap a lot of "the 1%" who were buying them to avoid taxes.

[AEMILIUS PAULUS]

STOCKTON DEMOGRAPHICS:The 2010 United States Census[12] reported that Stockton had a population of 291,707. The population density was 4,505.0 people per square mile (1,739.4/km²). The racial makeup of Stockton was 108,044 (37.0%) White, 35,548 (12.2%) African American, 3,086 (1.1%) Native American, 62,716 (21.5%) Asian, 1,822 (0.6%) Pacific Islander, 60,332 (20.7%) from other races, and 20,159 (6.9%) from two or more races. Hispanic or Latino of any race were 117,590 persons (40.3%).

Query: Did "Diversity" assist in the bankruptcy option?

[drypowder]

Anyone with a brain can figure what the demographic breakdown is in Stockton CA. That city is a real sh#t hole; gangs, drugs and crime. I'm not in favor of our military policing our streets but I surmise that's what it will take to cleanup that city.

[chris_bdba]

It is a preview what is about to happen to all of California.You can not continue to spend and spend after you have a shrinking income because there is not enough money to pay Democrats’ folly.

[chris_bdba]

It is a preview what is about to happen to all of California.You can not continue to spend and spend after you have a shrinking income because there is not enough money to pay Democrats’ folly.

[hinckley buzzard]

The working-class port city -- lived largely on credit during economic boom times. The city borrowed millions of dollars for ambitious, eye-catching projects in the mid-2000s. Up went a sports arena, hotel and promenade...

Stupid is as stupid does. The peons should flush the turds who did this, but they won't.

[<1/1,000,000th%]

Why don’t they just borrow the money like the state of Illinois does?