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Oakland Published a Report Saying the City Is on the Brink of Bankruptcy
Hotair ^ | 11/26/2024 | John Sexton

Posted on 11/26/2024 8:58:50 PM PST by SeekAndFind

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1 posted on 11/26/2024 8:58:50 PM PST by SeekAndFind
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To: SeekAndFind

Hire more democrats for city hall. /s


2 posted on 11/26/2024 9:16:44 PM PST by drypowder
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To: SeekAndFind

They better figure it out because their state is broke and trump isn’t going to save them


3 posted on 11/26/2024 9:16:46 PM PST by cableguymn (They don't want peace they want skeletons )
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To: SeekAndFind

4 posted on 11/26/2024 9:17:17 PM PST by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and His mercy endureth forever. — Psalm 106)
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To: SeekAndFind

When a city goes bankrupt every elected official in city government should be forced to resign and not run for one term.


5 posted on 11/26/2024 9:26:44 PM PST by wildcard_redneck
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To: SeekAndFind

i’m guessing that the overtime crisis is because they can’t attract qualified cops and firefighters who know they won’t be supported by the administration of this shithole city ...


6 posted on 11/26/2024 10:06:44 PM PST by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: SeekAndFind

Plans to pay out Reparations are hardest hit...


7 posted on 11/26/2024 10:16:15 PM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: SeekAndFind

So, they go under.
WHO would take them over, maybe the Chinese?
Have to remember that in addition to being a crap-hole it is also a PORT!


8 posted on 11/26/2024 10:56:13 PM PST by Ex gun maker. (Free thinking is now a radical concept, I will not be assimilated by PC or EV group-think!)
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To: cableguymn

I’ll just suggest more than forty California cities on the same path, and half of them will be asking the state for help by the end of 2025. If you are a retired state/local employee...best be prepared for half of your pension to go away.


9 posted on 11/26/2024 11:34:06 PM PST by pepsionice
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To: All

https://oaklandside.org/2024/11/26/oakland-facing-possible-credit-rating-downgrade/


10 posted on 11/26/2024 11:41:28 PM PST by SteveH
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To: SeekAndFind
I recall from some older post, here, that Oakland was paying the trash truck guys, 6 figures. Otherwise, the "great" thing about Oakland, CA, is the crime.
Oakland crime is out of control, so city spends money on recycling inspectors.

11 posted on 11/26/2024 11:43:06 PM PST by linMcHlp
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To: SeekAndFind

Peoples Republik of Kalifornia at its best!


12 posted on 11/27/2024 2:11:44 AM PST by SMARTY (In politics, stupidity is not a handicap. Napoleon Bonaparte I)
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To: SeekAndFind

Have your officials who sent you into bankruptcy make up the difference from their own pockets. They created. Otherwise, FO.


13 posted on 11/27/2024 2:25:57 AM PST by WKUHilltopper
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To: SeekAndFind

The constant stream of federal money to prop up blue states esp kali is coming to an end, and that has been the only thing propping kali.


14 posted on 11/27/2024 3:02:15 AM PST by blitz128
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To: SeekAndFind
All of the state is in TERRIBLE fiscal situation, which one may easily understand with a simple look to California's "public servant" retirements.

All pensions 19,535,321 records found

While voters have been dazzled with "look, a squirrel," behind the scenes this has been going on for years and years.

15 posted on 11/27/2024 4:56:27 AM PST by Worldtraveler once upon a time (Degrow government)
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To: SeekAndFind

Imagine my shock that a city run by corrupt Democrats has money problems.


16 posted on 11/27/2024 4:59:53 AM PST by AppyPappy (If Hitler were alive today and criticized Trump, would he still be Hitler?)
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To: Ex gun maker.

They can balance the budget by leasing the city to China for a while.

The crime rate would go way down....a miracle.


17 posted on 11/27/2024 5:00:13 AM PST by cgbg (It is time to pull the Deep State out of the mass media--like ticks from a dog.)
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To: SeekAndFind

“Not coincidentally, the spike in crime started right after Oakland voted to defund the police in 2021 but cutting $17 million from the budget. “

Hire English majors next time. Or run it through AI


18 posted on 11/27/2024 5:01:18 AM PST by AppyPappy (If Hitler were alive today and criticized Trump, would he still be Hitler?)
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To: cgbg

China would allow the crime to go even higher because they don’t have to deal with it. Think of it as being like an outhouse. When the hole gets full, you move the outhouse then all you have is a hole full of shiite. Eventually, it becomes dirt. Businesses leave and the only thing left is the criminals. They prey on each other until they leave. Then comes the “gaytrification”.


19 posted on 11/27/2024 5:07:13 AM PST by AppyPappy (If Hitler were alive today and criticized Trump, would he still be Hitler?)
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To: SeekAndFind

It seems that the lib cities are doing everything possible to commit suicide.


20 posted on 11/27/2024 5:08:12 AM PST by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
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