Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 17,359
I am putting this here because it will become political....
Surprised nobody else has posted..
http://www.nytimes.com/2012/03/17/b...-AD-OB-TXT-RTREMNT-ROS-0312-NA&WT.mc_ev=click
"When the city manager of troubled Stockton, Calif., had to tell city council members why it was on track to become the biggest American city yet to go bankrupt, it took hours to get through the list. "
"On it went, a grim drumbeat of practically every fiscal malady imaginable, except an obvious one: municipal pensions. "
An interesting article about California and pensions... I will bet this will be in courts for a long time once someone challenges CALPERS...
Surprised nobody else has posted..
http://www.nytimes.com/2012/03/17/b...-AD-OB-TXT-RTREMNT-ROS-0312-NA&WT.mc_ev=click
"When the city manager of troubled Stockton, Calif., had to tell city council members why it was on track to become the biggest American city yet to go bankrupt, it took hours to get through the list. "
"On it went, a grim drumbeat of practically every fiscal malady imaginable, except an obvious one: municipal pensions. "
An interesting article about California and pensions... I will bet this will be in courts for a long time once someone challenges CALPERS...