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Video: Stockton Isn’t The Only California City Ready To Go Bankrupt
Tags: Brian Calle, John Seiler, Katy Grimes, Steven Greenhut Comments(8) |
May 19, 2013
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Video: Stockton Isn’t The Only California City Ready To Go Bankrupt
Tags: Brian Calle, John Seiler, Katy Grimes, Steven Greenhut Comments(8) |
Let all the RAGWUS feeding cities, counties, and schools all go bankrupt, their greed gives them what they deserve, nothing.
PACK n SHIP!
The SKY FELL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LOL…They didn’t work for any of those gold plated multi million dollar pensions and other benefits and I won’t lose a wink of sleep when they take 50-60% cuts.
Thanks Brian, now I finally know how to pronounce your last name
As for the government sector drones whining about their evaporating pensions all I have to say is WELCOME TO THE REAL WORLD SUCKERS!
Unfortunately, Stockton has announced that it will not ask for pension relief in its’ bankruptcy. Like Vallejo, Stockton said it would be too expensive. But compared to the cost of not obtaining pension relief, that excuse will not fly. The decision to forego pension relief is simply a “conflict of interest”. The Stockton staff still believes in the impossible dream.
Sooner or later the pension cancel request will be brought beofre the court- and they WILL be canceled, as they were in Central Falls RU
BTW-Vallejo’s unfunded pension liabilities are growing every year, there will be a point in the near future where they will not be paid (in full or part) for lack of funding, like Prichard AL.