Posts Tagged ‘Vallejo’More CA cities should declare bankruptcyFriday, March 8th, 2013 March 8, 2013 By John Seiler Last year, three California cities declared bankruptcy: Stockton, San Bernardino and Mammoth Lakes. Atwater nearly did. Mammoth Lakes lost a lawsuit. But for the other cities -- as well as for the Vallejo bankruptcy in 2008 -- what the cities basically are sayin... CA suffers 3 of 8 “most miserable” citiesSaturday, February 23rd, 2013Feb. 23, 2013 By John Seiler In Forbes' new ranking, three of the eight "most miserable" cities in the United States are in California: Modesto (No. 5 worst), Vallejo (No. 6) and Stockton (No. 8). Cities were graded on such factors as "crime rates, foreclosures, taxes, home prices, commute tim... Bankruptcy Series: What are the alternatives to bankruptcy?Monday, November 12th, 2012Editor’s Note: This is the Ninth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 12, 2012 By Tori Richards It was 1975 and New York City was running out of cash. Its excessive spending and lack of financial oversight created a $14 billion debt, wit... Bankruptcy Series: Cities on a future spending spreeFriday, November 9th, 2012Editor’s Note: This is the eighth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 9, 2012 By Wayne Lusvardi Are the staggering forecasted public pension obligations facing state and local governments in California the result of overspending or unde... Special Series: The pros and cons of municipal bankruptcyThursday, April 12th, 2012Editor’s Note: This is the sixth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. April 12, 2012 By Tori Richards What’s better for a cash-strapped municipality: filing for bankruptcy or struggling to survive without any clear solution to a massive de... Special Series: Local Governments Face Bankruptcy QuandaryFriday, March 16th, 2012Editor’s Note: This is the third in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 16, 2012 By JOHN SEILER Bankruptcy is the boogeyman haunting governments across America. It’s not a question of if more cities will file for bankruptcy, but how ma... Special Series: Broke Municipalities Look to Bankruptcy OptionFriday, March 9th, 2012Editor’s Note: This is the second in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 9, 2012 By STEVEN GREENHUT Economist Allan Meltzer once quipped that “Capitalism without failure is like religion without sin. It doesn’t work.” Americans hav... Vallejo Is DyingSunday, January 23rd, 2011 John Seiler: Newsweek listed the Top 10 cities in America that are dying. No. 1 is New Orleans, in the wake of Hurricane Katrina. No. 2 is Vallejo, which has suffered more than any other city from the Schwarzenegger Decade of misgovernment. Vallejo has suffered more even than Detroit and sever... |