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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
GFY's Halfpint
Industry Role:
Join Date: Jun 2007
Location: UK
Posts: 15,223
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California City Files For Bankruptcy
well I never thought i would see US citys go bankrupt
![]() A federal judge has ruled that Stockton, California will be allowed to enter bankruptcy. The city, located near San Francisco and home to 300,000, is the largest yet in the US to file for bankruptcy, marking a new low point in a trend sweeping California. US Bankruptcy Judge Christopher Klein ruled Monday that Stockton would be allowed to begin reorganizing its debt in order to continue carrying out ?its obligations to its citizens on fundamental public safety as well as other basic government services.? Next, city officials must win the judge?s approval for a specific adjustment plan that allows them to adjust financial debts held by Wall Street creditors who have fought Stockton?s bankruptcy claim and, in the opinion of Judge Klein, acted in bad faith. ?The creditors got a big black eye today,? attorney Karol Denniston, who helped draft bankruptcy legislation for city officials, told the Los Angeles Times. ?Now the stage is set for the real dogfight.? http://rt.com/usa/stockton-bankruptc...s-largest-191/ |
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#2 | |
Too lazy to set a custom title
Industry Role:
Join Date: Oct 2006
Location: Vancouver
Posts: 30,986
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#3 |
Likes Pie
Industry Role:
Join Date: Dec 2007
Location: The land that liberated porn
Posts: 12,402
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is this a late aprils fools thing?
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#4 |
GFY's Halfpint
Industry Role:
Join Date: Jun 2007
Location: UK
Posts: 15,223
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#5 |
Likes Pie
Industry Role:
Join Date: Dec 2007
Location: The land that liberated porn
Posts: 12,402
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#6 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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I'm actually shocked this doesn't happen more often. Most cities are run by people who are not really qualified to run them so it is a wonder more of them don't end up in bankruptcy.
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#7 |
Biker Gnome
Industry Role:
Join Date: Mar 2004
Location: cell#324
Posts: 23,201
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all the regulation involved in running a business in California has caused a lot of businesses to pack up and leave
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that |
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#8 | |
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Join Date: Mar 2003
Location: San Diego
Posts: 32,174
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#9 |
So Fucking Banned
Industry Role:
Join Date: Oct 2007
Posts: 6,748
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#10 |
Confirmed User
Join Date: Jan 2007
Posts: 2,695
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Looks like cali needs to get into Pot Commerce and use tax from marijuana to pay off the debts
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best cbd oil uk - Hit me up on ICQ 400607632 |
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#11 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
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#12 |
Webmaster
Industry Role:
Join Date: Jun 2004
Posts: 14,295
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Llooking good if you are one of these people.:
http://database.californiapensionref...ttable=calpers FOR. FUCKING. LIFE. |
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#13 |
Industry Role:
Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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Sell city to OCP and problem solved
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