The first California town to file for bankruptcy. - GoFuckYourself.com

fluffygrrl · 05-07-2008, 01:45 PM

http://www.mercurynews.com/breakingnews/ci_9178294

I guess that other thread about how we've hit the bottom of the crisis and all was entirel correct eh pornguy ? ;)

2012 · 05-07-2008, 01:50 PM

Quote:

Originally Posted by fluffygrrl

http://www.mercurynews.com/breakingnews/ci_9178294

I guess that other thread about how we've hit the bottom of the crisis and all was entirel correct eh pornguy ? ;)

ADL Colin · 05-07-2008, 01:58 PM

Quote:

Originally Posted by fluffygrrl

http://www.mercurynews.com/breakingnews/ci_9178294

I guess that other thread about how we've hit the bottom of the crisis and all was entirel correct eh pornguy ? ;)

More stupidity. I don't know about this situation in the news in particular but we've followed this a bit in Florida over the past few years and as property tax revenues went up when housing values were skyrocketing budgets were being increased without any regard to what would happen if values decreased and tax revenue followed. I bet Florida has a lot of problems coming like this.

CyberAgeGary · 05-07-2008, 02:08 PM

I remember Orange County filed for bankruptcy a while back, but they bounced back pretty good.

fluffygrrl · 05-07-2008, 02:14 PM

Quote:

Originally Posted by CyberAgeGary

I remember Orange County filed for bankruptcy a while back, but they bounced back pretty good.

They went bankrupt on a flatline and then bounced back on the housing boom, if I recall. They're pretty much toast atm.

marketsmart · 05-07-2008, 03:06 PM

Quote:

Originally Posted by fartfly

that guys in shoehorn and chio's band...

GrouchyAdmin · 05-07-2008, 03:13 PM

I watched O Tannenbaum and was taken aback in all of it's glory.

How he kept from shitting himself, I'll never know.

$5 submissions · 05-07-2008, 03:33 PM

Orange county filed for BK a few years ago if I remember correctly. Didn't have anything to do with property values though--just bad investments by a dude named Citron.

B O B · 05-07-2008, 03:36 PM

Quote:

Originally Posted by CyberAgeGary

I remember Orange County filed for bankruptcy a while back, but they bounced back pretty good.

I think LA Mike moved into town and saved them all with his taxes...

05-07-2008, 01:45 PM	#1
fluffygrrl So Fucking Banned Join Date: May 2006 Posts: 2,187	The first California town to file for bankruptcy. http://www.mercurynews.com/breakingnews/ci_9178294 I guess that other thread about how we've hit the bottom of the crisis and all was entirel correct eh pornguy ? ;)

05-07-2008, 02:08 PM	#4
CyberAgeGary Confirmed User Join Date: Jul 2004 Location: Los Angeles Posts: 2,869	I remember Orange County filed for bankruptcy a while back, but they bounced back pretty good. __________________ 13 solid years strong. http://www.CyberAge.com-http://www.CyberSexNetwork.com http://www.UGAS.com-http://www.NastyCash.com. Tri-Tech Internet Services. We are here for you! Email For Info

05-07-2008, 03:13 PM	#7
GrouchyAdmin Now choke yourself! Industry Role: Join Date: Apr 2006 Posts: 12,085	I watched O Tannenbaum and was taken aback in all of it's glory. How he kept from shitting himself, I'll never know. __________________ AIM: GrouchyGfy

05-07-2008, 03:33 PM	#8
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Orange county filed for BK a few years ago if I remember correctly. Didn't have anything to do with property values though--just bad investments by a dude named Citron. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants