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San Bernardino The Latest Cali City To File For Bankruptcy.


Rambler
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I cant help but to get a kick out of this. At first I thought it was because I was deranged for delighting in other peoples misery but then I realized that my motives aren`t so sinister after all. The sooner we realize that as communities, as States, and as a Nation that we can no longer accept spending more than we take in, the better off we will all be in the long run.

I guess raising taxes and borrowing more money is no longer an option for these cities. Pity.

http://www.latimes.com/news/local/la-me-0711-san-bernardino-20120711,0,5646419.story

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