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San Bernardino The Latest Cali City To File For Bankruptcy.


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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.


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