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Another California city with Democratic Mayor files for bankruptcy

Posted by B. Daniel Blatt at 1:44 am - August 2, 2012.
Filed under: Big Government Follies,California politics

As I returned home last night, found this story leading the news on Yahoo!’s home page:

San Bernardino filed for bankruptcy protection on Wednesday citing more than $1 billion of debts and making it the third California city to seek protection from creditors.

The city of about 210,000 residents 65 miles east of Los Angelesdeclared a fiscal crisis last month after a report said local government had tapped out its reserves and projected spending would top revenue by $45 million in the fiscal year that began on July 1.

The filing, made in the United States Bankruptcy Court, Central California District, states that the city has “more than $1 billion” in liabilities, and estimated that it has between 10,001 and 25,000 creditors.

The article’s author Tim Reid didn’t mention the name or political affiliation of the Mayor.  So I googled “San Bernadino Mayor” to learn that Patrick Joseph “Pat” Morris is “currently the mayor of San Bernardino, California” and “a a member of the Democratic Party.”  That information came up right away.  Wonder why Mr. Reid left it out.

Oh, and Morris just happens to be an appointee of once and current California Governor Jerry Brown who had tapped his fellow partisan to serve on the “San Bernardino County Superior Court in 1976.”

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4 Comments

  1. “We tried our plan – And it worked!” – President Barack Hussein Obama

    Comment by JDFRotten — August 2, 2012 @ 1:56 am - August 2, 2012

  2. Leftists I engage on-line always insist the culprit in California’s fiscal disasters is not irresponsible, profligate Government but unregulated capitalism and corporate greed.

    So, if they’re right, as soon as the last corporation leaves California, everything will be just fine.

    Comment by V the K — August 2, 2012 @ 7:23 am - August 2, 2012

  3. The dominoes are beginning to fall. California has long been the leader in many areas and civic bankruptcy is but the latest.

    Comment by Mary — August 2, 2012 @ 8:10 am - August 2, 2012

  4. It’s the potential for a domino-effect that fills me with dread. The only way out may be confiscatory tax-levels to raise cash, and rampant inflation to deflate the US dollar and their nominal debt-load.

    Comment by Ted B. (Charging Rhino) — August 2, 2012 @ 12:07 pm - August 2, 2012

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