Member since Jan 2010
San Bernadino, from suburb to basket case (Posted on 11/14/12 at 5:54 am)
Welcome to Democrat America. Wasn't AFL-CIO boss Richard Trumka a special guest at the WH yesterday? Probably would tell the city residents to eat cake. _________________________________________________
"Yet on close examination, the city's decades-long journey from prosperous, middle-class community to bankrupt, crime-ridden, foreclosure-blighted basket case is straightforward — and alarmingly similar to the path traveled by many municipalities around America's largest state. San Bernardino succumbed to a vicious circle of self-interests among city workers, local politicians and state pension overseers."
"In bankrupt San Bernardino, a third of the city's 210,000 people live below the poverty line, making it the poorest city of its size in California. But a police lieutenant can retire in his 50s and take home $230,000 in one-time payouts on his last day, before settling in with a guaranteed $128,000-a-year pension. Forty-six retired city employees receive over $100,000 a year in pensions."