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CptBengal
USA Fan
BR Baby
Member since Dec 2007
46402 posts

Liberal Utopia Update: San Bernadino files for bankruptcy

quote:

San Bernardino, California, filed for municipal bankruptcy after disclosing a $46 million shortfall in the city’s budget, the third California city to seek court protection from creditors since June 28.


quote:

“All of our vital service bills will continue to be paid,” Morris said. “We are going to keep our city services running.”

San Bernardino, a city of 209,000 about 60 miles (97 kilometers) east of Los Angeles, listed assets and debt of more than $1 billion in a filing yesterday with the U.S. Bankruptcy Court in Riverside, California.
I hope they can pay their bills, other cities from Liberal Utopia haven't fared so well.
This post was edited on 8/2 at 2:54 pm



buckboudreaux
LSU Fan
west monroe
Member since Jul 2004
812 posts

re: Liberal Utopia Update: San Bernadino files for bankruptcy
next......gonna see a lot of this.......A LOT.....


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