Another city bites the dust!
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Another city bites the dust!

  1. #1
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    Default Another city bites the dust!

    Hope & Change at it's finest. 3 cities in 2 weeks, here in the land of the liberal dumbasses!


    San Bernardino votes to file for bankruptcy protection - latimes.com

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    LP-25.com Infomaniac's Avatar
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    Who are their creditors? Local businesses?
    If For Some Reason I Do Something Worthy Of Recognition. God Provided The Ability And Deserves The Credit.


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    Senior Member Boss460's Avatar
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    Quote Originally Posted by Infomaniac View Post
    Who are their creditors? Local businesses?

    Municipal bondholders.

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    Quote Originally Posted by Infomaniac View Post
    Who are their creditors? Local businesses?
    Unfortunately, they will be affected. I refuse to do any work with the local municipalities or the state, for this reason alone. They have the balls to state in their contracts, that if they do not have the money, I must relieve them of payment.

    I told the Dept of Consumer Affairs recently, to kiss my ass on a contract renewal, and the dumb bitch almost fell out of her chair.

    It's starting leaches, look out for your pensions.
    Last edited by regor; 07-11-2012 at 11:24 AM.

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    Senior Member Boss460's Avatar
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    Quote Originally Posted by regor View Post
    Unfortunately, they will be affected. I refuse to do any work with the local municipalities or the state, for this reason alone. They have the balls to state in their contracts, that if they do not have the money, I must relieve them of payment.

    I told the Dept of Consumer Affairs recently, to kiss my ass on a contract renewal, and the dumb bitch almost fell out of her chair.

    It's starting leaches, look out for your pensions.
    Sounds about par for the course when it comes to government.

    Meanwhile, in the private sector, I occasionally have to submit company financials to some of our larger customers (big chains). Now why on earth would someone hand over financial records to a customer you ask? Because they are checking for solvency in their suppliers. If you supply someone like McDonald's with a product, expect them to make sure your company is on solid ground if you ever want a chance at their business.

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    Red Blooded American The Doctor's Avatar
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    Public employee's unions must be willing to assume much of this responsibility as retirees are earning more than many private sector active employees do today. That's simply unsustainable and any conservative could've seen this coming a half century ago. Of course liberals only care to see their own situation as the future is somebody else's problem.
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    Quote Originally Posted by Boss460 View Post
    Sounds about par for the course when it comes to government.

    Meanwhile, in the private sector, I occasionally have to submit company financials to some of our larger customers (big chains). Now why on earth would someone hand over financial records to a customer you ask? Because they are checking for solvency in their suppliers. If you supply someone like McDonald's with a product, expect them to make sure your company is on solid ground if you ever want a chance at their business.
    Imagine that! The public sector lives in a F"ing dream world, that is finally coming to an end.


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    Already miss the 310/562 2manymustangs's Avatar
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    WAIT, you mean to tell me you CAN'T spend your way out of debt??? Whodathunkit???


    Where are those U.C. economics professors, they have some splaining to do...
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    Red Blooded American The Doctor's Avatar
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    It's way beyond a catastrophe at this point. The city let things go way too far before taking bankruptcy measures and now they don't have enough money to pay their own water bill.
    San Bernardino bankruptcy: Only $150,000 left in bank accounts - latimes.com
    The best things in life aren't things!

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    I'm sure we all agree it is now time to cut off foreign aid and start American state aid......Foreigners can fuck off we need to keep America going

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    Dogma's a bitch. 1stepcloser's Avatar
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    This is where Z, RTI and the like will be blamed for thier selfish ways and bloated retirement plans bankrupting the cities.
    para informacion en espanol, regresar a mexico.
    Concern for the poor is not socialism.




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    VOTE! RodnJen's Avatar
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    Quote Originally Posted by regor View Post
    Hope & Change at it's finest. 3 cities in 2 weeks, here in the land of the liberal dumbasses!


    San Bernardino votes to file for bankruptcy protection - latimes.com
    So you are saying every city council member for the last 30 years has been a liberal?

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    Dogma's a bitch. 1stepcloser's Avatar
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    Quote Originally Posted by zombie View Post
    I'm sure we all agree it is now time to cut off foreign aid and start American state aid......Foreigners can fuck off we need to keep America going
    I agree with you absolutely!

    Except we too are in debt up to our rooftops. Lets hope China doesnt call in its markers...
    para informacion en espanol, regresar a mexico.
    Concern for the poor is not socialism.




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    Quote Originally Posted by RodnJen View Post
    So you are saying every city council member for the last 30 years has been a liberal?
    I'm pretty sure he is blaming President Obama (a "liberal dumbass") for the general state of economic health and the decline in income and the snowball effect it has had on smaller economies, thereby causing this as well as other cities' current and pending woes.
    para informacion en espanol, regresar a mexico.
    Concern for the poor is not socialism.




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