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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (73815)7/23/2010 8:54:39 PM
From: Snowshoe  Read Replies (1) of 74559
 
Haim, I'm well aware of the financial problems with US state and local governments. We're going to see a lot more stories like this about taxpayers revolting against bloated budgets...

Calif. town outraged to learn of officials' pay
news.yahoo.com

BELL, Calif. – Residents in this modest blue-collar Los Angeles suburb where one in six lives in poverty were angry: Their city manager was getting paid more than President Barack Obama and the police chief more than the commander of the nearly 13,000-member LAPD.

They demanded and got the manager, the chief and another high-salaried official to resign.
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