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Politics : The Obama - Clinton Disaster
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To: Hope Praytochange who wrote (61604)12/9/2011 2:02:09 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (2) of 103300
 
"Alabama county files biggest municipal bankruptcy."

Yep!

(Been following that particularly sad saga for a decade or so....)

Corrupt / incompetent local government + dishonest Wall Street slicksters = municipal bankruptcy.

Same formula as the previous record holder, Orange County.
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