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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (2054)6/29/2012 1:03:06 AM
From: Honey_Bee  Read Replies (1) | Respond to of 3605
 
Yes, and LA may not be far behind. I'm not really sure what it means when cities go bankrupt. I guess that gives them the right to make cuts, but I notice that they cut the meat, not the fat.

By "meat," I mean, police, fire dept, libraries and first responders.

In San Jose, they are laying off police so that they can continue the obscene pensions on those who have retired.