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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (665148)	8/2/2012 12:44:08 PM
From: longnshort	1 Recommendation Respond to of 1573039

Another California city with Democratic Mayor files for bankruptcy Posted by B. Daniel Blatt at 1:44 am - August 2, 2012. Filed under: Big Government Follies, California politics As I returned home last night, found this story leading the news on Yahoo!’s home page: San Bernardino filed for bankruptcy protection on Wednesday citing more than $1 billion of debts and making it the third California city to seek protection from creditors. The city of about 210,000 residents 65 miles east of Los Angelesdeclared a fiscal crisis last month after a report said local government had tapped out its reserves and projected spending would top revenue by $45 million in the fiscal year that began on July 1. The filing, made in the United States Bankruptcy Court, Central California District, states that the city has “more than $1 billion” in liabilities, and estimated that it has between 10,001 and 25,000 creditors. The article’s author Tim Reid didn’t mention the name or political affiliation of the Mayor. So I googled “San Bernadino Mayor” to learn that Patrick Joseph “Pat” Morris is “currently the mayor of San Bernardino, California” and “a a member of the Democratic Party.” That information came up right away. Wonder why Mr. Reid left it out. Oh, and Morris just happens to be an appointee of once and current California Governor Jerry Brown who had tapped his fellow partisan to serve on the “San Bernardino County Superior Court in 1976.”