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  1. 05-17-2010, 10:04 PM #1
    AirborneSapper7
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    Experts: More Local Cities Will Be Forced into Bankruptcy

    Experts: More Local Cities Will Be Forced into Bankruptcy

    Monday, 17 May 2010 08:29 AM

    By: Dan Weil

    Harrisburg, Pa., officials have raised the idea of declaring bankruptcy, and don’t be surprised if other financially strapped cities begin to contemplate the same idea.

    Harrisburg, Pennsylvania’s capital, has missed $6 million in debt payments since Jan. 1.

    Its City Council brought in experts to explain the ramifications of bankruptcy at a recent meeting.

    “There is no good option,â€
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  2. 05-17-2010, 10:14 PM #2
    uniteasone
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    Amazing turnout. First the citizens of the USA have to file bankrutcies and lose homes and autos, then corporations and now it is cities and next will be states to file bankruptcy.

    But we still keep funding the migration of illegal aliens and supporting them.
    "When you have knowledge,you have a responsibility to do better"_ Paula Johnson

    "I did then what I knew to do. When I knew better,I did better"_ Maya Angelou
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