7/12/2012

LA Times: More CA Cities On Brink. Some May Cease To Exist.

Posted by Brian

Stockton. Mammoth Lakes. Vallejo. San Bernardino.

California cities are falling like dominos to bankruptcy.  Once the "Golden State", California has become the "entitlement state" due to decades of liberal policies, and kowtowing to public sector unions like SEIU, the California State Teacher's Association (CSTA), and the Prison Guards Union (CCPOA).

Falling for the liberal myth that "there's plenty to go around for everybody", Californian's and the cities the live in are being hit upside the head with a dose of fiscal reality.  Aware that it's citizens are already stretched to the breaking point financially, cities are having to look at the only other options available, which are cutting services, or cutting salaries to government employees.  As most government employees are unionized, cutting salaries have been impossible without union concessions - and many unions are not willing to make those concessions.  With their backs against the wall, many cities are taking a serious look at turning to the courts. This is not to say that the city governments are blameless in this whole mess. Nor the residents.  Everybody has wanted to have their cake and eat it too. Californian's have voted for all of their goodies and a plethora of taxes and other fees through California's ballot initiatives, including the High Speed Rail in 2010, in spite of a looming fiscal crisis. They have elected the same big spending liberals, state and local, year after year. Well the bills have come due, and there is no money.

For Californians who have not,  and may never have, had a chance to see Greece, it's possible that you have brought Greece-like austerity measures to your state.

OPA!


Rising costs push California cities to fiscal brink 
Throughout the state, local governments are slashing services to avoid bankruptcy. For some, it's too late.

By Phil Willon, Catherine Saillant and Abby Sewell, Los Angeles Times July 12, 2012 Facing the same financial stressors that pushed San Bernardino toward bankruptcy, cities across California are slashing day-to-day services and taking other drastic actions to skirt a similar fiscal collapse.

For some, it may not be enough.
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