In response to:

Stockton Was Murdered

Chip. Wrote: Apr 03, 2013 11:42 PM
This would really make a good story if it detailed the causes of the financial imbalance. Merely citing the ratio of people dependent on the government versus those who work in the private sector, and the fact that the largest debt is to public pensions, does not account for any of the events that led to this imbalance. So I am just left wondering the cause. Was it the forced relocation of delta water from farms to smelt fish lowered farm income and ability to pay taxes, and led to more unemployment? Was it poor spending choices? Or was it all just the pension liability? How about delivering a nice pounding broadside.
PhillupSpace2 Wrote: Apr 04, 2013 1:23 AM
Right on Chip! Terry seems to know where SOME of the bodies are buried, having written about this city a couple of years ago!

The availability of more and more, cheaper and cheaper farm labor due to continued immigration should have offset any increase in energy prices; the Farms should have prospered. And just how much have they been hurt by the cost of money?
Were a rational person given the assignment to search this planet to find the best place for human beings to live and build wealth, he might well settle on San Joaquin County, Calif.

That is where Americans built a city called Stockton -- the municipality a federal bankruptcy judge just declared dead.

How did Stockton die? It was cold-blood murder.

San Joaquin County truly enjoys as many natural advantages as any place on Earth. It sits in the broad valley that lies between California's Coast Range and the Sierra Nevada. Two massive navigable river systems -- the Sacramento and the San...