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California Hit Parade Rolls On: Atwater Scrambles to Avoid Bankruptcy

EdinNola Wrote: Sep 29, 2012 10:45 AM
If you believe Bush had ANYTHING to do with our current worldwide financial crisis, you owe it to yourself to go to www.gov-truth.com and download "Siren's Song - America's Betrayal". It may be the most important thing you can read today. Spread the truth. Pass this site along to your friends. [Rev. 3 - 9/28/12 is now online]

The California hit parade keeps on rolling as yet Another California city scrambles to avoid bankruptcy.

Atwater, a city of roughly 28,000 in California's Central Valley, may declare a fiscal emergency as soon as next week, but it is trying to avoid becoming the fourth California city to file for municipal bankruptcy this year, its mayor said.

Under California law, a local government must either declare a "fiscal emergency" or go through a 60-to-90 day confidential...

Related Tags: Bankruptcy