In response to:

5th Largest City in US is Effectively Bankrupt

howard194 Wrote: Apr 18, 2013 10:51 AM
the west coast of washington state... the seattle area and corridor up and down the I-5. lefty's are running the show there and californians are fleeing the disaster in their state, but the pure economic momentum of the logging, shipping, technology, aerospace, tourism, agriculture industries are a hard for the liberal elitists to squash, but they're wroking on it day and night. i'd lived there for nearly 7 years and enjoyed the boeing boom in unlimited OT for us contract engineers. relocated to south carolina about a year ago, which has the low country (charleston) and upsate area (greenville) on the upswing.
Colonialgirl Wrote: Apr 18, 2013 1:50 PM
Well the left wing "greenies" have effectively KILLED the logging industry in Washington State and Oregon, Seattle as a seaport is slowly sinking beneath the waves. With all the lailifornia lefties moving north soon those two states will be nothing but cesspools of liberalism as they spread their disease of stupidity.

You know a city is in deep trouble when its mayor invites Wall Street but not the press and not private citizens to a closed meeting to discuss the future, including a sell-off of city assets.

Philadelphia Mayor Michael Nutter, whose municipality has the lowest credit rating of the five most-populous U.S. cities, did just that.

My translation: Philadelphia is bankrupt. However, that easily discernible fact will of course be denied until it officially happens.

Please consider Philadelphia Holds Closed Meeting With Wall Street

Philadelphia Mayor Michael Nutter,...