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"Bankrupting" Public Unions

JamesMadison_Is_Back Wrote: Apr 02, 2012 1:30 AM
Eventually "Unions" will collapse as the money will dry up or be devalued through the Federal Reserve. The founders wanted limited government. Check out the website below: www.constitutionliberty.com Sign up for the Newsletter! Thanks.

Distressed cities are finally doing what they should have been doing long ago, declaring bankruptcy to force concessions from public unions. Numbers are still a trickle, but at soon as a major city such as Oakland or LA selects that option, we will likely see a torrent of municipal bankruptcies.

At a packed, two-day conference on municipal woes sponsored by Michael Stanton, the publisher of The Bond Buyer Distressed Cities Discuss Bold Tactics in a New Fiscal Era.

The conference was devoted to a discussion of the strengths and weaknesses of the more powerful tools being used in many...

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