Thursday, July 12, 2012

Bankruptcy, Bankruptcy, Bankruptcy, Race to the Bottom.‏


San Bernardino California is bankrupt.

Mammoth Lakes California is bankrupt.

Stockton CA is Bankrupt.

Scranton PA is in a race to the bottom.  All City Employees now make minimum wage.

It is good news everywhere you look.  Corporate America sends all the jobs overseas (which is a good thing according to them…..  It helps the economy).  Meanwhile back in the real world all the tax revenue dries up and this is the result.

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