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Re: Stockton California, Population 292,000, Takes Steps Toward Bankruptcy, City Manager Says

By: capt_nemo in ROUND | Recommend this post (0)
Sat, 25 Feb 12 10:57 AM | 56 view(s)
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Msg. 39158 of 45651
(This msg. is a reply to 39157 by Decomposed)

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I imagine we will be seeing more.............Just got in a nice nite ride to taco bell 75 miles round trip LOL, mmmmmmm good. No rain.Now,,,,,,,,well rain LOL




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Re: Stockton California, Population 292,000, Takes Steps Toward Bankruptcy, City Manager Says
By: Decomposed
in ROUND
Sat, 25 Feb 12 8:42 AM
Msg. 39157 of 45651

re: "and in this case the city manager has decided it should be the bondholders who suffer"

It IS the bondholders who should suffer. At least Stockton is doing the responsible thing.


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