"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Apocalyptic Debt Crisis In America: 63 Of America’s Largest 75 Cities Are COMPLETELY BROKE
Submitted by Melinda L. Secor on Mon, 2019-02-04 01:00
"According to a recent analysis of the 75 most populous cities in the United States, 63 of them can’t pay their bills and the total amount of unfunded debt among them is nearly $330 billion. Most of the debt is due to unfunded retiree benefits such as pension and health care costs. That means those depending on that money, likely won’t see a dime of it."
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
http://www.informationliberation.com/?id=6333520 weeks 4 days ago
-
“Madness is something rare in individuals — but...24 weeks 5 days ago
-
I wouldn't be surprised to learn that it's some kind...24 weeks 5 days ago
-
And they're just the ones that got caught.24 weeks 5 days ago
-
The fruits of Marxism: Complete and total insanity.36 weeks 2 hours ago
-
Fortunately, he now has the money and the influence to not n...1 year 2 weeks ago
-
Look at the timing. They don't want CIA/MI6 funded...1 year 2 weeks ago
-
So that everyone responsible -- and those who would sue or p...1 year 8 weeks ago
-
Hey, don't you know that the word "unprecedented...1 year 10 weeks ago
-
Reminiscent of Cuba.1 year 10 weeks ago
more