Bankrupt San Bernardino seeks renegotiation of Calpers debt

Comments (4)
morbas wrote:

Municipalities stagnation will continue as long as the Municipality and State revenue base is disproportionately burdened on the lower 80% income groups. With a Federal Government centralized banking system, the States and Municipalities are burdened with a restictive revenue in times of economic recession. We need to achieve balance with a Nationalized Revenue system. Over the course of 50 years the government has become increasingly partisan, with the filibuster rules used to stop all congressional legislation (regardless of popularity). SO instead of resolving the problem, the government is using convenience of Artistocracy raiding pensions, al-a bain outsourcing strategy. Citizen, we have the rights of representation and can demand a limited representational convention. Between now and the next congress, we would directly perform the House of Representatives vote on any bills presented. This should have happened when the dissaproval rating of Congress was 7/8th, but the governors we asleep at the switch.

Nov 20, 2012 9:13am EST  --  Report as abuse
Willie12345 wrote:

The state and city governments have given the unions everything they’ve wanted…….and now it’s time to pay the piper. Let the states and cities go bankrupt and walk away from the debts they so foolishly compiled.

Nov 20, 2012 10:46am EST  --  Report as abuse
morbas wrote:

@Willie12345, You do realize that online comments are public, are forever your record, and will dog you forever. We are citizens of a United Nation, freedom is not free, our burden of united we stand.

Nov 20, 2012 11:59am EST  --  Report as abuse
eatingdogfood wrote:

Democrats + Unions = Bankruptcy !!!

Nov 20, 2012 9:34pm EST  --  Report as abuse
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