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Why is Stockton Bankrupt? -- Utter Corruption --

Why is Stockton Bankrupt? -- Utter Corruption --

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A quick opinion type think piece about why my home-town, The City of Stockton, is declaring bankruptcy, thus causing problems for many, including retired city workers who now lose the retirement they worked hard for. Blatant corruption and it makes me sick to my stomach. This is the first I have written about Stockton's bankruptcy but I promise it will not be the last.......Indeed. Res Ipsa Loquitur.
.A.N.F.
Drew Kazinsky
westies209
A quick opinion type think piece about why my home-town, The City of Stockton, is declaring bankruptcy, thus causing problems for many, including retired city workers who now lose the retirement they worked hard for. Blatant corruption and it makes me sick to my stomach. This is the first I have written about Stockton's bankruptcy but I promise it will not be the last.......Indeed. Res Ipsa Loquitur.
.A.N.F.
Drew Kazinsky
westies209

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Published by: Andrew N. Farrens (Drew Kazinsky) on Jun 28, 2012
Copyright:Attribution Non-commercial

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05/27/2013

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galina sokolova added this note
Holy cow! I had no clue!
jwr47 added this note
Good report! This looks like just a new chapter to Gustavus Myers' "History of the Great American Fortunes". (His name is associated with the muckraking era of American literature. The watchdog function however does not seem to be working anymore in a world in which corruptcy is being spread on a global scale.)
Scribd added this note
Stockton, California has just become the largest U.S. city to file for bankruptcy due to the housing crisis and soaring pensions. This Scribd author and Stockton native, provides his own thoughts on a crisis that has become part of the national spotlight on economics and politics.
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