How many of these cities are run by democrats? How many of the states that are going under are also run by democrats? Inquiring minds want to know.
http://finance.yahoo.com/tech-ticker/16-u.s.-cities-that-could-face-bankruptcy-in-2011-535744.html
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
Ronald Reagan
http://finance.yahoo.com/tech-ticker/16-u.s.-cities-that-could-face-bankruptcy-in-2011-535744.html
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
Ronald Reagan