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Largest U.S. city to go Bankrupt so far

Discussion in 'Current Events' started by lajikal, Aug 10, 2012.

  1. lajikal

    lajikal Registered User

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  2. OccupyWackbag

    OccupyWackbag Registered User

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    Let me guess... California?
     
  3. fletcher

    fletcher Darkness always says hello.
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    What gave it away, the title of the video?

     
  4. OccupyWackbag

    OccupyWackbag Registered User

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    I'm on a shitty work computer. All I see is a white box where the video should be. I just figured it was California because that state is a great example of what happens when liberals are in charge and that whole state is pretty much going to shit.

    But at least they will have a nice new bazillion dollar high speed rail to ferry people between shanty towns.
     
  5. whiskeyguy

    whiskeyguy PR representative for Drunk Whiskeyguy.

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    Stockton also has the worst unemployment numbers in the entire country. Shit's fucked yo.
     
  6. Neckbeard

    Neckbeard I'm Team Piggy!

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    Percentage of Stockton, California, Hispanic or Latino 40.3
    Asian Percentage, 21.5 Percent
    Black Percentage, 12.2 Percent
    Two or More Races, 6.9 Percent

    Drumroll Please....
    Non-Hispanic White...22.9 percent.
    http://quickfacts.census.gov/qfd/states/06/0675000.html

    Breakdown of the former largest municipal bankruptcy in America, Birmingham, Alabama...
    [TABLE="width: 80%"]
    [TR="class: shaded2"]
    [TD]Black persons, percent, 2010 (a)
    [/TD]
    [TD]73.4%
    [/TD]
    [TD][/TD]
    [/TR]
    [/TABLE]

    It is really easy to blame "liberals" but I don't see Stockholm or Oslo declaring bankruptcy.
     
  7. Konstantin K

    Konstantin K Big League Poster

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    I'm going to reserve judgement until I hear what Nick Diaz has to say about this.
     
  8. Psychopath

    Psychopath Plata O Plomo

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    stockton!
     
  9. Hack Hawk Down

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    Greece says hello.

    So does Spain.


    By the way, if you want to talk about race and economic performance what you should be looking for is Indians (dots not feathers) and Asians.

    Higher earners than whites despite being immigrants.
     
  10. Ballbuster1

    Ballbuster1 In The Danger Zone...
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    Commiefornia. What a surprise. :icon_roll
     
  11. Hack Hawk Down

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    That's what they get for electing a Republican Governor from 2003-2011 :action-sm
     
  12. Ballbuster1

    Ballbuster1 In The Danger Zone...
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    I don't give a fuck who they elected governor. They still wanna give
    away the ranch and the dog to everyone. Real life doesn't work that way.
     
  13. MagicBob

    MagicBob Registered User

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    meh, what the "its california" brigade doesnt realize is that the city gov. isnt going broke due to any state policies.

    Stockton is about as economically depressed as you can get and not be Detroit. Unemployment way high. Housing prices took a MAJOR hit in the last 8-9 years... no on in their right mind would buy a house in the Stockton city limits right now. Businesses leaving. Sales of anything are (cars, gas, food, services, hotels room rentals) are way down. So tax revenues are way down. Calls for service for police and emergency services way up. Even when the housing boom was on there really wasnt a ton of room in city limits to do infill development, so there wasnt a ton of new tax revenue coming in then either. Its been a city on the decline since the late 70's.
     
  14. domelogic

    domelogic Registered User

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    I did not know a city the size of San Diego rid themselves of pensions for all but police and joined the rest of us in a defined 401k. I just cant understand why that isnt mandatory for every contract that uses our tax money.
     
  15. fletcher

    fletcher Darkness always says hello.
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    Its been over a decade since Ive been to Stockton and Ive never been to Detroit Rock City but to compare the two is a bit of an exaggeration.
     
  16. fletcher

    fletcher Darkness always says hello.
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    MagicBob is fat.
     
  17. MagicBob

    MagicBob Registered User

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    ok so its a liiiiiittttle bit of a stretch... but not toooo much. :D Downtown Stockton has been a hellhole for a long time. Its been shuttered store fronts for at least 30 years.

    Detroit is a friggin war zone.
     
  18. weeniewawa

    weeniewawa it's a man, baby!!!

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    Stockton is a gang infested dump that should be bombed

    nothing good has ever come out of this place.
     
  19. MayrMeninoCrash

    MayrMeninoCrash Liberal Psycopath

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    Stockton is a shithole. A couple months ago, they had a big grand opening to their new waterfront development and it was marred by a bunch of gangbangers shooting at each other in front of an expensive restaurant. Stockton definitely isn't on the scale of Detroit in size, but it is definitely on par in shittiness.
     
  20. MayrMeninoCrash

    MayrMeninoCrash Liberal Psycopath

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  21. Hudson

    Hudson Supreme Champion!!!!!
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    Scranton is circling the drain.
     
  22. Hack Hawk Down

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    Except that porn star Annie Cruz.
     
  23. Party Rooster

    Party Rooster Unleash The Beast

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    I believe the proper term is "forty acres and a mule." :icon_cool
     
  24. stevethrower

    stevethrower Got Sig?

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    Official News Release:

     
  25. stevethrower

    stevethrower Got Sig?

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    Oh an from an open letter from the Mayor...

    Good luck bro...

    http://www.crimemapping.com/map.asp...T,RO,SX,TH,VA,VB,WE&db=8/05/2012&de=8/11/2012
     

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