This is the current state of California. But you haven’t read about it in the LA Times or SF Chronicle. It’s being reported by the BBC and YouTube and by citizen journalists.
I’m not surprised the elitist mainstream newspapers are not reporting that 500 homes a day are foreclosed on in California now. But when will they?
“Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.”
Granted, the climate is nice and these tent cities are nothing new.
Now this: Vallejo, a suburban city outside of San Francisco faces a $16 million deficit in the 2008-2009 budget starting July 1 and unsuccessfully negotiated with its government employees including electrical workers unions for contract concessions through 2012. Public safety salaries comprise 74 percent of the city’s general fund budget.
John Riley, president of the International Association of Firefighters, said he is disappointed by the 7-0 vote to file bankruptcy. Any ideas Mr. Riley? How about you get the average benefits that the taxpayers of your community get? Not full-pay after 20 years of service and free medical for life.
Ask your average newspaper reporter if their benefits come close to that.
There will be no bail out for the “free” press, but I’d bet that there will be for these city service union employees. Just raise taxes.