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Thursday, February 4, 2010

Not a Good Sign When your State Capitol Considers Bankruptcy as a "Viable" Option

From the article:
"Harrisburg, the capital of Pennsylvania, will consider Chapter 9 bankruptcy protection along with tax increases and asset sales as options to address $68 million in debt service payments due this year, the chairwoman of a City Council committee said last night."
Sign of the times.... I would have thought the Governor Ed Rendell (D-PA) could gotten his hands on some of that free money Obama and Congress spent in "Porkulus"....

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