Tuesday, July 10, 2012

WTF: City of Scranton now Bancrupt




In today's news the city of Scranton, Pennsylvania is down to it's last $5,000 to pay it's employees.  The city has a 16.8 million dollar deficit that is either going to be filled by taxation or austerity measures.  This story follows more municipal bankruptcies similar to Stockton, California.

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