Slang's Anti-Singularity
  • Slanghome
  • Slangblog
  • Slangpuzzles
    • CurrentPuzzles
    • ScholarPuzzle
    • PastPuzzles

American Cities Teetering On The Edge

3/7/2012

1 Comment

 
I don't know about you, but this list from Business Insider indicates to me that things aren't quite as rosy as the market pundits would want us to believe. Call me a cynic, but I think they want us little investors to keep pumping our money in, while they rake off the creamy profits while our hard-earned cash pushes up prices. 

Then, when it truly becomes untenable, they'll already have their money out, while we take it in the shorts (no investing pun intended).

If your city is on the list, you have my sympathy. Though Chicago is not on the list, they bankrupted the future to pay for today.
In descending order, I give you the Ignominious Sixteen. And for you Detroit-bashers out there (that seems to be a sport), it is on the list, but not even top 5.

Without further ado:


16. San Diego, CA
Deficit through June 2012 : $73 million
Budget in FY2011:$2.85 billion

Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#san-diego-calif-1#ixzz1oRiuqRt8

15. New York City, NY
Deficit through June 2012: $2 billion
Budget in FY2010: $63.1 billion
Annualized gap: 2.1%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#new-york-city-2#ixzz1oRiomgEe

14. San Jose, CA
Deficit through June 2012: $90 million
Budget in FY2010: $2.7 billion
Annualized gap: 2.2%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#san-jose-calif-3#ixzz1oRizvh6W

13. Cincinnati, OH
Deficit through December 2012: $60 million
Biennial budget FY2009/2010:$2.5 billion
Annualized gap: 2.4%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#cincinnati-ohio-4#ixzz1oRj49UpM

12. Honolulu, HI
Deficit through June 2012: $100 million
Budget in FY2011:$1.8 billion
Annualized gap: 3.7%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#honolulu-hawaii-5#ixzz1oRj9W01S

11. San Francisco, CA
Deficit through June 2012: $380 million
Budget in FY2011: $6.55 billion
Annualized gap: 3.9%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#san-francisco-calif-6#ixzz1oRjHgawZ

10. Los Angeles, CA
Deficit through June 2012: $438 million
Budget in FY2011: $6.7 billion
Annualized gap: 4.4%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#los-angeles-calif-7#ixzz1oRjLxjg4

9. Washington, D.C.
Deficit through September 2012: $688 million
Budget in FY2011: $8.89 billion
Annualized gap: 4.4%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#washington-dc-8#ixzz1oRjUsBru

8. Newark, NJ
Deficit through December 2011: $30.5 million
Budget in FY2010: $677 million
Annualized gap: 4.5%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#newark-nj-9#ixzz1oRjam1Es

7. Detroit, MI
Deficit through June 2011: $85 million
Budget in FY2011: $3.1 billion
Annualized gap: 5.5%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#detroit-mich-10#ixzz1oRjpzS2I

6. Reading, PA
Deficit through December 2011: $7.5 million
Budget in FY2010:$120 million
Annualized gap: 6.3%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#reading-penn-11#ixzz1oRjvHW4d

5. Joliett, IL
Deficit through December 2011: $21 million
Budget in FY2010: $274 million
Annualized gap: 7.7%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#joliet-ill-12#ixzz1oRk0ZxB7

4. Camden, NJ
Deficit through December 2011: $26.5 million
Budget in FY2010:$178 million
Annualized gap: 15%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#camden-nj-13#ixzz1oRk8yTSI

3. Hamtramck, MI
Deficit through June 2012: $4.7 million
Budget in FY2011: $18 million
Annualized gap: 17%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#hamtramck-mich-14#ixzz1oRkDi7yh

2. Central Falls, RI
Deficit through June 2012: $7 million
Budget in FY2011:$21 million
Annualized gap: 22%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#central-falls-ri-15#ixzz1oRkK6WuQ

1. Paterson, NJ
Deficit through December 2011: $54 million
Budget for FY2010:$225 million
Annualized gap: 24%
Read more: http://www.businessinsider.com/americas-most-bankrupt-cities-2010-12#paterson-nj-16#ixzz1oRkSuY2P

1 Comment

Repugnant Republican Politics

12/22/2011

0 Comments

 
Proof positive politicians—especially Republican politicians—do not have the interests of the country in mind, only their own. Take a look at this quote from the Republican House leader regarding the payroll tax cut that is expiring at the end of the year. The President and the Senate ( both partisan sides, even), had agreed to a two-month extension. The Republican caucus in the House declined to even bring it to the floor for a vote, and shut down C-Span when questioned about it. Finally, succumbing to the political pressure, House Speaker John Boehner said at a news conference in Washington today his members decided to “do the right thing for the American people even if it’s not exactly what we want.”
Think about that statement. He blatantly and brazenly states what he wants is not what is right for the American people and it took immense pressure to make him and his cartel do what is right, what is good for the people he ostensibly represents rather than what he wanted. Dick. 
To hell with him, his caucus and "what they want." He was elected to represent, not dictate. If ever there spoke the need for a massive change in our political system, this is it.
0 Comments

    RSS Feed

    Author

    Just a guy out exploring the world. Former world-class never-was endurance runner.

    ​Hit me up, and we'll catch a beer or coffee in your town.


    Follow @slang4201

    Archives

    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    May 2021
    October 2020
    September 2020
    December 2019
    November 2019
    October 2019
    July 2019
    October 2018
    September 2018
    May 2018
    April 2018
    November 2017
    October 2017
    July 2017
    June 2017
    June 2015
    August 2014
    January 2014
    October 2013
    September 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    August 2011
    March 2011
    October 2010
    July 2010
    January 2009
    December 2008
    October 2008

    Categories

    All
    2011
    Alfama
    Alternate Energy
    Android
    Angela Sullivan
    Animals
    Antiques
    Apple
    Ash Canyon
    Astronomy
    AT&T
    Australia 2022
    Bailout
    Battery
    Bicycling
    Biometrics
    Books
    Brisbane
    Cairns
    Canary Islands
    Carrier Iq
    Carson City
    Cascais
    Centennial
    C Hill
    C-Hill
    Christmas
    Climate
    Clothing
    Coding
    Colorado
    Columbus
    Cramps
    Curiosity
    Dad
    Dardanelles Lake
    Dell
    Dick's Lake
    Dilbert
    Diving
    Eagle Lake
    Earworms
    Eating Problems
    Eclipse
    Economy
    Ecuador
    Education
    Eldorado Canyon
    El Valle
    Energy
    Errors
    Espionage
    Europe 2019
    Evi
    Fallon
    Family
    Fontanillis Lake
    Food
    Gamboa
    Garmin
    Geocaching
    Goals
    Google
    Google Earth
    Grouse Lake
    Hiking
    Inov8
    Investing
    Ipad
    Iphone
    Iron Mountain
    Lanzarote
    Legislatures
    Lisbon
    Mac
    Market
    Market Drop
    Mars
    Mctarnahan
    Medicine
    Microsoft Word
    Motivation
    Mountain Biking
    Moving Minutes
    Music
    Nevada Day
    Nfc
    Ohio
    Olympics
    Openoffice
    Opportunity
    Panama 2018
    Panama 2022
    Paper Airplane
    People
    Playa Coronado
    Politics
    Portugal
    Prison Hill
    Privacy
    Puts
    Puzzles
    Quito
    Race
    Rant
    Reno
    Retrospective
    Roosevelt
    Running
    Running Dynamics
    Saddest Cities
    Safe & Sober
    Science
    Scuba
    Shoes
    Shopping
    Sicily
    Sierra
    Sierra Canyon
    Sintra
    Slangsploration
    Snl
    Soccer
    Software
    Spasms
    Spirit
    Sullivan Canyon
    Svn
    Tahoe
    Tahoe Rim Trail
    Taormina
    Taxes
    Technology
    Transit
    Travel
    Trees
    Vba
    Velma Lakes
    Venus
    Verizon
    Violin
    Watches
    Weather
    Wolframalpha
    Words
    Wrestling
    Writing
    Xkcd
    Yawbe
    Yoga

This is ALL MINE, I tell you! copyright 2010-2022