Man, this Stockton bankruptcy thing is quite the mess.
The city of Stockton in California’s crop-abundant Central Valley has the second-highest foreclosure rate in the nation and one of the highest crime and unemployment rates. It was named America’s most miserable city in a national magazine — twice.
Of course, this is a loaded issue full of politics and rhetoric. One scan of the comments area of this particular article will give you an idea of what I mean.
California re-elected every single incumbent in 2010 ..the majority of voters of California are the dumbest on earth..Liberals have destroyed the state from the environmentalists to the sanctuary cities for illegal immigrants ..its also the highest taxed state in the nation ..Central California has 25% unemployment because the idiots cut the water to farmers because it endangered a fish…the people voted to raise the gas tax so now gas is at 4.30 a gallon ..they just made it illegal to throw a frisbee or football on the beach…
And the best reply to this I’ve read so far:
Ya got nice weather and…nice weather!
So, what can Sacramento do (or continue to do) to avoid finding itself in a similar situation? Build a new arena for a professional basketball team?