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Day: May 30, 2009
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George Rebane Harbingers of the coming wave of city bankruptcies just keep popping up. No one will have an excuse when we all march into the sunset merrily singing ‘On the Way to Vallejo’. A recent three-way email exchange with two local leading and knowledgeable citizens – who prefer to remain nameless – started with highlighting…
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George Rebane What’s good for General Motors is good for America. That was ground truth for decades. And it may still be, now that GM is preparing to announce that it has, with a nudge from the feds, entered Chapter 11 proceedings. Let’s think this out. America is broke, it can’t meet its financial obligations…
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