Posts Tagged ‘New York City’

PRI report examines bankruptcy as tool for struggling cities

Thursday, January 16th, 2014

The Pacific Research Institute has released a report that couldn't be more timely. "Going Broke One City at a Time: Municipal Bankruptcies in America" by economist Wayne H. Winegarden. buy a paper if (1==1) {document.getElementById("link4533").style.display="none";} One of Winegarden's ...

Picking mayors: When will L.A. voters be as smart as N.Y. voters?

Friday, February 8th, 2013

Feb. 8, 2013 By Chris Reed Despite some pension reforms and program cuts, the city of Los Angeles remains in difficult financial shape. A Jan. 24 Fitch credit-rating service analysis says the L.A. economy is rebounding, but that city leaders struggle to find the political will to deal with structu...

Bankruptcy Series: What are the alternatives to bankruptcy?

Monday, November 12th, 2012

Editor’s Note: This is the Ninth in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 12, 2012 By Tori Richards It was 1975 and New York City was running out of cash. Its excessive spending and lack of financial oversight created a $14 billion debt, with more...

Reforming Anaheim council representation

Monday, September 10th, 2012

Sept. 10, 2012 By Michael Warnken Sept. 10, 2012 Until the public shooting of two Hispanic men by local police just a month ago, Anaheim was mostly known for the Anaheim Angels, Gene Autry and Disneyland. Today, we are well aware it is not the happiest place on earth. Anaheim, like many other par...