Thursday, May 27, 2010

Is Miami Ready To Go Belly Up?

The city of Miami is in such financial dire straits that a commissioner is using the "B" word, bankruptcy.

You might want to read this article, as there may be other cities in or near the same position. The cities will start raising funds one way or another... cutting workers, cutting pay, changing contracts, eliminating services, and of course raising taxes and fees. They will need to begin this soon as they are running out of money.

Keep your eyes open...

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