‘A disaster in slow motion’: Wine country latest California region to face fiscal crisisWow. A county of far left millionaires is now in serious financial trouble because of overly generous pensions for public employees. Who would have guessed?
Thursday, May 30, 2013
Sonoma County, California: The Newest Financial Disaster
I'm sure that Sonoma County boosters are overjoyed to see this beautiful place getting media attention -- although perhaps not this May 29, 2013 Financial Post story:
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Chapter 9 Bankruptcy was enacted to address this problem of promises by governments that cannot be kept.
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