Tag Archives: municipal bankruptcy

Debating the Puerto Rico Debt Crisis

  Contributed by Ed The Puerto Rican debt crisis is a complex web with many different threads.  Any solution to the crisis will involve ripples that will leave winners and losers everywhere.  These ripples will be felt for cities like … Continue reading

Rate this:

Posted in Contributed by 'The Ed', Our Political Economy | Tagged , , , , | 15 Comments

Even Majority Rule Can’t Dictate Economic Reality

(photo credit) By Jeff Rutherford Fourteen months ago, Detroit filed the biggest municipal bankruptcy ($18B) in U.S. history.  Other big government bankruptcies in the billions of dollars are:  Jefferson County Alabama (Nov 2011, $4B), Orange County California (Dec 1994, $2B), … Continue reading

Rate this:

Posted in Freedom and Responsibility, Our Political Economy, Progressive Paradoxes | Tagged , , , , , , , , , | 2 Comments