"...Earlier today, before I saw the Vallejo plan, I noted a number of Mayors discussing bankruptcy. Please consider LA Mayor Says "No Question You’ll See Some Cities Default"; Mayor Daley Says "I wouldn’t doubt it"; NY Mayor Goes After Public Pensions..."
at http://globaleconomicanalysis.blogspot.com/2011/01/vallejo-bankruptcy-plan-offers.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
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