the 2012 trivial drivel thread

[HairOfTheDog]

I see Gov Brown is still making noise out of his feeding hole. So do you think they'll just close the towns?

Nah, I don't think the people living in the towns will notice much difference in the short term. Spending over budget; not only a national problem, but a state and regional one as well.

Some of these citiies' lenders will probably get a portion of what's owed to the them depending on the bankruptcy filings. They may lend less in the future. I'm guessing here; I really don't know what it means other than the cities either can't pay what they owe or don't want to do so. Some controversy over the books.