tag:blogger.com,1999:blog-14874528.post6954969004159555327..comments2024-03-27T13:32:06.780-02:30Comments on The Other Side of Eighty: How The Bankruptcy of Harrisburg, Pennsylvania Affects Me, Personally.Wisewebwomanhttp://www.blogger.com/profile/15281689872840844191noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-14874528.post-79662672779912304372010-02-06T13:24:21.061-03:302010-02-06T13:24:21.061-03:30It's funny this Jo, as I'm currently writi...It's funny this Jo, as I'm currently writing on the major mistakes other cities have made in this unstoppable and catastrophic expansion which can only mean unpayable debt and the destruction of the infrastructure of cities. <br />And the Fearless Leaders, as you say, will dispose of the little people rather than cut back on their own astronomical salaries.<br />XI<br />WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-67046240994883596972010-02-06T00:53:03.103-03:302010-02-06T00:53:03.103-03:30I do find it utterly mind boggling that a city or ...I do find it utterly mind boggling that a city or state can be bankrupt, but I can see how it can happen. (particularly if the authority has investments that then go bad - a huge number of UK local authorities had issues when money that they had invested ended up in Icelandic banks which then went under)<br /><br />I feel sorry for the folk who live there - they will end up having higher taxes (which will inevitably hit the worst off the most), and the city is likely to have to make people redundant - and I can't imagine that the high flying execs are going to do themselves out of a job when there's all those binmen and social workers who aren't necessary...Johttps://www.blogger.com/profile/17965300148218903639noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-51824270530488258952010-02-05T14:55:27.682-03:302010-02-05T14:55:27.682-03:30I think that governments are too terrified of lett...I think that governments are too terrified of letting us know what's really going on, Annie. It it totally the emperor wearing no clothes.<br />Even out here where we're rolling in money, all the plans are for EXPANSION rather than RETRENCHING. <br />I'm in town from 14th - 28th of this month, what is your schedule like. Are you on FB?<br />Xo<br />WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-75649876678612877362010-02-05T14:15:10.084-03:302010-02-05T14:15:10.084-03:30Bankruptcy is the coming thing at both the state a...Bankruptcy is the coming thing at both the state and municipal levels in the USA, and probably here too. In some cases mismanagement, but in a lot of cases just the next round of the current economic breakdown. I suspect that Harrisburg is as much a victim of "Wall Street and all the banks, law firms, advisers and consulting firms" as <a href="http://www.bloomberg.com/apps/news?pid=20601039&sid=ahSJgzIBbboA&refer=home" rel="nofollow">Jefferson County, Alabama</a> (soon-to-be largest US municipal bankruptcy).<br /><br />Don't bother changing banks, they're all involved one way or another. We are so screwed. <br /><br />So fahgedda boutit, enjoy that good grub while you can, we is all gonna die...<br /><br />Speaking of grub, when are we doing lunch again? 8-DAnniehttps://www.blogger.com/profile/03787701515460812026noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-56057893896209337592010-02-05T12:41:13.183-03:302010-02-05T12:41:13.183-03:30Oh T:
Were there ever words as true as Dickens. An...Oh T:<br />Were there ever words as true as Dickens. And to think that a garbage incinerator started poor Harrisburg on the slippery slope of destitution! I'm going to write for the local paper on this subject of garbage, we are literally and figuratively drowning in it.<br />Re Hburg Bfast:I'm going back to when the kids were younger and American service (still is, I suspect) was so much better than Canadian.<br />And I so agree on that abomination called 'continental'. <br />XO<br />WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-84215318790622723932010-02-05T12:07:52.051-03:302010-02-05T12:07:52.051-03:30(Forgot to say Dickens' Mr. Micawber)(Forgot to say Dickens' Mr. Micawber)Twilighthttps://www.blogger.com/profile/14138621610593773784noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-50884718952897430032010-02-05T12:06:53.532-03:302010-02-05T12:06:53.532-03:30Bad, inefficient management is a fact of life in t...Bad, inefficient management is a fact of life in the US these days.<br />I don't fully understand the situation to be honest....all I can think of to comment is to quote Dickens' <br /><i>"Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery." </i><br /><br />Hope difficulties won't affect you personally though, WWW.<br /><br />Wish we could find a motel like the one you describe with yummy breakfast on offer instead of the terrible cardboard bread and pastries of the average "continental" breakfast on offer in motels generally. I often wonder which "continent" they refer to! ;-)Twilighthttps://www.blogger.com/profile/14138621610593773784noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-38397108692385806842010-02-05T11:27:45.463-03:302010-02-05T11:27:45.463-03:30Laura:
Maybe I'll be a stakeholder (though min...Laura:<br />Maybe I'll be a stakeholder (though minescule!) in Harrisburg yet. LOL.<br />XO<br />WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-17380418581870956002010-02-05T11:26:50.951-03:302010-02-05T11:26:50.951-03:30Nick:
Oh I think it far too big to do that, but I ...Nick:<br />Oh I think it far too big to do that, but I really wonder what other US cities it has as trustee. But it does make one wonder if banks are safe at all and where does one put one's monthly stipend? <br />Anyone got gold to sell?<br />XO<br />WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-30440330681737934822010-02-05T11:24:33.009-03:302010-02-05T11:24:33.009-03:30More than ever, GSW, what happens at the extreme o...More than ever, GSW, what happens at the extreme outskirts of the world affects us all.<br />XO<br />WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-86286677738686180062010-02-05T10:44:55.703-03:302010-02-05T10:44:55.703-03:30Change banks while there's still time WWW!
Wo...Change banks while there's still time WWW!<br /><br />Wow, what if Harrisburg ends up being repossessed?<br /><br />And by what?The Poet Laura-eatehttps://www.blogger.com/profile/07779308486569849157noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-83296059196480197962010-02-05T05:36:34.168-03:302010-02-05T05:36:34.168-03:30Wow, are you saying your bank TD may go bankrupt b...Wow, are you saying your bank TD may go bankrupt because of the Harrisburg insolvency? Does that mean you might lose a lot of money? All these financial connections between different organisations are scary. When one goes down, you can get a massive domino effect.nickhttp://nickhereandnow.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-28543540018782191962010-02-05T02:24:31.110-03:302010-02-05T02:24:31.110-03:30It's a small, interconnected world after all, ...It's a small, interconnected world after all, isn't it? Scary!Irenehttps://www.blogger.com/profile/05043376053971475659noreply@blogger.com