re: #255 tradewind
That’s probably a safe bet./
O/T: Just saw that another CA town is contemplating bankruptcy. How the heck does that work? ’ The town’s broke, just deal? ‘… do they shut down all the city services?
No, towns have special part of the bankruptcy code called Chapter 9. Basically, California towns are contemplating bankruptcy as a way to get out of union contracts and pension obligations they can no longer afford.