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Common Ground Common Sense > Issues that Affect Our Lives > Job Market, Fiscal, and Economic Policies
Snuffysmith
City of Houston is Bankrupt (So are California, Oregon, and Pension Plans in General)

Houston, we have a problem. We are bankrupt.

That is the finding of Bob Lemer, CPA, Retired Partner at Ernst & Young; Aubrey M. Farb, CPA, Retired Partner at Grant Thornton; and Tom Roberts, CPA, Retired Partner at Fitts Roberts.

http://globaleconomicanalysis.blogspot.com...upt-so-are.html
bigtom
QUOTE(Snuffysmith @ Oct 28 2009, 10:12 AM) *
City of Houston is Bankrupt (So are California, Oregon, and Pension Plans in General)

Houston, we have a problem. We are bankrupt.

That is the finding of Bob Lemer, CPA, Retired Partner at Ernst & Young; Aubrey M. Farb, CPA, Retired Partner at Grant Thornton; and Tom Roberts, CPA, Retired Partner at Fitts Roberts.

http://globaleconomicanalysis.blogspot.com...upt-so-are.html



This is interesting considering that the current city controller is running for mayor...
I will let you know if I hear anything on local news at all...
graham4anything
now if the US during bushies years had been smart

should have had blanket immunity and citizenship for all who was here

the gazillions just from taxes of those kind gentle souls alone would create a utopia

instead people just hate
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