Stockton Goes Bankrupt!

Another great moment in liberal Democrat history.

Stockton, California will seek bankruptcy protection after negotiations with unions over benefits and worker’s pay failed to avert insolvency by the city. But because of laws passed by California liberals aimed at entitling government union workers to inflated pay and benefits under most circumstances, look for more cities in California to seek the same remedy. 

If you weren’t horrified by the case in made in Madison, Wisconsin over union wages and benefits causing massive state and local budget deficits, you should be scared by the example in Stockton.