http://www.irishcentral.com/topics/bankrupt+cities IrishCentral bankrupt cities en-us http://www.irishcentral.com/story/news/from-the-right/chicago-mayor-calls-teacher-strike-one-of-choice-when-is-it-time-for-parents-and-children-to-get-a-choice-170106796.html http://www.irishcentral.com/story/news/from-the-right/chicago-mayor-calls-teacher-strike-one-of-choice-when-is-it-time-for-parents-and-children-to-get-a-choice-170106796.html Mon, 17 Sep 2012 04:32:20 PDT Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ tableMsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 54pt 0in 54pt; mso-para-margin:0in; mso-para-margin-bottom: READ MORE ]]> http://www.irishcentral.com/story/news/from-the-right/as-californias-cities-go-bankrupt-will-they-emerge-safer-164513236.html http://www.irishcentral.com/story/news/from-the-right/as-californias-cities-go-bankrupt-will-they-emerge-safer-164513236.html Tue, 31 Jul 2012 04:31:15 PDT The world is paying attention to California's cities as they start to topple like dominoes into bankruptcy  Many of them are reeling from a deflation in real estate values which saw their sources of revenue shrink  But due to long term deals they made while they were flush, they have not been able to reel back on spending outlays in order to adjust to the new economic realitiesSports stadiums, boat harbors, new municipal buildings, fleets of brand new vehicles and  generous labor contracts with their unionized municipal employees have brought them to their knees economically READ MORE ]]>