What do Vallejo, Mammoth Lakes, Stockton and now San Bernardino have in common?
They’re Fornicalia cities that have become bankrupt as, unlike your glorious federal government which can, they cannot print their own money.
People say: “no, the economy really isn’t that bad. Mr Obama really isn’t that bad.”
Within the next year you’re about to wake up one morning and discover you have no private health insurance, your sales taxes are akin to Spain’s, and your arse is bleeding from its federal pounding.