The Shaky Case for State Bailouts
Governments should prepare for emergencies by cutting spending during flush times.
Bankrupt Cities
Illinois Hoping Citizens Drink State's Debts Away with Statewide Soda Tax
Skyrocketing costs, financial crisis make the Land of Lincoln very thirsty.
Terrible Returns Keep California's Public Pension Bomb Growing
And don't forget that massive wage increase coming!
Adelanto: The Desert Town Turning From Prisons to Pot to Save Itself From Bankruptcy
Can marijuana transform a struggling local economy reliant on prisons, alternative energy, and predator drones?
Residents Abandoning Chicago: Is It Following in Detroit's Footsteps?
Illinois' sources of revenues are leaving as government employees keep demanding more, more, more.
San Bernardino Police Abuse Victims May Get Screwed Over by Bankruptcy
Families could end up with just pennies on the dollar.
Stephen Reed, the Mayor Who Believed Unrestrained Government Spending Can Revive Troubled Cities, May Be Heading to Prison
Harrisburg's former "mayor for life" is indicted on corruption charges.
San Bernardino Firefighters Wedgied by Their Own Petards
Resistance to cutbacks to recover from bankruptcy may result in outsourcing.
Fresh Out of Bankruptcy, City Announces Multimillion-Dollar Housing Project
Stockton has apparently learned nothing from its embarrassing financial boondoggle.
Why the Stockton California Bankruptcy Ruling Can't Stop Public Sector Pension Reform
A federal judge approved Stockton's bankruptcy exit plan which punts on pension debt. But other cities are free to tackle the problem, and they must.
Judge Rules Stockton's Pensions May Be Cut in Bankruptcy
A major blow against the sanctity of public employee pensions in California
Detroit's Bankruptcy Trial Kicks Off
Judge to determine whether reorganization plan will work
The Answer to Detroit's Problems: Rich Guys Calling Each Other to Discuss Their 'Neat' Ideas
J.P. Morgan "rolls up its sleeves" and gets to work in saving Detroit.
Detroit Retirees Get a Bailout; Detroit Residents the Shaft
Last week's bankruptcy deal was a missed opportunity to restructure the city's insane pension system
Detroit to File Restructuring Plan Next Week
To explain how it plans to get out of bankruptcy
Detroit Bankruptcy Judge Allows Suit over Officer's Death to Proceed
She was killed by her husband, who was also a police officer, and subsequently killed himself
Rick Snyder's Artless Bailout Plan For Detroit
It'll set a bad precedent while preventing a deep restructuring
Banks Agree to Debt Deal with Detroit
Will cut $55 million from contract that is immune to bankruptcy re-negotiations
Detroit May Sue Banks to Get Better Debt Deal
Over controversial credit swap meant to deal with pension problems
New Detroit Mayor to Share Power with Emergency Manager
He will be given berth to manage bankrupt city's day-to-day operations
Driving a Motor City Revival
Detroit can only improve from here, if city officials change a lot of bad habits and policies.