Thursday, December 9, 2010
What if NYS cities and towns band together for Municipal Bankruptcy
What if Kingston and about 20 other NY State cities, towns, and school districts banned together to request Municipal Bankruptcy? Do you think the unions and elected state officials would take notice then? In other words, all the municipalities and school districts are now held hostage by NYS teacher and municipal unions. We could ban together to break this stranglehold that the unions have on the NYS taxpayers. Mark my word, it will come to that. We cannot go on like we are. The taxpayer suffering with unfunded pensions and unbridled pay increases will escalate. Face reality and take action, since the current union contract conditions point to a very bleak future for our children and grandchildren.