Dissolving Cities - Is this the Way Out?
Some cities in California are so bloated in debt and other problems they are considering dissolution.
Join the discussion below, or Read more at Mish's Global Economic Trend Analysis.
#1 Sep 12, 2010
This really doesn't seem like such a bad idea. The functions of that city would revert back to either the county or township. The end results would be a smaller overall government. The obvious downside is that esoteric local issues would be dealt with in a broader context.
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