Standard & Poor's said weak practice deprived small Russian towns of funding.

Oct 16, 2012 | Posted by: roboblogger | Full story: The St. Petersburg Times

In a recent comedy sketch show, a police officer forks over the pay raise that he hid from his wife after she hears President Vladimir Putin announce the increase on TV.

Comments
1 - 5 of 5 Comments Last updated Oct 19, 2012
Small Town America UGX

Manahawkin, NJ

#1 Oct 16, 2012
Such efficiency. No wonder the small towns in Russia never improve. No one knows where the money went.
sunshine

United States

#2 Oct 16, 2012
New Jersey economy came in 47th in nation for 2011
http://www.northjersey.com/news/157389895_New...

New Jersey’s unemployment rate was 9.1 percent in April, a full percentage point above the national rate.
sunshine

United States

#3 Oct 16, 2012
Camden to scrap police department amid budget woes
http://www.foxnews.com/politics/2012/08/24/ca...
Crime-ridden Camden, New Jersey - often referred to as the most dangerous city in the United States—is getting rid of its police department.

In the latest example of a cash-strapped municipality taking drastic measures to deal with swollen public sector liabilities and shrinking budgets, the city plans to disband its 460-member police department and replace it with a non-union “Metro Division” of the Camden County Police.

Backers of the plan say it will save millions of dollars for taxpayers while ensuring public safety, but police unions say it is simply a way to get out of collective bargaining with the men and women in blue.
Alan Greenspam

United States

#4 Oct 18, 2012
Obviously, no one slipped S&P enough under the table to boost those little towns' bond ratings to AAA.

Read my new book:

"Give the system a chance, eventually it'll self-regulate."

Since: Aug 12

Brewster, NY

#5 Oct 19, 2012
sunshine wrote:
New Jersey economy came in 47th in nation for 2011
http://www.northjersey.com/news/157389895_New...
New Jersey’s unemployment rate was 9.1 percent in April, a full percentage point above the national rate.
New Jersey has one of the highest tax rates in the Nation that stunts economic growth.

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