Friday, September 22, 2006

Woe is them, Part VI

In 2003, a whistle-blower forced San Diego to
reveal that it had been shortchanging its city
workers' pension fund for years, setting off a wave
of lawsuits, investigations and eventually criminal

The mayor ended up resigning under a cloud.
With the city's books a shambles, San Diego remains
barred from raising money by selling bonds. Cut off
from a vital source of cash, it has fallen behind
on its maintenance of streets, storm drains and
public buildings. Potholes are proliferating and
beaches are closed because of sewage spills.
...and a shit storm is on the way. Other states have
similar problems.

Full article.