As We Collectively Stick Our Heads In The Sand
The Debt That Drove America Is Now Shutting America DownNewspaper circulation may be worse than it looksRising unemployment taxes could hinder hiring
For years California has courted a reputation as an eco-friendly, green-minded leader, but the state now finds its most basic program of recycling beverage bottles and cans mired in debt and litigation.
California Portland Cement Plant - 3/4 of Workforce?
Hamilton County School Board - Considers Job Cuts
Gov. Christie New Jersey - Budget Cuts may equal Layoffs
City of Newburgh - Further Layoffs Need
Southern Oklahoma Resource Center - Job Cuts Planned
Saturn of Route 422 Youngtown Road
Save-A-Lot Grocery Store in Portland
2 Law Libraries in Morris and Sussex State Courthouses
Sara Lee Corporation Closing Greenville Bakery
ALL OF THESE CLOSURES WILL CAUSE COMMERICAL PROPERTY VALUES TO CRASH WHICH WILL CAUSE TAX RECEIPTS TO EVAPORATE
Landmark skyscrapers, signature hotels and upscale retailers glitter in the San Francisco skyline and enhance its cachet. But with commercial real estate slumping, they soon may subtract badly needed cash from the city's coffers.
Collectively, those office towers, hotels, shopping centers and apartment buildings have an assessed value of $21.25 billion - but their owners say they're worth about half that amount. If those claims stand, that could wipe $115.78 million off the property taxes the city collects.
The potential property tax reductions come at the worst possible time for a city already grappling with budget cuts and deficits. San Francisco's controller warned last week that the city faces a potential half-billion-dollar deficit in its next fiscal year.
CUTS WILL ONLY CAUSE MORE CONTRACTION WHICH WILL CAUSE MORE CUTS........