Rev 6:5,6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"
“Against all odds, the frameworks of the world’s economic, political, and social systems are being shaken and are beginning to crumble.”
-Jim Bakker in “Prosperity and the Coming Apocalypse”
California cities are increasingly considering filing for bankruptcy or even folding after San Bernardino became the third California city in the last month to seek bankruptcy protection. Multiple cities have been slashing budgets and employee salaries in an attempt to reign in debts.
Michael Coleman, fiscal policy advisor for the California League of Cities, warns that bankruptcy might not be the only thing happening in the near future.
“Some cities…may dissolve,” he told the LA Times. “They may cease to exist.”
San Bernardino may have to dissolve their fire department and/or police department because public safety accounts for 75% of the city’s budget. The city would then be forced to contract with county and state agencies to provide essential emergency services.
Rising pension costs were given as a major reason for the bankruptcy filings in California and the trouble with pending cities.
This is so sad because there are such nice people who live in san bernardino california. My family lived in california when my husband was in the military >(marines). We are slowly disappearing as a nation.