Wednesday, March 02, 2011

Government Waves The White Flag

Governments are waving the white flag. They simply can't continue the current spending.

Boise County files for bankruptcy
In a move rare in the United States and perhaps unprecedented in Idaho, Boise County is filing for federal protection against a multimillion dollar judgment.

“This was not our first option. This was our last option,” said Jamie Anderson, chairwoman of the three-member Boise County Board of Commissioners. “This protects us so we can continue to operate.”

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