3/30/12, "How Stockton, California Went Broke in Plain Sight. The new era of local government: Taxpayers can expect to pay more but get less." Steve Malanga, Wall St. Journal (scroll down on Buffalo site)
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6/26/12, "Californian city of Stockton faces bankruptcy," BBC
"The Californian city of Stockton looks set to become the largest US city to declare bankruptcy, after a deadline to make a deal with its creditors passed.
Stockton City Council is expected to vote on Tuesday night on whether to file for bankruptcy protection....
Mike Brooking, 50, a Stockton native and coffee shop owner, blames city officials. He says they paid people unreasonably generous pensions and medical benefits.
"They gave employees guaranteed healthcare when they're gone - and their families," Mr Brooking said.
"To people who worked there for one month! They couldn't afford it then. They can't afford it now. No-one else has those guarantees.
"The fact is that the police department is shrunk and crime is crazy and there are no jobs. I think this is going on throughout the whole Central Valley, in the whole country and Europe.""...
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6/26/12, "Stockton official: Mediation with creditors fails," AP
Stockton City Hall, Feb. 2012, ap
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