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(Fox Business)   Harrisburg, Pennsylvania files for bankruptcy. It can be all yours for just $1   (foxbusiness.com) divider line 81
    More: Fail, Harrisburg, Pennsylvania, United States bankruptcy court, bankruptcy  
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8680 clicks; posted to Main » on 12 Oct 2011 at 2:35 PM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2011-10-12 01:11:46 PM  
I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.
 
2011-10-12 01:25:17 PM  
It's a long way to Heaven, it's closer to Harrisburg
And that's still a long way from the place where we are
 
2011-10-12 01:32:10 PM  
I'll give you a dollar if you promise to keep it.

Actually, after all the rancor over Pittsburgh's potential bankruptcy 7 years ago, I'm surprised that the state let Harrisburg even get close to filing.
 
2011-10-12 01:57:04 PM  
might as well drop this here. C'mon down and join the fun! Occupy Harrisburg kicks off on Oct 15th and will go all day and all night long.
 
ZAZ [TotalFark]
2011-10-12 02:19:03 PM  
Harrisburg listed liabilities of $500 million, compared with assets of $100 million.

Assets arguably include taxation power. Will the court order city taxes raised by $50 million per year to approve protection from creditors?

In a letter to the council, Schwartz said he generally charges $525 an hour, but will reduce his rate to $300 an hour for this matter.

I think "$525 per hour" Schwartz would be a fine target for the Occupy movement.
 
2011-10-12 02:20:38 PM  

Mr. Coffee Nerves: I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.


i56.tinypic.com
 
2011-10-12 02:32:10 PM  
Who'll want a depressed property in a flood zone? No one, that's who.
 
2011-10-12 02:33:36 PM  

WTF Indeed: Who'll want a depressed property in a flood zone? No one, that's who.


I think it's make an awesome personal fiefdom for some up and coming corporation that wouldn't mind having a company town that had a nuclear reactor complex in the backfield.
 
2011-10-12 02:36:34 PM  

Mr. Coffee Nerves: I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.


I second this.
 
2011-10-12 02:36:44 PM  
Chernobyl, Hiroshima, Sellafield
 
2011-10-12 02:39:08 PM  

Weaver95: WTF Indeed: Who'll want a depressed property in a flood zone? No one, that's who.

I think it's make an awesome personal fiefdom for some up and coming corporation that wouldn't mind having a company town that had a nuclear reactor complex in the backfield.


Harrisburg is still too expensive if you want a personal fiefdom. Try the coal regions in Pennsyltucky. 100 acres, under 100k.
 
2011-10-12 02:39:25 PM  
That place is such a hole. You can keep it.
 
2011-10-12 02:39:38 PM  
lh5.googleusercontent.com

BANKRUPTCY LAWS DO NOT WORK THAT WAY!!!
 
2011-10-12 02:41:44 PM  

Mr. Coffee Nerves: I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.


Tell me more, tell me more.

/I love whack-job mayors. Kwame Kilpatrick, Marion Barry, et al.
 
2011-10-12 02:42:12 PM  
Waddayagonnado
 
2011-10-12 02:42:29 PM  
Some locally government is about to get slapped hard by the State Leg.
 
2011-10-12 02:42:50 PM  

Weaver95: I think it's make an awesome personal fiefdom for some up and coming corporation that wouldn't mind having a company town that had a nuclear reactor complex in the backfield.


Business up front, Party in the back?

Sounds like Harrisburg to me.
 
2011-10-12 02:44:01 PM  

ha-ha-guy: Some locally government is about to get slapped hard by the State Leg.


I think the Mayor would actually kind of enjoy that sort of thing. she just won't admit it is all.
 
2011-10-12 02:44:14 PM  
Things that put Harrisburg on the map:

TMI
Municipal bankruptcy

GOOOOOOO H-town!
 
2011-10-12 02:44:37 PM  

FrancoFile: Mr. Coffee Nerves: I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.

Tell me more, tell me more.

/I love whack-job mayors. Kwame Kilpatrick, Marion Barry, et al.


She thinks the local paper bugged her office. No, I'm not making that up.
 
2011-10-12 02:44:57 PM  
I seem to recall that if a city files bankruptcy, the state is liable for outstanding debt, such as pensions for city workers and other liabilities. Can anyone confirm or deny this? Or is that on a state by state basis?
 
2011-10-12 02:45:38 PM  
I'd buy that for a dollar!
 
2011-10-12 02:46:18 PM  

Pocket Ninja: It's a long way to Heaven, it's closer to Harrisburg
And that's still a long way from the place where we are


Oh man, excellent song.
 
HBK
2011-10-12 02:46:27 PM  
I had some good times in Harrisburg back in the day.
 
2011-10-12 02:48:48 PM  
Who the hell is Schwartz!?
 
2011-10-12 02:50:19 PM  
Harrisburg is the State Capital. I suggest immediately reducing the pay and benefits for America's Largest Full Time Legislature and the Governor's office and they will find a way to fix the problem right quick.
 
2011-10-12 02:51:02 PM  

Mr. Coffee Nerves: I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.


I stiill think Ray Nagin is the holder of that trophy
 
2011-10-12 02:52:06 PM  
I live 30 miles north of the city and commute there, this is pretty sad. But they have a horrible mayor so what can I say? I am sure the city will get smart to go vote and maybe vote her out.
 
2011-10-12 02:55:31 PM  

GoodyearPimp: Things that put Harrisburg on the map:

TMI
Municipal bankruptcy

GOOOOOOO H-town!


Do you mean H-burg?
 
2011-10-12 02:55:46 PM  

FrancoFile: Mr. Coffee Nerves: I'd like to formally enter Linda Thompson in the "Most Insane Mayor in America" contest, please.

Tell me more, tell me more.

/I love whack-job mayors. Kwame Kilpatrick, Marion Barry, et al.


You watch your whore mouth when you talk about Marion Barry!!
 
2011-10-12 02:58:05 PM  
Somebody explain how Dallas still has that cockroach John Wiley Price as their County Commish.
 
2011-10-12 03:00:17 PM  
profile.ak.fbcdn.net
 
2011-10-12 03:01:44 PM  
i.techrepublic.com.com

// may be interested....
 
2011-10-12 03:02:49 PM  
Harrisburg, you had a good mayor, and you picked this crackpot over him. Live with it (and that is especially aimed at the bulk of my family who still live there, including dear old Dad).
 
ZAZ [TotalFark]
2011-10-12 03:06:30 PM  
I seem to recall that if a city files bankruptcy, the state is liable for outstanding debt, such as pensions for city workers and other liabilities.

The state may run the pension system for municipal employees; that's a good way to achieve economy of scale and protect employees against failure or misconduct. I don't think the state is liable for all municipal debts.
 
2011-10-12 03:08:00 PM  

KellyKellyKelly: Harrisburg, you had a good mayor, and you picked this crackpot over him. Live with it (and that is especially aimed at the bulk of my family who still live there, including dear old Dad).


You know, until you posted here and I clicked your profile, I had no idea you were pestluvr!

We thought you went away!

/fWc represent!
//click my profile for the hobblekitty created badge!
 
2011-10-12 03:08:43 PM  
Never saw that place without municipal construction going on. Not surprised.
 
2011-10-12 03:12:45 PM  
The future of H-burg

t2.gstatic.com
 
2011-10-12 03:14:05 PM  
i290.photobucket.com
 
2011-10-12 03:16:15 PM  
Wait, wait, wait...

Fox has a business channel?
 
2011-10-12 03:18:46 PM  
The time has come to move the state capital to a location that understands how to maximize revenue from interstate commerce... preferably with nut logs and cheap, knock-off Roethlisberger jerseys.

You're up Breezewood.

Washington, you're on deck.

//hot like a stoplight at 75 mph
 
2011-10-12 03:19:36 PM  
I'll buy it for .50...
 
2011-10-12 03:23:41 PM  

KellyKellyKelly: Harrisburg, you had a good mayor, and you picked this crackpot over him. Live with it (and that is especially aimed at the bulk of my family who still live there, including dear old Dad).


He had a positive track record, having been elected 16 straight terms and all. Unfortunately his replacement was the most wack - tripped out - mayor EVAR, They were screwed to get left wallowing in the mess they made.
 
2011-10-12 03:24:32 PM  

xxmedium: The time has come to move the state capital to a location that understands how to maximize revenue from interstate commerce... preferably with nut logs and cheap, knock-off Roethlisberger jerseys.

You're up Breezewood.

Washington, you're on deck.

//hot like a stoplight at 75 mph


I'd nominate Pittsburgh or Philly but the butthurt from Pennsyltucky would be massive
 
2011-10-12 03:34:17 PM  
But she's got a BS in Communications! Surely she was the right person for the job!
 
2011-10-12 03:35:47 PM  
I just want to blame it on this guy:

ezkool.com(hot)

The cleanup was expensive.
 
2011-10-12 03:35:51 PM  

SilentStrider: She thinks the local paper bugged her office. No, I'm not making that up.


To be fair we've recently heard stories of "newspapers" illegally accessing peoples voice-mail and such. Nothing surprises me.
 
2011-10-12 03:36:12 PM  
"Harrisburg is the State Capital. I suggest immediately reducing the pay and benefits for America's Largest Full Time Legislature and the Governor's office and they will find a way to fix the problem right quick."

It doesn't work that way. That is a state legislature. Reducing that would actually hurt the city more, as they get most of the benefits.

There was a good solid plan presented to them by the state, and the stupid council rejected it. They deserve what they get.
 
2011-10-12 03:39:17 PM  
So can we sell it to the Air Force and use it as a bombing range?
 
2011-10-12 03:41:41 PM  

Dougie AXP: I'd nominate Pittsburgh or Philly but the butthurt from Pennsyltucky would be massive


Dear lord, no! One thing I've learned is that state capital are ALWAYS seething hellholes, and I don't want to see my hometown (Philly) reduced to the smoking ruins that is Harrisburg or Little Rock or Albany.
 
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