When the state can't afford anything

I mentioned a week or so ago that I was wondering if civilised government was possible any more, given the markets, the phenomenon of corporate tax avoidance, and the sheer cost of public services - and suggesting another way forward to end government borrowing.

Now comes the news that the city of Maywood in California is facing such a big budget crisis that they are laying off their entire staff, including the police, and contracting it all out:

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Published on June 28, 2010 13:27
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