he was likeable and a smart man and taxpayers believed in his leadership and they trusted him. and he left them with a mess. the question now, how to deal with it. the state appointed receiver put together his plan to pay back the debt by, mock other things, raising harrisburg s earned income tax and leasing out some of its parking garages. mayor thompson got behind that plan. controller dan miller and the city council, however, don t think harrisburg residents should be the only ones making concessions at this point. they want a bankruptcy court to sort it all out. what do you say to people who say that is a copout? the reality is you can only get so much blood from a turnip. this man doesn t want to hear it. dominik fred rico. the ceo of insured guarantee which has insured the harrisburg bond os. theyville to pea off th will he investors. on the bond deals even if
investors. on the bond deals even if the project goes kaput that the government is still on the line to pay what is due? they make us an absolute promise to pay. full faith and credit is the term that is typically used. so they are on the line for it. if you give me your full faith and credit are you on the line? of course. okay. last october the council filed for bankruptcy but its petition was rejected because thompson the mayor refused to sign it. now, miller is running against her in next year s primary. dave unkovich on the other hand is done tending to harrisburg. resigning in frustration. we are at a point where you literally could not kick the can down the road. so broke than you just need to deal with the problem. now. yes, now. up next, the battle over pensions and benefits.
investors. on the bond deals even if the project goes kaput that the government is still on the line to pay what is due? they make us an absolute promise to pay. full faith and credit is the term that is typically used. so they are on the line for it. if you give me your full faith and credit are you on the line? of course. okay. last october the council filed for bankruptcy but its petition was rejected because thompson the mayor refused to sign it. now, miller is running against her in next year s primary. dave unkovich on the other hand is done tending to harrisburg. resigning in frustration. we are at a point where you literally could not kick the can down the road. so broke than you just need to deal with the problem. now. yes, now. up next, the battle over pensions and benefits.
get into the borrowing market for a long time, as we saw with orange county. it is a dangerous move to go bankrupt. but in this area, school administrators get $227,000. this is a portrait of the school boards across the country. this is a school district that historically has only spent a fraction on building maintenance and spent 85% of the budget to go to compensation for the administrators and their teachers. you know, the problem is, there is no way to track this. voters are sold a bill of goods and they don t know what they are voting for when they approve the bond deals. there is no reality show that says, the school district or ncis school district. you know? you have to pay attention. greta: at the risk of getting sued, would you say this is insane? i will say it! first amendment, it is insane and corrupt and it s incompetence. greta: inside joke. thank you. sure. greta: coming up, the big
get into the borrowing market for a long time, as we saw with orange county. it is a dangerous move to go bankrupt. but in this area, school administrators get $227,000. this is a portrait of the school boards across the country. this is a school district that historically has only spent a fraction on building maintenance and spent 85% of the budget to go to compensation for the administrators and their teachers. you know, the problem is, there is no way to track this. voters are sold a bill of goods and they don t know what they are voting for when they approve the bond deals. there is no reality show that says, the school district or ncis school district. you know? you have to pay attention. greta: at the risk of getting sued, would you say this is insane? i will say it! first amendment, it is insane and corrupt and it s incompetence. greta: inside joke. thank you. sure. greta: coming up, the big