August 1, 2011
Small Rhode Island Town Goes Bankrupt
"Central Falls, Rhode Island, a little town in the northeast part of the state,
with a population of only has 19,376, has gone into Chapter 9 bankruptcy."
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This is a shame. It didn't have to happen.
All this town needed to do was raise taxes and spend more money.
Posted by: B Martin | Aug 4, 2011 3:05:36 PM