Share on Google Plus Share on Twitter 1 Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (3 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   3 comments

Harrisburg, PA to Run Out of Money in October as Labyrinth of Fraud Exposed, by

Quicklink submitted by Ethan Hollow     Permalink
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...)

View Ratings | Rate It

Author 76900
Become a Fan
  (7 fans)
Image uploaded from a quicklink Congratulations to Harrisburg, the capital of Pennsylvania, for having the highest per capita debt of any city in the country. The town's 50,000 citizens are on the hook for $1.5 billion according to the NPR article Inside America's Most Indebted City. $1.5 Billion Does Not Include Schools, Pensions, Unfunded Liabilities. It's almost impossible to say exactly how much money the elected and appointed officials of Harrisburg have borrowed.
Missing financial audits, complicated transactions and intertwining finances create a labyrinth of money that stretches decades into Harrisburg's history. Whenever you see stories like this, you can bet your last dime that massive amounts of fraud are in play. "Illegal conduct occurred," Bill Cluck, who serves on the board that runs Harrisburg's incinerator, told me.

Read the rest of the story HERE:


- Advertisement -
- Advertisement -



The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
3 people are discussing this page, with 3 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Arithmetic indeed, how can a town of 50,000 accumu... by Ray O. Sunshine on Friday, Sep 7, 2012 at 1:55:48 PM
Harrisburg's huge debt is another example of why p... by Laurence Almand on Friday, Sep 7, 2012 at 4:01:36 PM
Rise income tax state wide and pay debt! It is on ... by Ethan Hollow on Saturday, Sep 8, 2012 at 1:12:00 AM