Thursday, November 08, 2012

Bankruptcity





Portsmouth, Ohio, home of the bankrupt politicians


Having failed at handling their own finances, bankrupt Portsmouth city officials then went on and mishandled the city’s finances, misallocating funds intended for roads, public buildings, etc., to increase their salaries and benefits and the salaries and benefits of other city employees, especially the fire department. 

The current unelected mayor Malone, who likes to gamble, lived beyond his wife’s public sector salary and went bankrupt:




Former mayor Kalb lived beyond his grocery clerk salary and went bankrupt:



The deadbeat president of city council Haas lived beyond his means and went bankrupt:



City solicitor Jones lived beyond his means, is now insolvent, unable to repay his donut loan to the SOGP, and may go bankrupt if  he is not bailed out by his enabler, American Savings Bank:


In Portsmouth, the also-rans of life, the financial and moral bankrupts, with the support of the crooks who control the city, run unopposed for public office and pocket the difference.