Bedford is going bankrupt

[thinkliberty]

http://www.cabinet.com/bedfordjournal/bedfordnews/828284-308/town-looks-at-11-budget.html

My favorite lines:

"We're in the hole $750,000 before we even start," Izbicki said. "We've got a problem."

People are like, 'The heck with it.' One person said, 'Let the bank pay. I don't care. I'm not paying $35,000 in taxes anymore.'"

"At this point, we're entertaining every option, whether it be soft services, hard services or whatever, reductions in reserves, this is just the beginning of it," Izbicki said.

"And it's going to get worse in 2012."

[Kat Kanning]

Woohoo!  Let them close down   Let them be more friendly to businesses.

[Fluff and Stuff]

Nah.  Taxes are noticeably higher in Bedford than NH as a whole.  It's a high tax Republican town and there is plenty of money to go around.  Everything will be just fine.  Spending will be cut a tiny amount and property tax rates will be increased, again.

[Russell Kanning]

i bet they will have to spend a little less and tax a little less

at the very least