OBAMANOMICS STRIKES AGAIN: 3RD CALIFORNIA CITY FILES FOR BANKRUPTCY

The THIRD California City In Two Weeks Declares Bankruptcy.


THIS IS WHAT SOCIALISM DOES.


EVERYWHERE. EVERY TIME. EAST GERMANY. NORTH KOREA. RED CHINA. THE USSR. CUBA. ZIMBABWE. GREECE. SPAIN. THE EURO-ZONE.


NOW - THANKS TO OBAMA - IT'S COMING TO A CITY NEAR YOU... 


SIGH...