The preferred method to attack workers in California has been
through not only the bankruptcy courts but also public
referendums, chiefly financed by Wall Street interests. Chuck
Reed, former Democratic Mayor of San Jose, will place a measure
on the 2016 ballot that would eliminate constitutional protections
for pensioners in the state.
Large financial institutions are regularly insured against losses
while the burden of bankruptcy restructuring is borne by workers.
Where To Go When Your Local Emergency Room Goes Bankrupt?
During the past ten years 84 California hospitals have declared bankruptcy and closed their Emergency Rooms forever. Financially crippled by legislative and judicial mandates to treat illegal aliens have bankrupted hospitals! In 2010, in Los Angeles County alone, over 2 million illegal aliens recorded visits to county emergency rooms for both routine and emergency care. Per official figures, the cost is $1,000 dollars for every taxpayer in Los Angeles County.
“Illegal immigration is another matter entirely. With the state budget in tatters, millions of residents out of work and a state prison system strained by massive overcrowding, California simply cannot continue to ignore the strain that illegal immigration puts on our budget and economy. Illegal aliens cost taxpayers in our state billions of dollars each year. As economist Philip J. Romero concluded in a 2007 study, "illegal immigrants impose a 'tax' on legal California residents in the tens of billions of dollars."
Low-Income Workers Fleeing California