Three big city mayors asked the federal government Friday to use a portion of the $700 billion financial bailout to assist struggling cities.[Emphasis added.]
The mayors sought help with their pension costs, infrastructure investment and cash-flow problems stemming from the global financial crisis.
The mayors—Michael Nutter of Philadelphia, Shirley Franklin of Atlanta and Phil Gordon of Phoenix—made their request in a letter to Treasury Secretary Henry Paulson.
Perhaps if these cities restricted themselves to their only legitimate role, that of securing our rights from violation, they wouldn't need any bailouts. Instead, they pay hordes of public bus drivers $20+ per hour, and here in Phoenix, build a shiny new Light Rail system, for a cool $1.4 billion - so far. There are extensions planned. http://en.wikipedia.org/wiki/METRO_Light_Rail_(Phoenix) That's why they've gone begging to Uncle Sam, who will gladly steal it from the taxpayers across the country to pay for Phoenix's unjustified extravagances.
The solution is a return to a legitimate form of government, which has no role beyond the protection of individual rights. Not more bailouts and stealing from taxpayers.