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This after that bankrupt city in California slashed their police budget by 33%. “You know the only businesses in town making money? Pot and prostitution — that’s it,” said Matt Shotwell, 30, who opened the dispensary in January 2010 and keeps a bong on the desk in his office. The city currently has no rules [...] They say no publicity is bad publicity, but doubtless Vallejo doesn’t feel that way after being ranked by two national magazines as a deeply undesirable place to live. Newsweek ranked Vallejo the #2 dying city due to its overall population decline between 2000 and 2009 and its decline in residents under 18. They also [...] In 2008, the California city of Vallejo took the unprecedented step of filing for bankruptcy. A combination of falling revenues caused by the collapse of the real estate bubble and rising public pension costs cratered their finances. Other California cities and counties are watching how Vallejo manages, and may well follow suit. Indeed, former [...] |  | ||||
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