American cities that filed for bankruptcy

bankrupt, oklaMoffet, Okla. — Speeding tickets accounted for 78 percent of the cash-strapped town’s revenue, an astounding ratio. Thus, when the state legislature barred the city from writing tickets in a fruitful stretch of highway that sliced through their town, the city quickly crumbled. 

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Terry Shropshire
A veteran of the U.S. Air Force and Buckeye State native, Terry has also written for the Atlanta Journal-Constitution, the Atlanta Business Chronicle and the Detroit Free Press. He is a lover of words, photography, books, travel, and THEE Ohio State Buckeyes. #GoBucks
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