If you just emerged from bankruptcy, part of your plan to stay solvent probably doesn’t include “handing out free money,” but that’s precisely what the city of Stockton, California is going to try. Michael Tubbs, the 26-year-old mayor of Stockton, California, thinks handing out $6,000 a year to low-income residents (with no strings attached) is … Continue reading Formerly Bankrupt Stockton Lays Plans For Next Bankruptcy