Mayor Chris Doherty of Scranton, Pa., took as much as he could out of the paychecks of city employees, cutting their rate to $7.25 an hour, the state's minimum wage. Last week, the employees' unions sued the city as the mayor blamed the city council -- and the political gamesmanship was under way.
Looks like Meredith Whitney was a little early, but the noise is getting louder.
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