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... It is also known for its political conservatism — a 2005 academic study listed three Orange County cities as among America's 25 most conservative, making it one of two counties in the nation containing more than one such city. (Maricopa County, Arizona also has three cities on the list.[9]) ...
... Orange County was at one time the largest county to have declared bankruptcy. In 1994, longtime treasurer Robert Citron's investment strategies left the county with inadequate capital to allow for any rise in interest rates for its trading positions. When the residents of Orange County voted down a proposal to raise taxes in order to balance the budget, bankruptcy followed soon after. ...
http://en.wikipedia.org/wiki/Orange_County,_California
... Orange County was at one time the largest county to have declared bankruptcy. In 1994, longtime treasurer Robert Citron's investment strategies left the county with inadequate capital to allow for any rise in interest rates for its trading positions. When the residents of Orange County voted down a proposal to raise taxes in order to balance the budget, bankruptcy followed soon after. ...
http://en.wikipedia.org/wiki/Orange_County,_California
But, you knew it would be conservative-controlled when you saw the word "corruption".
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