The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. August 2, 2012 San Bernardino Declares Bankruptcy Over $1 Billion in Debts ------------------------------------------------------------ San Bernardino, California, has filed for bankruptcy protection over debts surpassing $1 billion. San Bernardino is the third city in California to seek bankruptcy protection in recent weeks, following Mammoth Lakes and Stockton. .