"... Taxpayers are on the hook for this impending disaster. But when push comes to shove, the Legislature won't be able to avoid taking steps to bring more order to a disorderly process. If not the bankruptcy option, then there will be something akin to it that requires everyone to take a haircut. In the meantime, Harvey is defaulting on its bond payments and cutting emergency services as it veers down a soon-to-be-crowded path to nowhere."