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Detroit emergency manager files bankruptcy (AP Breaking)
AP ^
| 7-18-13
| AP
Posted on 07/18/2013 1:27:38 PM PDT by tcrlaf
click here to read article
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To: Morgana
the city of bankrupt leftism
41
posted on
07/18/2013 1:54:55 PM PDT
by
GeronL
To: tcrlaf
42
posted on
07/18/2013 1:55:18 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: BinaryBoy
I know how to fix this. Borrow more money.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Thats one way. Wanna know another way to make millions?
Take a few billion dollars. Invest in green energy. Pretty soon that billion dollar investment will be worth a million dollars.
Cool, huh? Obammie taught us that one.
43
posted on
07/18/2013 1:55:21 PM PDT
by
Responsibility2nd
(NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
To: caww
Ever looked at Detriot of Google Maps? Entire blocks are already grass. The remainder mostly only have a few deli pared houses standing.
44
posted on
07/18/2013 1:55:36 PM PDT
by
matt04
To: tcrlaf
"steep population and tax base falls" And HOW did that happen?
45
posted on
07/18/2013 1:59:15 PM PDT
by
Darren McCarty
(Abortion - legalized murder for convenience)
To: Doctor 2Brains
Ultimately, no.
As has been pointed out since the 1970s, the wealth does not exist to pay all the pensions of all the people government was giving long term employment to.
Detroit and other big cities will crash first.
Then states like California and New York.
But it is all going to fall. Math has no mercy.
46
posted on
07/18/2013 2:01:28 PM PDT
by
MrEdd
(Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
To: tcrlaf
47
posted on
07/18/2013 2:02:05 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: tcrlaf
48
posted on
07/18/2013 2:03:14 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: tcrlaf
No bailouts ... keep your hands off my wallet. Let the rot in the liberal cesspool that they created.
49
posted on
07/18/2013 2:03:22 PM PDT
by
ConservativeInPA
(Molon Labe - shall not be questioned)
To: cripplecreek
Comment #1 from the vid: “What’s a legacy cost?”
Probably came from the SEIU pres.
50
posted on
07/18/2013 2:03:37 PM PDT
by
shove_it
(long ago Orwell and Rand warned us about 0bama's America)
To: tcrlaf
Corrupt left wing government that emerged from the racial conflict of the 1960’s punctuated by the riots of 1967.
51
posted on
07/18/2013 2:04:43 PM PDT
by
Nextrush
(A BALANCED BUDGET NOW AND PRESIDENT SARAH PALIN ARE AT THE TOP OF MY LIST)
To: tcrlaf
Associated Press is partially right. Look at what happened to Detroit after the 1967 race riots--many whites fled to the Detroit suburbs, and as a result you have suburbs of Detroit that are among the richest on a per capita basis in the USA!
That white flight, plus extreme mismanagement of city finances, is why we've reached this point today, sad to say.
52
posted on
07/18/2013 2:06:09 PM PDT
by
RayChuang88
(FairTax: America's economic cure)
To: ken5050
That was part of the deal. They’d get Obama re-elected and he’d make sure they all got Federal bailouts in his second term.
Once he had rolled the Republicans on the sequester and got a big tax increase and open-to-spend. But that didn’t happen, so now they’re improvising.
To: RayChuang88
The riots were just the beginning.
When Coleman Young became Mayor he said something wacky and just a bit frightening every other day that sent a thousand more white families fleeing towards 8 Mile.
To: tcrlaf
Here is my problem, I don’t want the citizens to get set up in our cities and bring their stupidity to us. They should have to stay there.
To: shove_it
Comment #1 from the vid: Whats a legacy cost?
Definitely a democrat. Live for today and the magical unicorn will poop gold coins in your lap tomorrow.
I'm quite interested in seeing the reaction from the police and firemen's unions to the conservative Health care plan taken to them against Snyder's wishes.
56
posted on
07/18/2013 2:14:54 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: Responsibility2nd
“Take a few billion dollars. Invest in green energy. Pretty soon that billion dollar investment will be worth a million dollars.”
Reminds me of a joke a commercial airline pilot friend tells: “Airline pilots are great at investing. They just keep investing until it’s all gone.”
57
posted on
07/18/2013 2:14:56 PM PDT
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: stephenjohnbanker
“Even Detroit wont take the son & daughter....”
Here I was all this time thinking that it was just me that can’t stand those two.
58
posted on
07/18/2013 2:15:00 PM PDT
by
Stormdog
(A rifle transforms one from subject to Citizen)
To: Morgana
That is the theater in what used to be the headquarters of United Artists.
It WAS beautiful.
59
posted on
07/18/2013 2:15:35 PM PDT
by
left that other site
(You Shall Know the Truth, and the Truth Shall Set You Free...John 8:32)
To: Pure Country
Could we send Chicago to Canada also?
It would come with a Stanley Cup. Ideal time to negotiate.
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