[7thOF7th]

Just another burning hulk of failed policy on the scrap pile of a failed Presidency.

[USFRIENDINVICTORIA]

Here's what I wrote on March 2, 2013:

IMHO, the "real" agenda is hinted at in this comment: "Detroit needs a bailout. A reliable source of funding is required to invest in the “New Detroit” project, which will turn the city into an oasis of urban farming and renewable energy."

Here's my prediction: The EM takes over, makes some high-profile "painful" cuts, and thus establishes his bona fides as a hard-nosed financial manager. Then, he announces that Detroit needs a bailout. He promotes "investment" in the “New Detroit” project by the federal government. Obama then has all the excuse he needs to divert a billion or so to the cause.

And this follow-up comment:

Did I say “a billion or so”? How naive. My only excuse is that I’m old enough to remember when a billion dollars was a lot of money. I should have said “$30 billion or so.”

Here: http://www.freerepublic.com/focus/f-news/2992860/posts?page=35#35

Now, I see how naïve I really was. This bankruptcy is going to cost a lot more than $30 billion.

[diamond6]

Romney's famous quote was correct. Too bad we had to wade through five more years of graft, corruption, billions of government dollars, and massive build up of deficit spending to find out he was right.

Once again, ZERO has been proven wrong.

He sure can pick 'em!!!

[Sequoyah101]

I saw that headline and got excited for just an instant.

[reg45]

Welcome to Debtroit.

[yefragetuwrabrumuy]

[Flick Lives]

“[W]e refused to throw in the towel and do nothing,” Obama said. “We refused to let Detroit go bankrupt, I bet on American workers, and American ingenuity and three years later that bet is paying off in a big way.”

Detroit is Solyndra 2.0.

[Bon mots]