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Rand Paul: Obama will bail out Detroit 'over my dead body'
breitbart.com ^ | 7 19 2013 | Matthew Boyle

Posted on 07/20/2013 1:23:26 AM PDT by BarnacleCenturion

Sen. Rand Paul (R-KY) said he will use every resource he has at his disposal to stop President Barack Obama from bailing out newly-bankrupt Detroit because he believes the city can and must save itself and learn from its fiscal mistakes. "I basically say he [Obama] is bailing them out over my dead body because we don’t have any money in Washington.”

“There’s some good things that come out of bankruptcy,” Paul said in a phone interview from Iowa. “One is you get to start over. Bankruptcy lets you be forgiven of your debt. And you do so by getting new management, better management, and by getting rid of unwieldy contracts, contracts that give you where public employees are getting paid twice what private employees are and things come back more to normal. That’s the way cities and businesses can recover.

(Excerpt) Read more at breitbart.com ...


TOPICS: Front Page News; News/Current Events; US: Kentucky; US: Michigan
KEYWORDS: bankruptcy; bestdealever; cino; demagogue; detroit; diabn; fino; johnnyonenote; kentucky; lewrockwell; lino; michigan; randpaul; randsconcerntrolls; rino
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1 posted on 07/20/2013 1:23:27 AM PDT by BarnacleCenturion
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To: BarnacleCenturion

If Detroilet gets a bailout, just watch all the other liberal hellholes line up to get theirs too. Bad, bad precedent.


2 posted on 07/20/2013 1:28:11 AM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: BarnacleCenturion

Obama will bailout Detroit and the GOPe will not put up a real fight except for the cameras


3 posted on 07/20/2013 1:29:20 AM PDT by GeronL
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To: Fresh Wind

That is exactly what is gonna happen


4 posted on 07/20/2013 1:30:52 AM PDT by GeronL
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To: BarnacleCenturion
Reader Teddi got this right:

I admire the way Rand gets right in Obama's face most of the time on these issues - its the only way to deal with him...


5 posted on 07/20/2013 1:32:04 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: BarnacleCenturion
This is a REPEAT performance of what occurred with the bank bailouts.

Only this time around it would be "city/state bailouts."

A VERY BAD idea.

6 posted on 07/20/2013 1:32:45 AM PDT by VideoDoctor
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To: GeronL

I don’t think there’s any political clout to gain, by bailing Detroit out. It’s a dedicated Democratic city....it’s better to use resources on cities on the edge between the Democrats and Republicans.


7 posted on 07/20/2013 1:35:57 AM PDT by pepsionice
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To: pepsionice

money is no object - these are the days of milk and honey for the fedgov. Just print up a few trillion bucks to INVEST in failed third world cities and watch Dem turnout surpass 110% in 2014/6


8 posted on 07/20/2013 1:40:54 AM PDT by GeronL
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To: nathanbedford

the yakkin is fine - what is needed is action from the comfy chair caucus!


9 posted on 07/20/2013 1:42:28 AM PDT by GeronL
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To: BarnacleCenturion
My favorite public employee is the President of the School Board in Detroit.

He is illiterate. A sexual predator that masturbates in front of women in official meetings.

The school board had to pay $650,000.00 to the lady who witnessed that.

Yet, he kept his job... eventually, under pressure, he resigned - but then tried to withdraw his resignation saying it was all a big 'misunderstanding'.

Now he heads something called "Citizens with challenges". You see, he is not stupid, he just faces challenges - like not being able to read and write, not being able to keep his privates zipped in his pants...


10 posted on 07/20/2013 1:44:35 AM PDT by Bon mots
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To: Bon mots

and the tiara lady?


11 posted on 07/20/2013 1:48:35 AM PDT by GeronL
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To: Bon mots

For Democrats that kind of behavior is a resume enhancer.


12 posted on 07/20/2013 1:57:22 AM PDT by RginTN
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To: Fresh Wind

This essentially amounts to republicans being mugged by Obama.


13 posted on 07/20/2013 2:04:20 AM PDT by RC one
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To: BarnacleCenturion
Um...Obama isn't bailing out Detroit. We taxpayers are. Obama is very generous with our money.
14 posted on 07/20/2013 2:16:33 AM PDT by fatnotlazy
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To: fatnotlazy

OPM - milk and honey


15 posted on 07/20/2013 2:17:15 AM PDT by GeronL
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To: BarnacleCenturion
I seem to remember back in the '70's NYC either filed for bankruptcy or was close. I also seem to remember them getting bailed out, or was floated a loan to recover.

Afraid the precedent has already been set. Problem is that money should be used to doze the dump, instead of a recovery try.

16 posted on 07/20/2013 2:19:55 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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To: catfish1957

just to keep the poop floating a little longer


17 posted on 07/20/2013 2:21:55 AM PDT by GeronL
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To: pepsionice
I don’t think there’s any political clout to gain, by bailing Detroit out.....

. Zero does not care about political clout. He is an ideologue first and a pol second. IMO he will without a doubt try to bail out Detroit simply because it increases the power of the Federal state.

18 posted on 07/20/2013 2:24:42 AM PDT by Fzob (In matters of style, swim with the current; in matters of principle, stand like a rock. Jefferson)
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To: BarnacleCenturion

Hmmm, so we’ve got the convicted liar, the spitter, and Calypso Louis along with Miss Crissy and the Woman on Piers 69 agitating for race riots in the wake of the St. Traydmark verdict. If they can’t get the job done, or if Obergruppen Fuehrer Holder decides there isn’t a way to justify the crucifiction of George Zimmerman, there is always a parallel or fall back position. Start bailing out africanhyphenamerican mini Zinmbabwes and really anger the few remaining taxpayers so the s#it hits the fan.

Vanilla Boy Rick Gran...er, uh, Snyder may try to get out Michigan taxpayer’s wallets to try to stanch the flow, but that probably won’t be enough to please his master Maobama. But Vanilla Boy’s NOT TEA Party sycophants can take comfort in knowing the fix was mostly in.


19 posted on 07/20/2013 2:31:58 AM PDT by RushLake (Nothing can bring you peace but the triumph of principles. (Emerson))
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To: catfish1957

Actually that went the other way President Ford told NYC to take a hike. A special board was put together to oversee NYCs finances and they worked their way out of trouble. This happened in Wash DC with the Control Board. Both cities avoided bankruptcy. Predictably the screeches of racism were everywhere. This tells you how far gone Detroit really is


20 posted on 07/20/2013 2:45:27 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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