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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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To: catfish1957

What most people outside MI do not know is that Colman Young and his cronies helped to create a toxic relationship between Detroit and rest of the state, especially the northern suburbs of Detroit. The emergency manager was Detroit’s last chance at a bailout from the state.


21 posted on 07/20/2013 2:54:56 AM PDT by Fraxinus (My opinion, worth what you paid.)
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To: BarnacleCenturion

Rand shouldn’t be encouraging Obama.


22 posted on 07/20/2013 3:09:39 AM PDT by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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To: Fraxinus
Rand Paul should choose his words a bit carefully as many who have made odumbo look bad end up with some unexplainable demise. Be careful what you wish for Mr. Paul.
23 posted on 07/20/2013 3:13:57 AM PDT by DaveA37 (I'm for SMALLER , HONEST government)
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To: Fresh Wind

He’ll bail out after the elections, just like Obamacare.

It is an instrument of hyperinflation. Once you bail out zero productives, you have worthless paper money. THis is an outright catastrophe scenario.

Right now we are saved by banks “hoarding” cash, simply because the economy is so bad, the banks cannot invest it in anything worthy yet. But Obama wants them to release the moneys on crap... preferably if the GOP is in power for a coup, or when he is himself dictator and wants to wreck it all to gain control.


24 posted on 07/20/2013 3:27:32 AM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: Fresh Wind

Chicago has %97 billion in debt, NY has nearly $110 billion in debt. Virtually every city in the country is buried in Debt with creditors apparently figuring that they’ll all get a bailout some day. NY got a $12 billion “loan guarantee” in 1975 and their debt has continued to grow.

I don’t want to hear about those cities have a tax base to support it because if they have $100 billion in debt, they don’t have enough taxpayers to prevent the debt from growing.

Not bailing out Detroit will have an interesting effect on creditors nationwide.

Detroit needs to be fixed right here in Michigan. Trimmed down to a manageable size and privatized.


25 posted on 07/20/2013 3:48:53 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: BarnacleCenturion

Whatever happened to “the Sequester?” I thought the US was out of cash. Apparently the cash shortage doesn’t apply to hair brained leftist schemes, travel expenses and third world bribes and friendship dues.


26 posted on 07/20/2013 3:59:21 AM PDT by Artie (We are surrounded by MORONS)
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To: catfish1957

NY got $12 billion in “loan guarantees”. They’ll tell you its different but it had the same effect of kicking the can down the road and today they have over $100 billion in debt.

Detroit is a problem that we need to deal with right here in Michigan.


27 posted on 07/20/2013 4:03:33 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Bon mots

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

You can’t pay for entertainment like that...except in certain areas of town. My mind drifts back to an old National Lampoon issue with a story titled “Confessions of a Mop Man”


28 posted on 07/20/2013 4:05:01 AM PDT by Artie (We are surrounded by MORONS)
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To: BarnacleCenturion
Obama needs to lead here...to show us taxpayers the way...

He needs to donate his salary until he is out of office and no more vaca...for Moochelle...

Hell, that's probably a half a billion right there...

29 posted on 07/20/2013 4:12:37 AM PDT by Popman
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To: BarnacleCenturion

The states need to regain control and dictate to the feds. I can dream cant I?


30 posted on 07/20/2013 4:49:51 AM PDT by ronnie raygun (Yesterdays conspiracies are todays truths)
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To: Fresh Wind

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

Suddenly all the liberal hellholes will be lined up with their hands out. I bet half the cities in Kalifornia, Louisiana, and Mississippi would be among them


31 posted on 07/20/2013 4:59:21 AM PDT by jsanders2001
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To: BarnacleCenturion

He’ll bail them out and every R will sign the approval. It’s about time the Rs admitted we have a one party system.


32 posted on 07/20/2013 6:15:42 AM PDT by bgill (This reply was mined before it was posted.)
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To: GeronL

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

**
Precisely.


33 posted on 07/20/2013 6:32:03 AM PDT by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: nathanbedford

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...

***
Talk is cheap.


34 posted on 07/20/2013 6:32:46 AM PDT by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: BarnacleCenturion
Rand Paul: Obama will bail out Detroit 'over my dead body'

Please don't give the chi-town street punk, or the klintons any ideas!

35 posted on 07/20/2013 6:34:22 AM PDT by The Sons of Liberty (A Quiet Rage is Building All Across America!)
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To: pepsionice

I don’t think there’s any political clout to gain, by bailing Detroit out.

***
Not if you look at the big picture:

1) It pleases the gibsmedats when the Obamessiah dips into our wallets.

2) The most important point: It hastens the financial collapse that Soros is steering us toward.


36 posted on 07/20/2013 6:35:59 AM PDT by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: Bigg Red
Agreed but he did burn up a lot of talk in his filibuster against Obama's drone campaigning, and to good effect.


37 posted on 07/20/2013 6:36:26 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: nathanbedford

Blind squirrel and all that.


38 posted on 07/20/2013 6:41:52 AM PDT by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: Bigg Red
I think it's pretty clear he is positioning himself for 2016. He is looking for scuffles to get into with Obama and is looking for positions to stake out.

Interestingly, he is taking on the neocons straight out with his attack on Lynn Cheney and her father. He has already taken on the party establishment.

We shall see.


39 posted on 07/20/2013 7:05:36 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: pepsionice
I don’t think there’s any political clout to gain, by bailing Detroit out.

3/4 of "The Tribe" is only on board the Democrat train because they've been promised something. Let Detroit fail and many loyal thugs lose their promised stipends for past loyalty. He sets a bad precedent.

He'll do it - even if he has to sell three aircraft carriers to China to raise the money.

40 posted on 07/20/2013 7:13:22 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: Bon mots

I had to google Otis Mathis to see if you were making stuff up. OMG you weren’t!


41 posted on 07/20/2013 7:32:41 AM PDT by jpsb (Believe nothing until it has been offically denied)
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To: nathanbedford

Well, I would be a lot more interested in him if it were not for his pro-illegals shenanigans.


42 posted on 07/20/2013 11:03:59 AM PDT by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: BarnacleCenturion

His truth will be heard or he will lose Michigan.

My guess would be that democratic Michigan will spurn Rand Paul.

At the same time, I think the entire idea of bankruptcy is both realistic and terribly unfair. Realistic in that someone who’s broke is broke. You can’t get blood from a turnip.

On the other hand, contracts with vendors, businesses, individuals, and even employees are still contracts, and it’s the contract hold who pays the price and not those who entered into them in bad faith...my sense is that Detroit knew it was acting stupidly. I’d feel better if they jailed all the leaders of Detroit from the last 2 decades.


43 posted on 07/21/2013 3:46:24 AM PDT by xzins (Retired Army Chaplain and Proud of It! Those who truly support our troops pray for their victory!)
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To: Fresh Wind

“Detroilet”

Good effort but I think “De toilet” might be better. Or maybe “De troilet”

It is certainly funnier when you pronounce it with a bad french accent. Try it at home and see if you like it better.


44 posted on 07/21/2013 4:21:02 AM PDT by staytrue
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To: Progov

I would think the untimely death of either Paul would be a big mistake. They have some “interesting” followers who would never forget it.


45 posted on 07/21/2013 4:37:30 AM PDT by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: BarnacleCenturion

What can Rand Paul to do to stop it?

(nothing)


46 posted on 07/21/2013 6:57:42 AM PDT by PaleoBob
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To: BarnacleCenturion

“...bailing them out over my dead body...”

I’m sure Odinga could arrange that....just like he did in Benghazi.


47 posted on 07/21/2013 7:44:53 AM PDT by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
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To: BarnacleCenturion

“Bankruptcy lets you be forgiven of your debt.”

I’d hate to be one who holds that debt. It’s the
renegotiation of union contracts and retirement that they
are trying to avoid.


48 posted on 07/21/2013 9:11:30 AM PDT by Slambat
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To: BarnacleCenturion

A lot of conservative laugh at the blue cities and states that are going bankrupt. What they don’t realize is that the administration will bail out all of them with the nations tax dollars.


49 posted on 07/21/2013 9:36:08 AM PDT by doc
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To: GeronL

Yes, some gang of 6 or gang of 8 or gang of 12 “moderate republicans” will get together and reach a “compromise”.

You can bet that Lindsey and McCain will be in that gang.

Part of the compromise will be to “never do another bailout for a city”, but it won’t be enforced because some court will decide that it is discrimination or some such nonsense.


50 posted on 07/21/2013 9:45:50 AM PDT by esoxmagnum (The rats have been trained to pull the D voting lever to get their little food pellet)
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