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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

DETROIT (AP) -- Detroit has become the largest city in U.S. history to file for bankruptcy.

State-appointed emergency manager Kevyn Orr on Thursday asked a federal judge permission to place the city into Chapter 9 bankruptcy protection.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; US: Michigan
KEYWORDS: bankruptcy; deserved; detroit; michigan
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AP blames "steep population and tax base falls", without mentioning the runaway Democrat spending, and incredible Democrat corruption. Simply amazing....
1 posted on 07/18/2013 1:27:38 PM PDT by tcrlaf
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To: tcrlaf

To resurrect the old standard

Still Bush’s fault


2 posted on 07/18/2013 1:29:14 PM PDT by don-o (He will not share His glory, and He will not be mocked! Blessed be the Name of the Lord forever!)
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To: tcrlaf

Wonder what the city retirees think about their pensions NOW! Buh-bye!


3 posted on 07/18/2013 1:30:01 PM PDT by FrdmLvr (Qui pacem, praeparet bellum.)
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To: tcrlaf

Obama will deed the city to SEIU.

problem solved.


4 posted on 07/18/2013 1:31:11 PM PDT by stephenjohnbanker (K I L L T H E B I L L !!)
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To: tcrlaf

Helen Keller could have seen that coming.


5 posted on 07/18/2013 1:31:53 PM PDT by Lonesome in Massachussets (Doing the same thing and expecting different results is called software engineering.)
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To: FrdmLvr

Uh, no. YOU will be paying those pensions. Guaranteed. So will I, of course.


6 posted on 07/18/2013 1:32:12 PM PDT by Doctor 2Brains
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To: tcrlaf

Our problems with Detroit are simple. Just cede the entire city to Canada.

But then our problems we will then have with Canada....

Not so simple.


7 posted on 07/18/2013 1:33:04 PM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Doctor 2Brains

Uh, no. YOU will be paying those pensions. Guaranteed. So will I, of course.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

But I don’t live in Detroit, or even Michigan. So I have nothing to worry about.

Right?


8 posted on 07/18/2013 1:34:23 PM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: tcrlaf

Oh , I thought it was because all the white folks left


9 posted on 07/18/2013 1:34:34 PM PDT by molson209
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To: tcrlaf

I read Orr’s report, and it does a good job of listing the city’s problems. However, in a bankruptcy filing, everything, and mean everything...all the shady deals, the corrupt contracts..will come out in the open..


10 posted on 07/18/2013 1:35:33 PM PDT by ken5050 (Due to all the WH scandals, MSNBC is changing its slogan from "Lean Forward" to "BOHICA")
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To: tcrlaf

Heard on Fox news radio, no mention of Democrat but they mention corruption.

This is our future if the Repubs continue to cave and become liberal light.


11 posted on 07/18/2013 1:37:05 PM PDT by RginTN
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To: tcrlaf
because all white teenage waitresses share the guilt of the white race and by extension, guilt for Trayvon's death.

Leftists are stupid ********
12 posted on 07/18/2013 1:37:09 PM PDT by Wanderer99
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To: Responsibility2nd

Could we send Chicago to Canada also? Most would pay big bucks to get rid of the Windy City. Blow them away!


13 posted on 07/18/2013 1:37:32 PM PDT by Pure Country (“I’ve noticed that every person that is for abortion has already been born.” -Ronald Reagan)
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To: tcrlaf


Detroit has hit the "We Be Broke" button, finally.
14 posted on 07/18/2013 1:38:23 PM PDT by VanDeKoik
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To: molson209
Obama: "If I had a city, it would look like Detroit!"
15 posted on 07/18/2013 1:38:24 PM PDT by ken5050 (Due to all the WH scandals, MSNBC is changing its slogan from "Lean Forward" to "BOHICA")
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To: RginTN

I can hear the Black Caucus now: “You bailed out GM and Chrysler, but you won’t bail out Detroit?”


16 posted on 07/18/2013 1:39:57 PM PDT by ken5050 (Due to all the WH scandals, MSNBC is changing its slogan from "Lean Forward" to "BOHICA")
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To: Lonesome in Massachussets

A great triumph for liberalism, running out of Other People’s Money to spend.

The Democrat inability to “make it RAIN!” in Detroit will, of course, be blamed on Global Warming and Whitey.


17 posted on 07/18/2013 1:41:23 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: tcrlaf

18 posted on 07/18/2013 1:42:25 PM PDT by Lucky9teen (Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
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To: tcrlaf

well done to years of Democrat corruption and misappropriation along with union chokeholding and all helped by a useless idiot in the WH.

Congratulations Obama on another record....biggest collapse in history of a US city.


19 posted on 07/18/2013 1:42:36 PM PDT by sunmars
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To: Springman; cyclotic; netmilsmom; RatsDawg; PGalt; FreedomHammer; queenkathy; madison10; ...
The 67 Riots were the start of the big out exodus but political corruption drove business out which is what really drove people away. However hitting bottom is proving to be good for those looking to invest in rebuilding.

Image Hosted by ImageShack.us

Michigan legislative action thread
20 posted on 07/18/2013 1:43:10 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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