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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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To: stephenjohnbanker
21
posted on
07/18/2013 1:44:15 PM PDT
by
Lucky9teen
(Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
To: tcrlaf
Dibs on the mayor’s car!
Comes with a driver, right? And flashing red/blue light and a si-reen?
22
posted on
07/18/2013 1:44:34 PM PDT
by
woofer
To: molson209
“Oh , I thought it was because all the white folks left”
All except for Les and family at Hardcore Pawn.
Maybe they can pawn the city.
23
posted on
07/18/2013 1:44:36 PM PDT
by
Stormdog
(A rifle transforms one from subject to Citizen)
To: cripplecreek
Obama to Detroit: "Drop Dead!!"
24
posted on
07/18/2013 1:44:39 PM PDT
by
ken5050
(Due to all the WH scandals, MSNBC is changing its slogan from "Lean Forward" to "BOHICA")
To: molson209
Yes, and they’re mad, too, that their white oppressors won’t stay there and oppress them.
25
posted on
07/18/2013 1:45:43 PM PDT
by
mrsmel
(One Who Can See)
To: ken5050
Wait they increased taxes in Detroit so they don’t need a bailout, right?
26
posted on
07/18/2013 1:46:45 PM PDT
by
RginTN
To: Lucky9teen
To: tcrlaf
Just a few of the majority of properties falling down and destroyed...there comes a time where you just throw in the towel and let it go to fields....
28
posted on
07/18/2013 1:48:25 PM PDT
by
caww
To: tcrlaf
Agreed. It will be blamed on greedy corps and the “hidden hairy hand, working the macinations, of the white man”
To: Stormdog
” Oh , I thought it was because all the white folks left
All except for Les and family at Hardcore Pawn.”
Even Detroit won’t take the son & daughter....
To: ken5050
Fortunately Michigan conservatives are capitalizing on Obama ditching Detroit.
31
posted on
07/18/2013 1:50:39 PM PDT
by
cripplecreek
(REMEMBER THE RIVER RAISIN!)
To: tcrlaf
I know how to fix this. Borrow more money.
32
posted on
07/18/2013 1:50:42 PM PDT
by
ArcadeQuarters
(Socialism is built on slavery.)
To: caww
33
posted on
07/18/2013 1:51:16 PM PDT
by
Paine in the Neck
(Is John's moustache long enough YET?)
To: Pure Country
That wouldn't be the same Chicago that had it's bond rating cut by
three notches today, would it?
http://my.chicagotribune.com/#section/-1/article/p2p-76710645/
Having your municipal ratings cut by three levels in one fell swoop is almost unheard of and is an indication that things are circling the drain very quickly from a fiscal perspective.
To quote W, "Heck of a job there, Rahmy!"
34
posted on
07/18/2013 1:52:01 PM PDT
by
Freedumb
To: Stormdog
I’m sure he could invite the entire white non-parasite population to his store, and they would all fit on any couches and chair they have on the floor.
35
posted on
07/18/2013 1:52:09 PM PDT
by
matt04
To: ken5050
I can hear the Black Caucus now: “You bailed out GM and Chrysler, but you won’t bail out Detroit?”
I'm reminded of that Chrysler commerical boasting about their ties to Detroit.
I've never understood that. Why - in the name of God - would you want to advertise your cars are built in Detroit?
I'd sooner buy a Ford built in Mexico or even a cheap import built in China parked in my driveway than any POS from Detroit.
36
posted on
07/18/2013 1:52:14 PM PDT
by
Responsibility2nd
(NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
To: tcrlaf
37
posted on
07/18/2013 1:53:05 PM PDT
by
sushiman
( .)
To: Responsibility2nd
Our problems with Detroit are simple. Just cede the entire city to Canada. I think Canada would consider that an act of war.
38
posted on
07/18/2013 1:53:20 PM PDT
by
dfwgator
To: caww
what is that theatre? It looks like it was beautiful at one time.
39
posted on
07/18/2013 1:53:49 PM PDT
by
Morgana
(Always a bit of truth in dark humor.)
To: tcrlaf
Detroit won’t be the last big city to suffer the same fate, not by a long shot.
40
posted on
07/18/2013 1:54:27 PM PDT
by
dfwgator
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