$20 billion? Is that all? Barry’s got that in his “walkin’ around” money. That’s about $33,000 per every loyal Obama voter in Detroit.
I am going to say it.
BLACK INNER CITY DEMOCRATS BANKRUPT DETROIT.
Michigan has a lot of great microbreweries...and they have a lot of...
It's coming.....
That’s 1 for Meredith Whitney. Her mistake was in not understanding that trillions of Bernanke bucks would be splashed into the big city slush funds. Many more to come. Welcome to Ar-hen-ti-na.
Detroit gonna be ruled by a caliph.
Do Not Invest in Muni-Bonds of any city, county, or any other geographical entity with a >40% minority population.
I will just leave it at that.
As long as the FOX network crowd continues to lie and stir the pot and do everything they can to advance feelings of hate towards others who are not part of the "FOX" tea party crowd this country will eventually collapse just as our cities have. This country's government has been sold to the highest bidders. Further, the wealthy corporations have purchased propaganda machines (FOX) who purposely pit one American against another American so that no one is really watching what the corrupt government coupled with the wealthy conglomerates (i.e., ALEC) are really doing.
I don't know what was wore, the fact that this comment was posted or the fact that 16 people agreed with this moron.
I am saddened to see this happen. So many GOOD people in Detroit and FROM Detroit. I hope Motown can someday be resurrected and become whole once more. Prayers for the folks still there.
I’d laugh like a hyena if I didn’t know that I’ll be footing the bill as a tax payer.
The classic from KENTUCKY FRIED MOVIE -
“No, not Detroit!”
https://www.youtube.com/watch?v=g09GtnWdBjc
I saw an interview of Kevyn Orr. He seems a good choice.
Well then clearly there needs to be higher taxes. *eyeroll
Because the Democrat party is “wonderful” and to say otherwise would be considered an unacceptable violation of breaking the standard party line.
>>AP blames “steep population and tax base falls”,
Meanwhile, in reality-land:
“Two Detroit pension funds sued the city’s emergency manager and the governor of Michigan, asking that a court find a bankruptcy filing would conflict with the state’s constitutional protection of public retirees’ rights. “
http://www.bloomberg.com/news/2013-07-18/detroit-pension-funds-sue-to-block-city-bankruptcy-filing.html
Bon Appetit, L.I.F.E.R.s - good luck trying to milk the teats of a dead cow.
I surfed to Freep.com and got the Detroit Free Press website.
Headline: Detroit files thousands of pages of documents in bankruptcy, lists 100,000 creditors
Per FoxNews this morning, Detroit’s population has dropped to the 1903 level of 700,000, down from an all-time high of 2 million during its heyday.
100,000 creditors and a population of 700,000.
