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Reload this Page Motor City is bankrupt

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Old 07-22-2013, 12:30 AM
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Originally Posted by DrHenley View Post
Add that to His Bucket List of lies and deception!!!
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Old 07-22-2013, 01:17 AM
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Motor City is bankrupt. Remind me why I care.
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Old 07-22-2013, 04:47 PM
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We should care because I'm afraid Obama will make us pay for it.

Detroit borrowed for years just to running and retiree costs while the population dropped for 2 million to 700k. They've been technically bankrupt for years. Now it's real because lenders have cut them off!
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Old 07-26-2013, 10:16 AM
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Default Plans for new Red Wings arena in Detroit
http://www.foxnews.com/politics/2013...content=My+MSN

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The new arena will be funded in part with $284 million in tax dollars.

"You've got this city that can't even afford to keep streetlights on, that's talking about selling off its art museum, and here they're talking about giving anywhere between $150 million and $300 million to the Red Wings for a new arena," said "Field of Schemes" author Neil DeMause.
Dem's/Rep's...they're all friggin' I D 10 T S
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Old 07-26-2013, 10:47 AM
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He may not call it a bailout but I'll bet Obuma tries to do something to save the gov. worker pensions that are drowning the city. He owes them. They are his peeps.
But you can count on any venders or investers Detroit owes getting screwed.

The rest of us or going to get soaked somehow.
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