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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

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To: tcrlaf

Corrupt left wing government that emerged from the racial conflict of the 1960’s punctuated by the riots of 1967.


51 posted on 07/18/2013 2:04:43 PM PDT by Nextrush (A BALANCED BUDGET NOW AND PRESIDENT SARAH PALIN ARE AT THE TOP OF MY LIST)
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To: tcrlaf
Associated Press is partially right. Look at what happened to Detroit after the 1967 race riots--many whites fled to the Detroit suburbs, and as a result you have suburbs of Detroit that are among the richest on a per capita basis in the USA!

That white flight, plus extreme mismanagement of city finances, is why we've reached this point today, sad to say.

52 posted on 07/18/2013 2:06:09 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: ken5050

That was part of the deal. They’d get Obama re-elected and he’d make sure they all got Federal bailouts in his second term.

Once he had rolled the Republicans on the sequester and got a big tax increase and open-to-spend. But that didn’t happen, so now they’re improvising.


53 posted on 07/18/2013 2:07:07 PM PDT by Buckeye McFrog
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To: RayChuang88

The riots were just the beginning.

When Coleman Young became Mayor he said something wacky and just a bit frightening every other day that sent a thousand more white families fleeing towards 8 Mile.


54 posted on 07/18/2013 2:08:39 PM PDT by Buckeye McFrog
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To: tcrlaf

Here is my problem, I don’t want the citizens to get set up in our cities and bring their stupidity to us. They should have to stay there.


55 posted on 07/18/2013 2:13:36 PM PDT by Truth2012
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To: shove_it
Comment #1 from the vid: “What’s a legacy cost?”

Definitely a democrat. Live for today and the magical unicorn will poop gold coins in your lap tomorrow.

I'm quite interested in seeing the reaction from the police and firemen's unions to the conservative Health care plan taken to them against Snyder's wishes.
56 posted on 07/18/2013 2:14:54 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Responsibility2nd

“Take a few billion dollars. Invest in green energy. Pretty soon that billion dollar investment will be worth a million dollars.”

Reminds me of a joke a commercial airline pilot friend tells: “Airline pilots are great at investing. They just keep investing until it’s all gone.”


57 posted on 07/18/2013 2:14:56 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: stephenjohnbanker

“Even Detroit won’t take the son & daughter....”

Here I was all this time thinking that it was just me that can’t stand those two.


58 posted on 07/18/2013 2:15:00 PM PDT by Stormdog (A rifle transforms one from subject to Citizen)
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To: Morgana

That is the theater in what used to be the headquarters of United Artists.

It WAS beautiful.


59 posted on 07/18/2013 2:15:35 PM PDT by left that other site (You Shall Know the Truth, and the Truth Shall Set You Free...John 8:32)
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To: Pure Country
Could we send Chicago to Canada also?

It would come with a Stanley Cup. Ideal time to negotiate.


60 posted on 07/18/2013 2:17:32 PM PDT by Buckeye McFrog
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To: catnipman

Foot in mouth.....hows that looking now there Joe.

https://www.youtube.com/watch?v=62KRYbvgCQE

Biden (VP Debate 2012): Romney Would Have “Let Detroit Go Bankrupt”


61 posted on 07/18/2013 2:20:09 PM PDT by sunmars
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To: sunmars

White House says Obama and his senior team continue to closely monitor Detroit bankruptcy......

and yet will do nothing but try and score political points...you lost already.


62 posted on 07/18/2013 2:21:42 PM PDT by sunmars
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To: Stormdog

If I had that son and daughter, I would fire both of them.


63 posted on 07/18/2013 2:22:12 PM PDT by stephenjohnbanker (K I L L T H E B I L L !!)
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To: tcrlaf

Will FEMA be involved, at some point in time? Just wondering, where this well-staged opus will travel...perhaps, as an introduction, of a federal purpose.


64 posted on 07/18/2013 2:26:23 PM PDT by RedHeeler
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To: tcrlaf

Democrats will report this as a success.
“this is wonderful” with the creepy smile of angela corey.

Obama can’t GM this.


65 posted on 07/18/2013 2:28:20 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Morgana

“what is that theatre? It looks like it was beautiful at one time.”

Most of Detroit was beautiful until Rat politics consumed it from within


66 posted on 07/18/2013 2:29:29 PM PDT by varyouga
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To: tcrlaf

Example of why Municipal Bonds aren’t attractive anymore.


67 posted on 07/18/2013 2:35:06 PM PDT by kjam22 (my newest music video:http://www.youtube.com/watch?v=l7gNI9bWO3s)
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To: MrEdd

“Then states like California and New York. But it is all going to fall. Math has no mercy.”

Throw NJ in there, too (for the same reasons). Americans and the companies that employ them are fleeing in droves, leaving behind the permanent underclass, immigrants (legal & otherwise), and the public employees required to “administer” them (even though many of them have already lost their jobs).

My children commented on how much damage still exists along the Jersey shore from Sandy; I told them there weren’t enough people with reasons to fix it. Who wants to invest in parks/beaches just to show up and be the only taxpayer there?


68 posted on 07/18/2013 2:35:23 PM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Doctor 2Brains
“YOU will be paying those pensions. Guaranteed. So will I, of course.”

There is a very interesting article in the Wall Street Journal today (page A5). It says Kevyn Orr, the Detroit emergency manager, went to VALERIE JARRETT to ask for a government bailout, and was told no by Jarrett.

It really shines a light on who is making decisions in the White House.

Scary. Obama is a teleprompter reader and nothing more. An empty suit.

69 posted on 07/18/2013 2:38:05 PM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: Gabrial

Agree about Obama. I’ve been convinced for sometime now that he makes no decisions. He reads what they tell him to read. He does what they say and in exchange, he and his wife get to “live the dream” for 8 years. That’s it.


70 posted on 07/18/2013 2:39:33 PM PDT by kjam22 (my newest music video:http://www.youtube.com/watch?v=l7gNI9bWO3s)
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To: stephenjohnbanker

“If I had that son and daughter, I would fire both of them.”

You know the old saying about not being able to pick your relatives...


71 posted on 07/18/2013 2:40:55 PM PDT by Stormdog (A rifle transforms one from subject to Citizen)
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To: Stormdog

But you can still pick the ones you want fired : )


72 posted on 07/18/2013 2:42:42 PM PDT by stephenjohnbanker (K I L L T H E B I L L !!)
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To: stephenjohnbanker

“But you can still pick the ones you want fired : )”

OK you win!


73 posted on 07/18/2013 2:49:33 PM PDT by Stormdog (A rifle transforms one from subject to Citizen)
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To: MrEdd

“Detroit and other big cities will crash first.

Then states like California and New York.

But it is all going to fall. Math has no mercy.”

Very perceptive. You just can’t “unspend” money. Cities can’t print money like FedGov. States can’t print money like FedGov. FedGov is bankrupt, just like Detroit, only much, much, much worse. It is a house of cards. Using printed money to buy your own debt is like looking for a gas leak with a match. It never has a good ending.


74 posted on 07/18/2013 2:50:43 PM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: Gabrial

wow, talk about someone screwing the city out of money....wonder who gets that money.....

It costs Detroit $62 in admin costs for every paycheck if cuts. That’s 3.5x the average for govt, 4x the avg employer.


75 posted on 07/18/2013 2:55:19 PM PDT by sunmars
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To: Gabrial
Didn't know that. More interesting is that they did all they could to schuffle Kawame off the stage in Sept of 08' not to juxapose Obama to him and claim he would turn America into Detroit.

How many years do we have before Obama's damage turns us into Detroit....

Conyer's, Stabenow, Levin, and Kawame's Mommy ( even though she is retired ) are quiet for now, what did they get to shut them up, what taste of the uptake from this do they get. Yes I am that cynical....

76 posted on 07/18/2013 2:56:24 PM PDT by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks.....)
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To: tcrlaf
Detroit in RUINS! (Crowder goes Ghetto)
77 posted on 07/18/2013 2:59:21 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

Burn if to the ground.

Whatever dems touch turn to sh%€


78 posted on 07/18/2013 3:04:25 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: tcrlaf

Unions,corruption,and Rats bankrupting cities. This gravy train ran out of track long ago.


79 posted on 07/18/2013 3:07:10 PM PDT by 4yearlurker (Hurry Jesus!!!!!)
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To: Gabrial
It says Kevyn Orr, the Detroit emergency manager, went to VALERIE JARRETT to ask for a government bailout, and was told no by Jarrett.

Well...our POTUS Jarrett isn't a dummy...considering Detroit is probably the first of a long list of cities going belly up...

Every democrat city would have their hand out...

Can't have cities rioting because our first white / African president can't blame Bush for not bailing them out..

80 posted on 07/18/2013 3:07:15 PM PDT by Popman
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To: sunmars

The Hollywood movie star liberals who are embarrassed to be American citizens need to move to Detroit and get taxed to death to fix the problem.


81 posted on 07/18/2013 3:07:52 PM PDT by mandaladon (The truth about Benghazi is all I want)
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To: Stormdog
Of all the pawn/auction shows on TV. I think “Les Gold” is the sleaziest of them all,followed closely by Dave Hester....Yeeeeep!
82 posted on 07/18/2013 3:11:21 PM PDT by 4yearlurker (Hurry Jesus!!!!!)
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To: cripplecreek

you are being too kind..

lok up the slave reparations act for businesses in the city...

you will absolutely lose your mind..


83 posted on 07/18/2013 3:12:38 PM PDT by joe fonebone (The clueless... they walk among us, and they vote...)
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To: kjam22

What does that say about the idiots who voted (twice) for this man because they think he’s so smart.


84 posted on 07/18/2013 3:13:15 PM PDT by VerySadAmerican (If you vote for evil because you can't see evil, you ARE evil!)
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To: joe fonebone

Actually I know what I’m talking about.

I’m not real concerned with FR consensus opinions.


85 posted on 07/18/2013 3:14:31 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: All

When the democrat cities, and states, all start going bankrupt and the federal government starts robbing from Peter (red states) to pay Paul (blue states), will Peter be sore enough to leave the union?


86 posted on 07/18/2013 3:16:05 PM PDT by VerySadAmerican (If you vote for evil because you can't see evil, you ARE evil!)
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To: VerySadAmerican

Texas has its own power grid.


87 posted on 07/18/2013 3:20:48 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: left that other site


So sad...>

88 posted on 07/18/2013 3:25:15 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
As I've said in most of these threads:
  1. Dis-incorporate Detroit.
  2. Sell off the city's assets to satisfy its bondholders and other creditors.
  3. Incorporate new and more viable communities within Wayne County from the former Detroit.

It's that easy.

89 posted on 07/18/2013 3:30:59 PM PDT by Publius
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To: tcrlaf; All

The Mayor and Emergency Manager are on local TV as I type this now...It maybe simulcast on the web


90 posted on 07/18/2013 3:31:34 PM PDT by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks.....)
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To: don-o

“To resurrect the old standard

Still Bush’s fault”

Still true.


91 posted on 07/18/2013 3:32:26 PM PDT by The Antiyuppie
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To: 4yearlurker

“Of all the pawn/auction shows on TV. I think “Les Gold” is the sleaziest of them all”

I agree completely. There’s nobody in that family that I would want to be remotely associated with. Then again, there’s no way that I’d ever be running a pawn shop in Detroit even if it was near a casino.

I’m waiting for somebody to smack his punk ass son. Granted, the clientele leaves a lot to be desired, but the attitude... hell, I’d like to smack him.


92 posted on 07/18/2013 3:35:53 PM PDT by Stormdog (A rifle transforms one from subject to Citizen)
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To: tcrlaf

I guess Margaret Thatcher was right after all.


93 posted on 07/18/2013 3:37:34 PM PDT by mandaladon (The truth about Benghazi is all I want)
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To: sunmars

If Obama had his own city, it would look like Detroit. Imagine if he had his own country...


94 posted on 07/18/2013 3:38:59 PM PDT by mandaladon (The truth about Benghazi is all I want)
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To: tcrlaf


95 posted on 07/18/2013 3:39:39 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: tcrlaf

Bets on the next one - Chicago? Philly?


96 posted on 07/18/2013 3:39:43 PM PDT by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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To: sunmars

If you know anyone who
fell for these Democrat lies, tell them “You got some ‘splainin to do!”.


97 posted on 07/18/2013 3:40:30 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: tcrlaf

On October 13, 2012, President Obama boasted to Americans in his weekly address that he refused to “let Detroit go bankrupt.”

“[W]e refused to throw in the towel and do nothing,” Obama said. “We refused to let Detroit go bankrupt, I bet on American workers, and American ingenuity and three years later that bet is paying off in a big way.”


98 posted on 07/18/2013 3:57:17 PM PDT by mandaladon (The truth about Benghazi is all I want)
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To: tcrlaf

America, here’s your future within a generation if you don’t wake the Hell up.


99 posted on 07/18/2013 3:57:28 PM PDT by Repeal 16-17 (Let me know when the Shooting starts.)
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To: Responsibility2nd
I'm reminded of that Chrysler commerical boasting about their ties to Detroit.

Funny thing is that at least two of the cars in that picture are built in Canada.

100 posted on 07/18/2013 3:57:46 PM PDT by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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