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We Have to Step In and Save Detroit
New York Times ^ | July 19, 2013 | STEVEN RATTNER

Posted on 07/20/2013 12:46:04 PM PDT by reaganaut1

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To: Let's Roll

61 posted on 07/20/2013 1:36:39 PM PDT by 4Liberty (Some on our "Roads & Bridges" head to the beach. Others head to their offices, farms, libraries....)
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To: reaganaut1

Is this the same Steve Rattner who paid NY a $10 million settlement in a pension fraud lawsuit? Maybe his fingerprints are on some of the deals about to unwind in Detroit - and he’s afraid.


62 posted on 07/20/2013 1:36:43 PM PDT by Sgt_Schultze (A half-truth is a complete lie)
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To: reaganaut1

At some point you realize that the patient is deceased. At which time you pull the plug and call the undertaker.


63 posted on 07/20/2013 1:36:47 PM PDT by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: reaganaut1

How do you “save” something that has already been destroyed?


64 posted on 07/20/2013 1:38:57 PM PDT by RKBA Democrat (Food, water, guns, ammo, useful skills, cash, and precious metals.)
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To: reaganaut1
We Have to Step In and Save Detroit

What do you mean 'we', Kemosabe?

65 posted on 07/20/2013 1:49:19 PM PDT by Zeppo ("Happy Pony is on - and I'm NOT missing Happy Pony")
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To: 4Liberty

That picture is worth a thousand words


66 posted on 07/20/2013 1:52:30 PM PDT by Rusty0604
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To: All
HAVE THEY CHECKED FOR GOVT FRAUD? It is ridiculously easy to steal muni money.....especially if the PTB cunningly suck up to pols to get millions in line item budget allocations.

REFERENCE Who could forget the dumb accountants, mayor and council who ignored the $53 million stolen by the Dixon, Ill Comptroller? The dumb Mayor never figured out the Comptroller deposited govt funds into secret bank accounts? Probably b/c he was getting a cut of the millions? Trying to explain how that much money could disappear unnoticed, the Mayor said the muni struggled financially because "the state" was far behind on income tax disbursements.....(now there's a red flag is there ever was one). NOTE The Comptroller lived a lavish lifestyle on an $80,000 muni salary--- attributed to her success in the horse breeding industry (cackle).

=============================================

HOW INSIDERS STEAL Here's an astoundingly brazen larceny -- $5.7 million was electronically emptied out of the coffers of Columbia University into an employee's bank account.

Now, several university employees are on trial----accused of funneling the stolen millions into the Bank account of alleged mastermind George Castro, 49, in collusion w/ two workers in the university's accounts payable dept.

Accounts payable insiders allegedly altered a routing code and other info connected to payments slated to go from the university's medical center to an affiliate hospital. The money never reached its destination. "Within six weeks, over $5 million meant for New York Presbyterian Hospital found it's way into the employee's Bank account," prosecutors said.

When nabbed, one university employee was carrying bags of money -- $200,000 in cash -- into his new $80,000 Audi as cops busted him outside his Bronx residence..... he and his co-defendants had at that point thrown hundreds of thousands of stolen dollars into failed day trading investments.

One Columbia Univ accounting dept insider pled guilty to grand larceny and is hoping to avoid jail by testifying against the four defendants and his accounts payable co-conspirator.

SOURCE http://www.nypost.com/p/news/local/columbia_thieves_argue_just_appeared_92qi6lln0jET37UTxcSjqI#ixzz216mFvb64

67 posted on 07/20/2013 1:58:11 PM PDT by Liz
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To: reaganaut1

“We” my little brown eye!


68 posted on 07/20/2013 2:03:19 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: Vince Ferrer

I like that idea!


69 posted on 07/20/2013 2:04:08 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: cripplecreek

Real change will only happen when the government schools are closed. About half of the citizens of Detroit are illiterate. Until that changes, there is no hope for any rescue.


70 posted on 07/20/2013 2:05:14 PM PDT by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: reaganaut1
We Have to Step In and Save Detroit

No... we... don't.

71 posted on 07/20/2013 2:10:45 PM PDT by Rocky (Obama is pure evil.)
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To: Pining_4_TX

Agreed. Literally half of the Detroit schools were closed by the last emergency manager.

I’d like to see conservatives nationwide donate to private scholarships for the brightest inner city kids to go to conservative leaning private schools. Maybe privately funded programs to help with homeschooling of inner city kids. Of course such things need to be done in every city in the nation.


72 posted on 07/20/2013 2:13:21 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: reaganaut1

The people of New York didn’t vote for Hurricane Sandy. Detroit residents voted for the scum, and rejoiced in them, that ran the city into the ground. They got what they wanted, now let them stew in their own cesspool.


73 posted on 07/20/2013 2:13:37 PM PDT by Shamrock-DW
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To: GeronL
I remember the NY Daily News Banner Headline: "FORD TO CITY: DROP DEAD...

See: http://www.flickr.com/photos/untergeek/17881729/

74 posted on 07/20/2013 2:17:20 PM PDT by ExSES (the "bottom-line")
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To: MinuteGal

“But they’ll still vote for ‘Rats next election even though their world is caving in around them.”

And not just any Rats either, but corrupt criminal Rats. Nothing will ever change in Detroit because the illiterate voters will keep voting in corrupt criminals each and every election.


75 posted on 07/20/2013 2:35:49 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: reaganaut1
No one likes bailouts or the prospect of rewarding Detroit’s historic fiscal mismanagement.

That's all he had to write. This is the purpose of bankruptcy. Clear the decks from all the mismanagement.

76 posted on 07/20/2013 2:37:41 PM PDT by 1010RD (First, Do No Harm)
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To: reaganaut1

What you mean “we” kimosabi....


77 posted on 07/20/2013 2:54:09 PM PDT by Kozak ("Send them back your fierce defiance! Stamp upon the cursed alliance! To arms, to arms.....")
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To: reaganaut1

Screw Detroit. It is rotting to the ground. Burn the rest of the garbage and pave it for a Walmart parking lot.


78 posted on 07/20/2013 2:54:59 PM PDT by RetiredArmy ("As in the days of Noah, so it will be at the coming of Man." The LORD said it would be like this.)
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To: reaganaut1

Really? All those bullets killing people must be falling out of the sky. All the crime must be being done by people in other states coming into Detroit to wreaking havoc. All those people on welfare really want to work and improve the city but they are being held back.

Total liberal bull excrement.


79 posted on 07/20/2013 2:57:40 PM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: reaganaut1
But apart from voting in elections, the 700,000 remaining residents of the Motor City are no more responsible for Detroit’s problems than were the victims of Hurricane Sandy for theirs, and eventually Congress decided to help them.

Wow. Everybody is a victim...
80 posted on 07/20/2013 3:00:36 PM PDT by Kozak ("Send them back your fierce defiance! Stamp upon the cursed alliance! To arms, to arms.....")
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