Skip to comments.MICH. GOV SNYDER TO ANNOUNCE STATE TAKEOVER OF DETROIT
Posted on 02/28/2013 1:26:28 PM PST by taildragger
Usually, when the administration needs a distraction from just how broke and insolvent in reality the country is, it sends the stock market soaring higher. As such it is beyond ironic that as the S&P is set to hit an all time high, Detroit - that shining symbol of the Obama administration's bailout of General Motors - effectively goes broke.
MICH. GOV SNYDER TO ANNOUNCE STATE TAKEOVER OF DETROIT
Detroit Mayor Dave Bing says Governor Rick Snyder will announce a state takeover on Friday
Detroit Mayor Dave Bing says Michigan Governor Rick Snyder will announce a state takeover of the city of Detroit on Friday.
Bing says the governor told him his decision during a phone conversation this morning. Bing was talking with reporters following a speech before the Detroit Regional Chamber at the MotorCity Casino.
The city will have 10 days to appeal the decision to the governor.
7 Action News has teams working the story to get more details.
If only Detroit had gone all in the stock market when Bernanke made it his life's crusade to take the Dow to 36,000 and blow up everyone else, trying...
ROTFLMAO that’s awesome! I used to refer to Detroit as Washington DC without the monuments but it’s much worse than that now. It looks like Robocop will come true after all. Pretty soon all of their pro sports teams will jump the border into Canada.
I would like to think Ontario would unilaterally declare war on Detroit for such a grievous insult. I would even smuggle in weapons to support the war effort.
sell the city off block by block
“Pity about Detroit....”
Atomic bombs. The former city....
Some ass’y required....
"You want me to make an offer on the entire city??"
Many years ago, Laz, I, and a few others were going to invade Canada (you may remember). We made detailed plans from how we would do it, to distributing the spoils.
Canada heard about the plan, and were very worried. So they sent us an e-mail that stated, if they took Detroit off our hands, would we cancel the invasion.
Just one question, are they union?.........there’s your answer........
For Snyder’s financial supporters I’m sure there is some profit involved somehow.
Even if it could be done...
Detroit should be an example to the rest of the country about what happens when liberal ideas run a place for 40 years.
It's too late to save the cesspool. Just gives the creeps who cause the mess an option to blame someone else... Corrupt dems made Detroit a hellhole - it's their responsibility.
That’s a great logo!
The difference is that Hiroshima is populated by Japanese people. Detroit has the same demographics as Haiti. What would Detroit be like if the population was 90% Japanese?