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Detroit could go bankrupt before end of the year !

 
Anonymous Coward
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11/14/2012 08:05 AM
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Detroit could go bankrupt before end of the year !
Detroit’s financial condition is rapidly deteriorating, and City Hall could run out of cash in December, an official told a state oversight board Monday.

City program management director William Andrews made the assessment at a meeting of the Financial Advisory Board, a city-state panel overseeing Detroit’s finances under its fiscal stability agreement with the state.

Detroit’s cash-flow crisis is “more challenging than it’s ever been and more challenged than we reported last month,” Andrews said.

The city must find new revenue sources, he said, blaming the worsening outlook on rising medical expenses and lower receipts from taxes and other revenue sources than the city had previously projected.


[link to stratrisks.com]



thats right Blame it on the Republicans


oridinochange
andawg221

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11/14/2012 08:43 AM
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Re: Detroit could go bankrupt before end of the year !
What's actually kinda funny, Detroit has a very high welfare rate! And 3 casinos.

I know not EVERYBODY wastes their welfare on booze, drugs, gambling.
Hitokiri

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11/14/2012 08:47 AM

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Re: Detroit could go bankrupt before end of the year !
Fuck detroit. I live about 20 minutes from the city and refuse to go to that shit hole. These idiots keep voting for crooks like Kwame to run the city into the ground, they're getting what they deserve. Businesses can't thrive there because of all of the thieves and hoodlums. Most of the people who live there don't have jobs don't pay taxes... America will be just like Detroit soon because of liberal policies and PC bullshit.
"You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it." -Morpheus
Anonymous Coward
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11/14/2012 08:48 AM
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Re: Detroit could go bankrupt before end of the year !
Again?

Thread: Detroit will be BROKE in April

Thread: Detroit will go broke in a week
Anonymous Coward
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11/14/2012 08:50 AM
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Re: Detroit could go bankrupt before end of the year !
Detroit has been destitute and bankrupt for over six years.
Hitokiri

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11/14/2012 08:55 AM

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Re: Detroit could go bankrupt before end of the year !
What's actually kinda funny, Detroit has a very high welfare rate! And 3 casinos.

I know not EVERYBODY wastes their welfare on booze, drugs, gambling.
 Quoting: andawg221


Most do! I'll tell you what, most people from the suburbs refuse to go to the casinos. They're dirty, nasty and filled with trashy people. You KNOW that most of these people are spending their welfare checks trying to "make it big." Instead of getting a job and trying to better themselves, they think they are going to make it big by taking the easy route. The liberal way...
"You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it." -Morpheus
No Dhimmi
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11/14/2012 08:57 AM

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Re: Detroit could go bankrupt before end of the year !
Without a clue
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
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We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
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11/14/2012 08:57 AM
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Re: Detroit could go bankrupt before end of the year !
What black run city is not broke?
JackedVegan

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11/14/2012 08:58 AM
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Re: Detroit could go bankrupt before end of the year !
you mean they're not already??

wtf
Anonymous Coward
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11/14/2012 09:18 AM
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Re: Detroit could go bankrupt before end of the year !
Fuck detroit. I live about 20 minutes from the city and refuse to go to that shit hole. These idiots keep voting for crooks like Kwame to run the city into the ground, they're getting what they deserve. Businesses can't thrive there because of all of the thieves and hoodlums. Most of the people who live there don't have jobs don't pay taxes... America will be just like Detroit soon because of liberal policies and PC bullshit.
 Quoting: Hitokiri


i live south of that shithole! this is what happens when the tax paying population is pushed to the suburbs because of crime!
Anonymous Coward (OP)
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11/14/2012 09:20 AM
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Re: Detroit could go bankrupt before end of the year !
i might be wrong but i think the Democrats have been in control of that City since the 60s


cool2
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11/14/2012 09:44 AM
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Re: Detroit could go bankrupt before end of the year !
Anonymous Coward
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11/14/2012 09:44 AM
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Re: Detroit could go bankrupt before end of the year !
Detroit’s financial condition is rapidly deteriorating, and City Hall could run out of cash in December, an official told a state oversight board Monday.

City program management director William Andrews made the assessment at a meeting of the Financial Advisory Board, a city-state panel overseeing Detroit’s finances under its fiscal stability agreement with the state.

Detroit’s cash-flow crisis is “more challenging than it’s ever been and more challenged than we reported last month,” Andrews said.

The city must find new revenue sources, he said, blaming the worsening outlook on rising medical expenses and lower receipts from taxes and other revenue sources than the city had previously projected.


[link to stratrisks.com]



thats right Blame it on the Republicans


oridinochange
 Quoting: Anonymous Coward 16520024


Can't be true. Commander in Chief said the "Auto Industry is back on top!"
davvi
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11/14/2012 09:54 AM

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Re: Detroit could go bankrupt before end of the year !
it will get federal help and we will all be paying for this democrap crap hole which will continue to vote for democraps.
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Truthache
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11/14/2012 09:56 AM

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Re: Detroit could go bankrupt before end of the year !
Please.
It's already bankrupt and running on the fumes of fear alone!

The money that enters that hole is primarily there to keep the collapse peacefully in place, it's not there because it's a sound investment.
in warm pursuit...
mrclean

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11/14/2012 10:14 AM
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Re: Detroit could go bankrupt before end of the year !
NOTHING TO SEE HERE.

LIBERAL POLICY 'GOOD'.....'CONSERVATISM' 'CONSTITUTIONALISM' BAD...



bamasheep1
mrclean
andawg221

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11/14/2012 10:16 AM
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Re: Detroit could go bankrupt before end of the year !
What's actually kinda funny, Detroit has a very high welfare rate! And 3 casinos.

I know not EVERYBODY wastes their welfare on booze, drugs, gambling.
 Quoting: andawg221


Most do! I'll tell you what, most people from the suburbs refuse to go to the casinos. They're dirty, nasty and filled with trashy people. You KNOW that most of these people are spending their welfare checks trying to "make it big." Instead of getting a job and trying to better themselves, they think they are going to make it big by taking the easy route. The liberal way...
 Quoting: Hitokiri


I know most do. We went to Greek town and the outfits the servers wear look almost like prostitute clothing.

Big fake weaves and butt cheeks hanging out.
andawg221

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11/14/2012 10:18 AM
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Re: Detroit could go bankrupt before end of the year !
Fuck detroit. I live about 20 minutes from the city and refuse to go to that shit hole. These idiots keep voting for crooks like Kwame to run the city into the ground, they're getting what they deserve. Businesses can't thrive there because of all of the thieves and hoodlums. Most of the people who live there don't have jobs don't pay taxes... America will be just like Detroit soon because of liberal policies and PC bullshit.
 Quoting: Hitokiri


i live south of that shithole! this is what happens when the tax paying population is pushed to the suburbs because of crime!
 Quoting: Anonymous Coward 12017835


I live in little Detroit. That's what people here claim, like its cool or something.
Anonymous Coward
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11/14/2012 10:20 AM
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Re: Detroit could go bankrupt before end of the year !
Anybody remember the movie Robocop from the 80's? that was set in futuristic detroit. detroit in the movie was a raging shit hole. seems funny that they nailed that prediction. But what can you really expect from a city that is 82% black?
Anonymous Coward
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11/14/2012 10:32 AM
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Re: Detroit could go bankrupt before end of the year !
Bankrupt no longer means bankrupt for the powerful.

Bankrupt means federal bailout further burdened on the backs of the entire U.S. taxpayers.

Especially for Detroit, nowumsayin
Anonymous Coward
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11/14/2012 10:44 AM
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Re: Detroit could go bankrupt before end of the year !
Hello!!! Anyone home?? The whole country is bankrupt, remember 1933 we got sold out so we could pretend to pay for stuff with monopoly money!!!

Cmon people this is common knowledge we have NO MONEY, only promissory notes that are worthless. Everything is bankrupt
soldier32
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11/14/2012 10:50 AM
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Re: Detroit could go bankrupt before end of the year !
NOTHING TO SEE HERE.

LIBERAL POLICY 'GOOD'.....'CONSERVATISM' 'CONSTITUTIONALISM' BAD...



:bamasheep1:
 Quoting: mrclean


YEAH, were the proof.

Most of all libs citie are going bankrupt, that should tell people something. But stupid libs don't care as long as they get the Gov. money. THAT WILL RUN OUT SOONER THEN LATER THOUGH LOLOLOL.........
Hitokiri

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11/14/2012 11:00 AM

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Re: Detroit could go bankrupt before end of the year !
What's actually kinda funny, Detroit has a very high welfare rate! And 3 casinos.

I know not EVERYBODY wastes their welfare on booze, drugs, gambling.
 Quoting: andawg221


Most do! I'll tell you what, most people from the suburbs refuse to go to the casinos. They're dirty, nasty and filled with trashy people. You KNOW that most of these people are spending their welfare checks trying to "make it big." Instead of getting a job and trying to better themselves, they think they are going to make it big by taking the easy route. The liberal way...
 Quoting: Hitokiri


I know most do. We went to Greek town and the outfits the servers wear look almost like prostitute clothing.

Big fake weaves and butt cheeks hanging out.
 Quoting: andawg221


Lol I know right!! I always liked the fat black women who have to play two slot machines at the same time... They can't burn through their welfare checks fast enough! It's sad; because they never had a job, they don't understand the value if a dollar. Most of us would rather do something else with our money than give it to the casinos.
"You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it." -Morpheus
Anonymous Coward
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11/14/2012 11:18 AM
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Re: Detroit could go bankrupt before end of the year !
A state goes bankrupt in a bankrupt country, lol
Hitokiri

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11/14/2012 11:29 AM

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Re: Detroit could go bankrupt before end of the year !
A state goes bankrupt in a bankrupt country, lol
 Quoting: Anonymous Coward 9927807


Hey genius, detroit is not a state.
"You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it." -Morpheus
Anonymous Coward
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11/14/2012 11:34 AM
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Re: Detroit could go bankrupt before end of the year !
This thread is a lie!!! Everyone knows Detroit is run by liberals and they tell us daily how smart and educated they are, in fact they have their own little pet neame for it "Progressive". With all that liberal progressive brain trust in the city there is no way it will go bankrupt. Look at California it's ran by liberals and it is damn near a utopia.
Anonymous Coward
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11/14/2012 11:37 AM
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Re: Detroit could go bankrupt before end of the year !
you mean it's not already bankrupt??
Anonymous Coward
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11/14/2012 11:39 AM
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Re: Detroit could go bankrupt before end of the year !
Not suprised. Black leadership bankrupts everyhting they manage. Your Obama will bankrupt america.
Anonymous Coward
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11/14/2012 11:43 AM
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Re: Detroit could go bankrupt before end of the year !
if it isnt getting ne better in someplaces like detroit then is hasnt hit rock bottom yet, prepare for it to get alot worse in detroit and other places like it.
Anonymous Coward
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11/14/2012 11:44 AM
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Re: Detroit could go bankrupt before end of the year !
good! shithole
FierySky

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11/14/2012 11:51 AM
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Re: Detroit could go bankrupt before end of the year !
Good. Best thing that could happen.

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