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Detroit Plunges into Financial Emergency

 
DoorBert

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03/01/2013 03:08 PM

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Detroit Plunges into Financial Emergency
Michigan governor declares financial emergency in Detroit, will appoint emergency manager to take over

The governor of Michigan signaled the beginning of the end for the city of Detroit on Friday, setting up the groundwork for what could become the largest municipal bankruptcy in the history of the United States.

Gov. Rick Snyder, a Republican, told reporters Friday morning that "There's probably no city that's more financially challenged in the entire United States” than Detroit. The governor declared the crisis a financial emergency and started to pave the way for an emergency manager to intervene and take control of the city’s ledger.

“Detroit can no longer afford to wait for a new way forward,” read a brochure handed out to audience members during Friday’s announcement. “An Emergency Financial Manager can more quickly and efficiently reform the finances in the city and stop the cycle of overspending and one-time fixes.”

[link to rt.com]
AlcoholicRunner
I abduct humans and drink at the same time.

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03/01/2013 03:11 PM

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Re: Detroit Plunges into Financial Emergency
popcorn
Anonymous Coward
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03/01/2013 03:11 PM
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Re: Detroit Plunges into Financial Emergency
Any wonder why?
Anonymous Coward
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03/01/2013 03:12 PM
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Re: Detroit Plunges into Financial Emergency
Good times! More to come...........
armageddon2013

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03/01/2013 03:12 PM
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Re: Detroit Plunges into Financial Emergency
[link to www.youtube.com]

At least were not Detroit! I laughed my ass off at this.
All people have the right to stupidity but some abuse the privilege..
AlcoholicRunner
I abduct humans and drink at the same time.

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03/01/2013 03:13 PM

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Re: Detroit Plunges into Financial Emergency
Mass rioting!
biscuits and gravy

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03/01/2013 03:14 PM

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Re: Detroit Plunges into Financial Emergency
bump
Winners Always Win
losers always lose
AlcoholicRunner
I abduct humans and drink at the same time.

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03/01/2013 03:14 PM

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Re: Detroit Plunges into Financial Emergency
Desert FoxModerator
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03/01/2013 03:27 PM

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Re: Detroit Plunges into Financial Emergency
Plunges? Hell it's been there for years. Libs have destroyed any hope for Detroit.
TOMABANEFOX
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03/01/2013 03:38 PM
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Re: Detroit Plunges into Financial Emergency
by any chance is this financial manager a banker?
Desert FoxModerator
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03/01/2013 03:43 PM

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Re: Detroit Plunges into Financial Emergency
by any chance is this financial manager a banker?
 Quoting: Anonymous Coward 12818767

Probably Bernanke

Last Edited by Desert Fox on 03/01/2013 03:43 PM
TOMABANEFOX
Razorbackkid

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03/01/2013 03:43 PM
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Re: Detroit Plunges into Financial Emergency
Again?
Desert FoxModerator
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03/01/2013 03:43 PM

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Re: Detroit Plunges into Financial Emergency
Again?
 Quoting: Razorbackkid


Still
TOMABANEFOX
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03/01/2013 03:45 PM
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Re: Detroit Plunges into Financial Emergency
by any chance is this financial manager a banker?
 Quoting: Anonymous Coward 12818767

Probably Bernanke
 Quoting: Desert Fox


well he has been running everything from behind the scenes for a long time now, maybe wouldnt be so bad if he steps up so people know who the real enemy is
Anonymous Coward
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03/01/2013 03:49 PM
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Re: Detroit Plunges into Financial Emergency
Too many n*****s who expect white people to take care of them.
BRIEF
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03/01/2013 04:00 PM

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Re: Detroit Plunges into Financial Emergency
[link to www.youtube.com]

At least were not Detroit! I laughed my ass off at this.
 Quoting: armageddon2013


1rof1
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Heterosexual pride!

Briefcut4892
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03/01/2013 04:02 PM

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Re: Detroit Plunges into Financial Emergency
by any chance is this financial manager a banker?
 Quoting: Anonymous Coward 12818767

Probably Bernanke
 Quoting: Desert Fox


well he has been running everything from behind the scenes for a long time now, maybe wouldnt be so bad if he steps up so people know who the real enemy is
 Quoting: Anonymous Coward 12818767


So ya say.
TOMABANEFOX
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03/01/2013 04:04 PM

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Re: Detroit Plunges into Financial Emergency
Too many n*****s who expect white people to take care of them.
 Quoting: Anonymous Coward 34614914

Ya think.
TOMABANEFOX
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03/01/2013 04:23 PM
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Re: Detroit Plunges into Financial Emergency
Detroit has been in a financial emergency for over ten years.

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