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DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

 
Uncle Fuck Stick
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DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"




[link to www.breitbart.com]

A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.

Kevyn Orr spent two hours with about 180 bond insurers, pension trustees, union representatives and other creditors in a move to avoid what bankruptcy experts have said would be the largest municipal bankruptcy in U.S. history.

Underfunded pension claims likely would get less than the 10 cents on the dollar.

An assessment of the plan's progress will come in the next 30 days or so.

Orr also announced that Detroit stopped paying on its unsecured debt Friday to "conserve cash" for police, fire and other services in the city of 700,000 people. The debt not being paid includes $39 million owed to a certificate of participation.

"We will not pay that today," Orr told reporters after the meeting with creditors at a hotel at Detroit Metropolitan Airport in Romulus.

Orr said everyone involved needs to come to grips with Detroit's dire financial situation that has been worsened by years of procrastination and denial.

"If people are sincere and look at this data, you would think a rational person will step back and say, `This is not normal ... but what choice do we have?'" Orr said.


And for all of you who don't know how Detroit city council is run



End weez ax lick this cuz.




Andn if youz Ken git passt duh elitratethen we Ken beez prezdent like Barack Hussein Obama




And stay tuned for the interview with the council member...QUESTION :Is she mentally challenged....I mean would you hire her...I wouldn't trust her with a corked fork....




FLASH BACK TO DECEMBER 2012

Last Edited by Uncle Fuck Stick on 06/15/2013 03:12 PM
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
another banker apologist thread
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
grand theft auto : detroit goes da shitnizt
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
detroit is run by a bunch of dummies
Uncle Fuck Stick  (OP)

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
block the exits , lay mines all around it and shut off the utilities , the scorched earth urban renewal plan )
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
Out of curiosity .... I wondered if they are getting their phones ringing off the hook with the Debt Collectors like us working class people that are behind on payments??
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"


Last Edited by Uncle Fuck Stick on 06/15/2013 02:16 PM
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
didn't Chrysler do a bunch of ads for the 300 about how Detroit is back about a year or two ago, i kind of remember seeing the ads all over tv and laughing at the hypocrisy
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

 Quoting: Uncle Fuck Stick


5 minutes in beaver seen in detriot for 1st time in 75 years...AGENDA 21 WILDLANDS PROJECTS.....DETROIT IS AMERICAS FUTURE

Last Edited by Uncle Fuck Stick on 06/15/2013 02:45 PM
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
OP, does it hurt you to be a negro?
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
OP, does it hurt you to be a negro?
 Quoting: Anonymous Coward 41756487


:racist wtermelon:
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
As Les Gold says.....

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
What are they going to do with the wildlife? Van they be caged in?
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
The "Good News" Is.....that they are gonna Obama-ize them and buy hem the vacant house on your street in Liberal ass Mass, Baltimore, Illinois and other mutated yankee liberal bastions of "igununcy"; there they will vote in more non-Caucasoid liberal who want to some kinda guvmint peoples and this will happen to your asses too. We tried to tell you igununt bastridges in 1861 but NOOOOO! Ha ha ha ha ha ha...How Bout Conn. and NY. since they are taking your guns. Welcome to your own breakdown. I hope the most liberal gets that obnoxious grammatical challenge blaque lady council 'ho next door. Your soaking in it!
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
look at africa. look at detroit. the common denominator: africans.
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
The "Good News" Is.....that they are gonna Obama-ize them and buy hem the vacant house on your street in Liberal ass Mass, Baltimore, Illinois and other mutated yankee liberal bastions of "igununcy"; there they will vote in more non-Caucasoid liberal who want to some kinda guvmint peoples and this will happen to your asses too. We tried to tell you igununt bastridges in 1861 but NOOOOO! Ha ha ha ha ha ha...How Bout Conn. and NY. since they are taking your guns. Welcome to your own breakdown. I hope the most liberal gets that obnoxious grammatical challenge blaque lady council 'ho next door. Your soaking in it!
 Quoting: Anonymous Coward 41756739


Ebonical transklaYshum Available for Harvard graduates and the uppity people from fucked places like uh or uh Long Island or some shit like that. You Mass Yankees fuck off an pahk the cahh!PS The don't got nary gun control in Detroit cause that would fuck shit up when mofos dis yo ass. Make ready Humerika! diversitificashum is cumin at you boing and word to yo mammy. We bes cumin packin to make you neybohood rock.....a 10 dolluh rock y'know what ahm' sayin'?
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
look at africa. look at detroit. the common denominator: africans.
 Quoting: Anonymous Coward 16648993


Da'ss whut I KNOW!!!!!
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
look at africa. look at detroit. the common denominator: africans.
 Quoting: Anonymous Coward 16648993


:racist wtermelon:
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
look at africa. look at detroit. the common denominator: africans.
 Quoting: Anonymous Coward 16648993


Indeed.
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"

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Chrit

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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
We don’t owe that much here in CLE but it will be the same plan. In Cleveland it all started with the housing bubble. Lenders were loaning no joke 150,000 on hundred year old homes in the inner city of Cleveland back in 08. Homes that were at the peak worth 40,000 tops and that was pushing it.

Everyone took the money and foreclosed, whole streets lay abandoned. The banks then bundled entire streets and sold them at bulk losses to certain privileged developers, developers who worked closely with the banks all the time. All of a sudden they were snatching up houses for 1000 to 3000 a piece on homes that that had just 5 year before been falsely appraised at 100,000+

Now these developers who names are well known have huge acreage for penny’s on the dollar just outside the high rise developed areas. They are going to keep the area depressed on purpose so people keep leaving in droves and once enough moves out they will finally develop the land with a whole new concept of what the town will look like. Then the city will jack up taxes even more, mind you taxes are still appraised way to high from 08 and people can barely afford it. So one the new development starts and taxes go even higher it will force the rest of the low income out of the area.

All on purpose, example they just passed a law if you put a single item on your tree lawn in CLE $100 fine, if you throw away something like 10% of recyclables 100 fine. If you do not recycle and recycle yourself $100 fine. Don’t like your neighbor, throw some trash on his lawn and some recyclables in his trash.


It’s over they want everyone out, Detroit’s city services will be cut to nothing police included, the fines will start, the tax rates will skyrocket and city council will be dissolved. The state takeover form Detroit is at hand, they are having meeting as we speak to dissolve Detroit’s city council.

Snip from today; Detroit- The pay of city council and the mayor automatically goes to zero next month if there is a takeover. The Emergency Financial Manager can then decide what level of pay and power they have. The Governor had said he will take "a week or so" to meet. That week is over tomorrow.

He has three more weeks by law to make a decision. Council members are also working behind the scenes on a revised consent agreement to present to the governor to try to avoid a takeover.


[link to www.wxyz.com]

Last Edited by Chrit on 06/15/2013 04:07 PM
I'm only human, it's my biggest flaw.

We must all realize a sink a chair and a pillow are all luxuries of home and a soldiers helmet takes the place of all three.
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
just make sure they put every Oldsmobile under the dirt heap
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Re: DETROIT OWES 2.6 BILLION....DETROIT SAYS WONT PAY...DETROIT BEING BULLDOZED,RETURNED TO ENVIORMENT..."AGENDA 21"
didn't Chrysler do a bunch of ads for the 300 about how Detroit is back about a year or two ago, i kind of remember seeing the ads all over tv and laughing at the hypocrisy
 Quoting: Anonymous Coward 26548545


'Imported from Detroit'





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