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(9,623 posts)

9. I believe these 3 cities are mosly red areas..

Thu Jul 18, 2013, 05:28 PM

Jul 2013

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Detroit files for Bankruptcy [View all] TomClash Jul 2013 OP

USA Today TomClash Jul 2013 #1

They needed an emergency manager to do that? KamaAina Jul 2013 #2

At least three cities in California have declared bankruptcy KamaAina Jul 2013 #5

Perhaps California has different laws? nt hack89 Jul 2013 #6

I believe these 3 cities are mosly red areas.. movonne Jul 2013 #9

By California standards, yes KamaAina Jul 2013 #21

City worker's pensions and other retirement funds will be wiped out dixiegrrrrl Jul 2013 #8

Cat Food and Food stamps for the elderly retired warrant46 Jul 2013 #14

Probably not food stamps... dixiegrrrrl Jul 2013 #22

As Expected, The Emergency Manager DallasNE Jul 2013 #12

Detroit Free Press alp227 Jul 2013 #3

Snyder's policies are working ZRT2209 Jul 2013 #7

They are actually the Koch Bros policies which Snyder implements as fiat SleeplessinSoCal Jul 2013 #13

Exactly! another_liberal Jul 2013 #19

this is just so sad Danmel Jul 2013 #10

We're the first of this magnitude, we won't be the last. PassingFair Jul 2013 #16

You are probably right Danmel Jul 2013 #23

That's what you get when you have a Repug governor harrose Jul 2013 #11

First a Ghetto then a wasteland warrant46 Jul 2013 #15

Municipal bond insurers are gonna get a bailout of Fed money. roamer65 Jul 2013 #17

The Federal government can give hundreds of billions to bankers . . . another_liberal Jul 2013 #18

no expert here sweetapogee Jul 2013 #25

But for bankers short term help is just fine? another_liberal Jul 2013 #26

Detroit bankruptcy to last at least a year: emergency manager Eugene Jul 2013 #20

demolish everything...put in a moose preserve ... quadrature Jul 2013 #24

Here is a question for you all. cstanleytech Jul 2013 #27

I'm no expert, but have lived in Detroit ... JustABozoOnThisBus Jul 2013 #28

Monetize all of Detroit's debt then forgive it. roamer65 Jul 2013 #29

Yeah, they tried that in East Germany and eventaully that plan failed. Pterodactyl Jul 2013 #30

Detroit is the first victim of the massive cuts to revenue sharing... roamer65 Jul 2013 #31