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another_liberal

(8,821 posts)

26. But for bankers short term help is just fine?

Reply to sweetapogee (Reply #25)

Fri Jul 19, 2013, 12:17 AM

Jul 2013

The government should help people really in need, not fatcats who steal from the poor and middle class for a living. If the people of Detroit can only be helped for now, then they should be helped for now. Better yet, though, we should tax bankers equitably and seize their money hidden overseas in tax shelters. If that were done, Detroit could have what it needs long term.

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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

Yes. The emergency manager legislation provides executive powers Bing did not have. nt hack89 Jul 2013 #4

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