TheAmerican Posted June 14, 2013 Share Posted June 14, 2013 --- libturd policies at work! Emergency Manager: Detroit Won't Pay $2.5B It OwesBy COREY WILLIAMS Associated PressROMULUS, Mich. June 14, 2013 (AP)Detroit's emergency manager says the city is defaulting on about $2.5 billion of debt.Kevyn Orr said Friday that Detroit is asking creditors to take about 10 cents on the dollar of what they're owed. Underfunded pension claims will get less.Orr spent about two hours Friday morning with dozens of people representing banks, insurers and companies holding Detroit debt. He told reporters earlier at an airport hotel in Romulus he wants to fix fiscal problems that have made the city insolvent.He has instituted a moratorium on all of Detroit's payments on unsecured debt, seeking forgiveness of millions of dollars owed by the city.He also said $1.25 billion will be set aside over 10 years for public safety, lighting and neighborhood blight elimination. http://abcnews.go.com/US/wireStory/emergency-manager-detroit-pay-25b-owes-19403331#.UbuIUPnn_Z4 Quote Link to comment Share on other sites More sharing options...
Golfboy Posted June 14, 2013 Share Posted June 14, 2013 They're liberals, they don't pay their own bills and have absolutely no issue with sticking someone else with their costs. Quote Link to comment Share on other sites More sharing options...
TheAmerican Posted June 14, 2013 Author Share Posted June 14, 2013 They're liberals, they don't pay their own bills and have absolutely no issue with sticking someone else with their costs. Don't be so pessimistic! Things look 'good' in Detroit!! Quote Link to comment Share on other sites More sharing options...
Golfboy Posted June 14, 2013 Share Posted June 14, 2013 Don't be so pessimistic! Things look 'good' in Detroit!! Looking... looking.... looking. Nope, not seeing anything. Quote Link to comment Share on other sites More sharing options...
LoreD Posted June 14, 2013 Share Posted June 14, 2013 The emergency manager that made this decision was appointed by Rick Snyder, Republican Governor of Michigan; so we can blame the Republicans for the decision to default on the debt. http://www.huffingtonpost.com/2013/03/14/kevyn-orr-detroit-emergency-manager_n_2875905.html Michigan Gov. Rick Snyder recommended Kevyn Orr, a bankruptcy lawyer with the firm Jones Day in Washington DC, to become Detroit's emergency financial manager on Thursday, March 14, 2013 (Courtesy Jones Day). Michigan Gov. Rick Snyder has been considerably tight-lipped about his pick for Detroit's emergency financial manager. But on Thursday he finally ended intense media speculation by recommending Kevyn Orr, a partner with the Jones Day law firm, for the position. Quote Link to comment Share on other sites More sharing options...
zebra20zebra20 Posted June 14, 2013 Share Posted June 14, 2013 Detroit has been run by the dems for the last 40 years, now you know why they went bankrupt. Had nothing to do with the repubs except they moved out in the late 60's when Mayor Coleman Young (D) allow the crooks to mug everybody on the street who had a wallet or purse. Quote Link to comment Share on other sites More sharing options...
deezer shoove Posted June 14, 2013 Share Posted June 14, 2013 The emergency manager that made this decision was appointed by Rick Snyder, Republican Governor of Michigan; so we can blame the Republicans for the decision to default on the debt. http://www.huffingtonpost.com/2013/03/14/kevyn-orr-detroit-emergency-manager_n_2875905.html Michigan Gov. Rick Snyder recommended Kevyn Orr, a bankruptcy lawyer with the firm Jones Day in Washington DC, to become Detroit's emergency financial manager on Thursday, March 14, 2013 (Courtesy Jones Day). Michigan Gov. Rick Snyder has been considerably tight-lipped about his pick for Detroit's emergency financial manager. But on Thursday he finally ended intense media speculation by recommending Kevyn Orr, a partner with the Jones Day law firm, for the position. You are a complete moron. Blame the Republicans? It took decades to crush the city. Did ok until Soulman Young enabled shitheads to rule. And he was a bigger crook than anyone since. The people that know are the ones who lived through this stuff. Go find a link or something, stupid. Quote Link to comment Share on other sites More sharing options...
ObummerStinks Posted June 14, 2013 Share Posted June 14, 2013 When was the last non-Democrat mayor of that shithole liberal run city? Quote Link to comment Share on other sites More sharing options...
johndnorth Posted June 15, 2013 Share Posted June 15, 2013 Because of the default Detroit will have to pay higher interest rates the next time they borrow. There is no free anything. Detroit will pay for this foolishness for decades. Another dem. success story. Quote Link to comment Share on other sites More sharing options...
zebra20zebra20 Posted June 15, 2013 Share Posted June 15, 2013 Because of the default Detroit will have to pay higher interest rates the next time they borrow. There is no free anything. Detroit will pay for this foolishness for decades. Another dem. success story. And Obama is duplicating here in the U.S. with the same policies!!!!!!!!!!!!!!!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Mildred Posted June 15, 2013 Share Posted June 15, 2013 Detroit is a monument to unopposed liberal policy. Take a good long hard look. Thank God they're not employed and prospering like all those damn racist red necks in Texas. Quote Link to comment Share on other sites More sharing options...
Kobia2 Posted June 15, 2013 Share Posted June 15, 2013 If you want the best depiction of Detroit today.... just watch a couple Episodes of Hard Core Pawn Detroit. Quote Link to comment Share on other sites More sharing options...
deezer shoove Posted June 15, 2013 Share Posted June 15, 2013 If you want the best depiction of Detroit today.... just watch a couple Episodes of Hard Core Pawn Detroit. Not so. Quote Link to comment Share on other sites More sharing options...
TheNightStalker Posted June 15, 2013 Share Posted June 15, 2013 Niggers not paying their bills? That's unheard of. Quote Link to comment Share on other sites More sharing options...
skews13 Posted June 15, 2013 Share Posted June 15, 2013 --- libturd policies at work! Emergency Manager: Detroit Won't Pay $2.5B It Owes By COREY WILLIAMS Associated Press ROMULUS, Mich. June 14, 2013 (AP) Detroit's emergency manager says the city is defaulting on about $2.5 billion of debt. Kevyn Orr said Friday that Detroit is asking creditors to take about 10 cents on the dollar of what they're owed. Underfunded pension claims will get less. Orr spent about two hours Friday morning with dozens of people representing banks, insurers and companies holding Detroit debt. He told reporters earlier at an airport hotel in Romulus he wants to fix fiscal problems that have made the city insolvent. He has instituted a moratorium on all of Detroit's payments on unsecured debt, seeking forgiveness of millions of dollars owed by the city. He also said $1.25 billion will be set aside over 10 years for public safety, lighting and neighborhood blight elimination. http://abcnews.go.com/US/wireStory/emergency-manager-detroit-pay-25b-owes-19403331#.UbuIUPnn_Z4 The emergency manager was appointed by a Republican governor. Is it that you rightwards just know how to accept personal responsibility for anything, or just your own failures? Quote Link to comment Share on other sites More sharing options...
dano bivins Posted June 15, 2013 Share Posted June 15, 2013 Damn niggers. Quote Link to comment Share on other sites More sharing options...
TheAmerican Posted June 15, 2013 Author Share Posted June 15, 2013 The emergency manager was appointed by a Republican governor. Is it that you rightwards just know how to accept personal responsibility for anything, or just your own failures? hmmmm... who's the major of Detroit?? Quote Link to comment Share on other sites More sharing options...
zebra20zebra20 Posted June 15, 2013 Share Posted June 15, 2013 The emergency manager was appointed by a Republican governor. Is it that you rightwards just know how to accept personal responsibility for anything, or just your own failures? Your a racist for pointing out a Republican Governor appointed a capable Emergency Manager to correct a serious problem. BTW, the EM is black! Quote Link to comment Share on other sites More sharing options...
TheAmerican Posted June 15, 2013 Author Share Posted June 15, 2013 Your a racist for pointing out a Republican Governor appointed a capable Emergency Manager to correct a serious problem. BTW, the EM is black! Quote Link to comment Share on other sites More sharing options...
shintao Posted June 15, 2013 Share Posted June 15, 2013 --- libturd policies at work! Emergency Manager: Detroit Won't Pay $2.5B It Owes By COREY WILLIAMS Associated Press ROMULUS, Mich. June 14, 2013 (AP) Detroit's emergency manager says the city is defaulting on about $2.5 billion of debt. WTF dumbass, returds are famous for bailouts, subsidies, etc. and never pay back a damned dime. Where is the Wallstreet return of a trillion as.shole?? Get your fking priorities in order dumbchit!! LMAO!! Quote Link to comment Share on other sites More sharing options...
TheAmerican Posted June 15, 2013 Author Share Posted June 15, 2013 WTF dumbass, returds are famous for bailouts, subsidies, etc. and never pay back a damned dime. Where is the Wallstreet return of a trillion as.shole?? Get your fking priorities in order dumbchit!! LMAO!! Watch your language!! There are adults here... if you can't behave move back to Africa! Quote Link to comment Share on other sites More sharing options...
skews13 Posted June 15, 2013 Share Posted June 15, 2013 hmmmm... who's the major of Detroit?? Doesn't matter who the mayor is. Once the Republican governor appointed the emergency manager, the city was under complete Republican control at that point with all of the decision making coming from the governor and the emergency manager. Apparently it was a failed policy by the governor who now has to explain to the citizens why he appointed himself imperial grand dragon, and threw out a democratically elected government in favor of a dictatorship. The failed communist policies of a failed Republican led state. Quote Link to comment Share on other sites More sharing options...
Mildred Posted June 15, 2013 Share Posted June 15, 2013 Doesn't matter who the mayor is. Once the Republican governor appointed the emergency manager, the city was under complete Republican control at that point with all of the decision making coming from the governor and the emergency manager. Apparently it was a failed policy by the governor who now has to explain to the citizens why he appointed himself imperial grand dragon, and threw out a democratically elected government in favor of a dictatorship. The failed communist policies of a failed Republican led state. Detroit didn't get messed up by republicans. You should try to sell that to some naïve college kids. Quote Link to comment Share on other sites More sharing options...
TheAmerican Posted June 15, 2013 Author Share Posted June 15, 2013 Doesn't matter who the mayor is. Once the Republican governor appointed the emergency manager, the city was under complete Republican control at that point with all of the decision making coming from the governor and the emergency manager. Apparently it was a failed policy by the governor who now has to explain to the citizens why he appointed himself imperial grand dragon, and threw out a democratically elected government in favor of a dictatorship. The failed communist policies of a failed Republican led state. oh... shall we count California in? Quote Link to comment Share on other sites More sharing options...
JTZilla Posted June 15, 2013 Share Posted June 15, 2013 dems never take the blame for thier irrational behavior or policies, they ruin everything they touch,,,,,,, You cannt name one good democrat law that has ever been made ,,,, there isnt one Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.