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07-18-2013, 03:37 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Detroit requests bankruptcy protection
Its official. The largest city to ever file. Sad day.
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07-18-2013, 05:02 PM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,191
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Quote:
Originally Posted by whell
Its official. The largest city to ever file. Sad day.
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Why is just today a sad day when this was forthcoming? I don't think the city had any other choice other than continue to bleed. I do realize that pensions will be impacted and that is SAD. That money should have been protected like our social security.
Obama would have bailed you out if you didn't badmouth him so much.
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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07-18-2013, 05:57 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Pukka Sahib
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Sad, because it didn't have to come to this. Sad, because the implications of this will be felt for a long time, not just in the city, but nationally. Sad, because of the pensioners who will be among those who will take a haircut, and all they did was show up for work. Sad, because the city has no significant income, no pathway to recovery, and the bankruptcy will make it extremely difficult for years to come to raise any significant capital.
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07-18-2013, 06:32 PM
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Sir Lord Vader of Cheam
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Join Date: Nov 2009
Location: Lewiston, ID
Posts: 5,065
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The very moment Ronald Reagan became President, it was going to come to this. Clinton and Obama only managed to hold on while bailing water under his original sinking ship policies.
__________________
"American" means calling everyone who disagrees with you a traitor?
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07-18-2013, 07:10 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Zeke
The very moment Ronald Reagan became President, it was going to come to this. Clinton and Obama only managed to hold on while bailing water under his original sinking ship policies.
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No matter that Detroit's decline started years before Reagan became president. But way to go, Zeke, for clinging to your tired talk track no matter what the facts might be.
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07-18-2013, 07:16 PM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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History shows that the fix for a rust belt city going bust is a good Republican.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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07-18-2013, 07:26 PM
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Sir Lord Vader of Cheam
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Join Date: Nov 2009
Location: Lewiston, ID
Posts: 5,065
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Quote:
Originally Posted by whell
No matter that Detroit's decline started years before Reagan became president. But way to go, Zeke, for clinging to your tired talk track no matter what the facts might be.
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Odd.
I seem to recall Lee Iacocca rejuvenating Detroit -- with both Ford and Chrysler -- just prior to Reaganomics...
__________________
"American" means calling everyone who disagrees with you a traitor?
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07-18-2013, 07:27 PM
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Sir Lord Vader of Cheam
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Join Date: Nov 2009
Location: Lewiston, ID
Posts: 5,065
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Quote:
Originally Posted by piece-itpete
History shows that the fix for a rust belt city going bust is a good Republican.
Pete
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If by "fix" you mean belly up.
__________________
"American" means calling everyone who disagrees with you a traitor?
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07-18-2013, 07:33 PM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Quote:
Originally Posted by whell
No matter that Detroit's decline started years before Reagan became president. But way to go, Zeke, for clinging to your tired talk track no matter what the facts might be.
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From the comments I've seen about Reagan tonite, I think he might have stolen your position as No. 1 whipping boy.
As for who destroyed Detroit, I think the City of Detroit deserves a certain amount of credit.
Chas
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07-18-2013, 08:27 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Zeke
Odd.
I seem to recall Lee Iacocca rejuvenating Detroit -- with both Ford and Chrysler -- just prior to Reaganomics...
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You're in need of a history lesson. Yes, he had a positive impact on the fortunes of Chrysler, giving us the K Car and the Minivan, and the Mustang with Ford. Detroit's decline was well under way before Iacocca showed up. Even the modest, short term rising tides of Chrysler couldn't compete with that.
Last edited by whell; 07-18-2013 at 08:30 PM.
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