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Detroit is about to run out of cash. http://www.wxyz.com/dpp/news/regi...-not-found Detroit's financial condition is rapidly deteriorating, and City Hall could run out of cash in December, an official told a state oversight board Monday. The city must find new revenue sources, he said, blaming the worsening outlook on rising medical expenses and lower receipts from taxes and other revenue sources than the city had previously projected. Time to Let Detroit Go Bankrupt. |
| 11-21-2012, 08:25 AM | |
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"If an American is to amount to anything he must rely upon himself, and not upon the State; he must take pride in his own work, instead of sitting idle to envy the luck of others. He must face life with resolute courage, win victory if he can, and accept defeat if he must, without seeking to place on his fellow man a responsibility which is not theirs.” --- Theodore Roosevelt
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Time to call Slim Shady, yo.
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Joe Biden says Buy a Shotgun! Wackiness ensues! [youtu.be]
Keynesians have "stimulus spent" $16 trillion dollars. Where are the jobs? Are you on Obama's Little List? [youtube.com] The biggest tax no one talks about [washingtontimes.com] "George Ought to Help" [youtube.com] Keynes vs Hayek economics rap battle [youtube.com] How the GOP stole the nomination [examiner.com] |
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Detroit is getting the city that they voted for.
The truth: Management at IRS can blame themselves and how they have chaotic and poor management, but God-forbid you, or I, or anybody else in America gets audited and doesn't have their ducks in order and s***-together, your ass is going to court or jail.
Shout out to Congressman Mike Kelly for stating it as it is... Link [realclearpolitics.com] |
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70% of Detroit homicides go unsolved..... http://www.time.com/time/specials...92,00.html
They could probably use the money. Basically, if you kill someone in Detroit and have a brain, odds are definitely in your favor that you can get away with it. |
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Urban Wasteland Becomes Dumping Ground For Bodies [foxnews.com]
Maybe Detroit could charge a tipping fee to shore up their budget? |
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Since we are posting about all the things that make Detroit such a swell city, how about it's grocery chain landscape (or lack thereof [cnn.com])
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We were recently in Detroit - earlier in the year. Watching the news at the hotel, we learned that Detroit had been setting up local police hubs (more like bunkers) in the worst areas of town. When you had an emergency, you could make your way to the bunker and find a police detachment there. Due to budget constraints, Detroit police were closing all the police hubs and installing land line phones so you could call in a crisis. The remaining police stations would have regular business hours and close at 4pm.
Congress - Bingo with billions (Red Skeleton)
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