gen3flygirl Posted July 18, 2013 Report Share Posted July 18, 2013 Is anyone surprised? http://m.nbcnews.com/business/reports-detroit-files-bankruptcy-6C10678946 Quote Link to comment Share on other sites More sharing options...
Casper Posted July 18, 2013 Report Share Posted July 18, 2013 Came here to post the same thing. http://rt.com/usa/detroit-us-biggest-bankruptcy-279/ $18 billion in debt. Eventually, those debtors come knocking wanting their money back. Quote Link to comment Share on other sites More sharing options...
baptizo Posted July 18, 2013 Report Share Posted July 18, 2013 Not really....it was long overdue. Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted July 18, 2013 Report Share Posted July 18, 2013 Maybe I'll buy Detroit as a fix-n-flip after it get's foreclosed. 1 Quote Link to comment Share on other sites More sharing options...
chevysoldier Posted July 18, 2013 Report Share Posted July 18, 2013 Awesome liberals did an awesome job running the city. 1 Quote Link to comment Share on other sites More sharing options...
ReconRat Posted July 18, 2013 Report Share Posted July 18, 2013 Ever wonder about all the British investing in real estate in Detroit?They bought in pretty heavy, I wonder what their investment is worth now. Quote Link to comment Share on other sites More sharing options...
cmh_sprint Posted July 19, 2013 Report Share Posted July 19, 2013 The state has been running the city for the past few months trying to keep it a float. They brought in a consultant to be a liaison between the 2 parties. Said consultant was/is on the City of Detroit's dime. It was discovered about a month ago this gentleman has been staying in a 5 star, $500/ night hotel the entire time. Several council members have gone underground due to corruption issues. All of the manager's that report to me live in SE Michigan and it has been a treat following this and other dealings in Detroit. The entire state of Michigan is fucked 3 ways from Sunday. Quote Link to comment Share on other sites More sharing options...
QuikAccord Posted July 19, 2013 Report Share Posted July 19, 2013 Interesting news. I'm going to the Detroit area for this weekend. Quote Link to comment Share on other sites More sharing options...
2talltim Posted July 19, 2013 Report Share Posted July 19, 2013 Give the whole state to Canada! Done! Sent from my SCH-I535 using Tapatalk 2 Quote Link to comment Share on other sites More sharing options...
MidgetTodd Posted July 19, 2013 Report Share Posted July 19, 2013 I have a meeting in the big D today and in 2 weeks, I hate that shit hole Quote Link to comment Share on other sites More sharing options...
Bad324 Posted July 19, 2013 Report Share Posted July 19, 2013 All I have is....AT LEAST WE'RE NOT DETROIT! Quote Link to comment Share on other sites More sharing options...
Vulcan_Rider Posted July 19, 2013 Report Share Posted July 19, 2013 (edited) In 1960 Detroit was the richest per capita city, since then it has been on a constant decline. Lets look at the mayors from 1960 on. Louis Miriani September 12, 1957 – January 2, 1962 Republican[96] - Jerome Cavanagh January 2, 1962 – January 5, 1970 Democratic[6] Roman Gribbs January 6, 1970 – January 1, 1974 Democratic[6] Coleman Young January 1, 1974 – January 3, 1994 Democratic[6] Dennis Archer January 3, 1994 – December 31, 2001 Democratic[101] Kwame Kilpatrick January 1, 2002 – September 18, 2008 Democratic[103] Kenneth Cockrel, Jr. September 18, 2008 – May 11, 2009 Democratic.[106] Dave Bing May 11, 2009 – present Democratic[106] weird Edited July 19, 2013 by Vulcan_Rider 1 Quote Link to comment Share on other sites More sharing options...
Bad324 Posted July 19, 2013 Report Share Posted July 19, 2013 ^^^thats why CLE is probably next 1 Quote Link to comment Share on other sites More sharing options...
MidgetTodd Posted July 19, 2013 Report Share Posted July 19, 2013 Surely that's just a fluke or coincidence ^^ 2 Quote Link to comment Share on other sites More sharing options...
ohiomike Posted July 19, 2013 Report Share Posted July 19, 2013 I was a kid growing up around the Det are back in the 60's. Back then it was the 3rd largest city in the US behind Chicago and NY and a very vibrant city. Its hard to believe its gone downhill so much that its barely larger, population wise, than Columbus. But the town is just a shell of what it once was. Sad indeed.... Quote Link to comment Share on other sites More sharing options...
Vulcan_Rider Posted July 19, 2013 Report Share Posted July 19, 2013 ^^^thats why CLE is probably next Cleveland biggest problem is the number of people on city payroll. For starters Cleveland (82 square miles, population less than 400,000) has 19 people on city council, Columbus (223 square miles, population over 800,000) on the other hand only has 7. Almost 3 times as many council members for less than half the population and a little more than a third of the land. I cant find it now but there was an article written a couple years ago detailing how many people were on the cities payroll as well as what they did. In that article it showed crazy things like the city employed 5 botanists that were all making over $100,000 a year and also how some people would retire from a job with the city and collect full pension and then get another job with the city and retire from that to get a partial pension and then still be employed by the city for another job so they would be collecting 3 paychecks from Cleveland while working part time doing parking enforcement. Quote Link to comment Share on other sites More sharing options...
Ziggy Posted July 19, 2013 Report Share Posted July 19, 2013 I think Cincy is going to give Cleveland a run for the first in Ohio to declare bankruptcy. City councilmen with their heads in the sand, and a city manager, that feel installing a $17 billion streetcar (that the constituents don't want and the city can't afford to run) is a good idea, just don't seem to understand. Quote Link to comment Share on other sites More sharing options...
Vulcan_Rider Posted July 19, 2013 Report Share Posted July 19, 2013 I think Cincy is going to give Cleveland a run for the first in Ohio to declare bankruptcy. City councilmen with their heads in the sand, and a city manager, that feel installing a $17 billion streetcar (that the constituents don't want and the city can't afford to run) is a good idea, just don't seem to understand. I would have to go with Youngstown on this one. Quote Link to comment Share on other sites More sharing options...
Casper Posted July 19, 2013 Report Share Posted July 19, 2013 Give the whole state to Canada! Done!Sent from my SCH-I535 using Tapatalk 2 Then make Mexico the new 50th state so we don't have to change the flag. 1 Quote Link to comment Share on other sites More sharing options...
RidersDiscount Posted July 19, 2013 Report Share Posted July 19, 2013 Give the whole state to Canada! Done!Sent from my SCH-I535 using Tapatalk 2 Pretty much all Canadian up here anyways. Quote Link to comment Share on other sites More sharing options...
DAC Posted July 19, 2013 Report Share Posted July 19, 2013 Wait.. I thought it didn't matter how much debt a government carried? It doesn't if you can print your own money and get everybody to bench major commodities to it. Quote Link to comment Share on other sites More sharing options...
2talltim Posted July 19, 2013 Report Share Posted July 19, 2013 Then make Mexico the new 50th state so we don't have to change the flag. Nah just make separate Ohio and a NEO. We don't want to be associated with to guys anyway Quote Link to comment Share on other sites More sharing options...
2talltim Posted July 19, 2013 Report Share Posted July 19, 2013 Pretty much all Canadian up here anyways.Eh? Quote Link to comment Share on other sites More sharing options...
JohnG Posted July 20, 2013 Report Share Posted July 20, 2013 (edited) Went to a wedding up there four years ago and stayed downtown in the Marriott. I was BLOWN AWAY at how desolate the city was then. Entire buildings boarded up. Like, four places to eat in the entire downtown. Rode the people mover around the circuit three times hoping that we'd see something worth stopping to look at... And when they started running those Chrysler commercials about a year ago? All I could think of was that rotting city and good fucking luck. GM wanted everyone to think that it was all gonna be rose petals and butterfly kisses and people actually bought into that advertising scam cause nobody knew any different than what they saw on TV... What a mind screw that was. But then nobody remembers that now... What a joke. What a shame, really. Edited July 20, 2013 by JohnG Quote Link to comment Share on other sites More sharing options...
Pokey Posted July 20, 2013 Report Share Posted July 20, 2013 More fires each and everyday than any city in the country.......it aint even close! Quote Link to comment Share on other sites More sharing options...
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