Posted in the Grand Rapids Forum
#43 Jul 20, 2013
Obama let GM and Chrysler go bankrupt and now says no bailout for Detroit. I think he needs the money for another Hawaiian vacation. Watch your Obama phones they are next to be cut.
"Detroit has been spending on average $100 million more than it has taken in for each of the past five years. The city’s $11 billion in unsecured debt includes $6 billion in health and other retirement benefits and $3 billion in retiree pensions for its 20,000 city pensioners, who are slated to receive less than 10 percent of what they were promised. Between 2007 and 2011, an astounding 36 percent of residents lived below the poverty line. Last year, the FBI cited Detroit as having the highest violent crime rate for any major American city. In the first 12 years of the new century, Detroit lost more than 26 percent of its population.
And now Detroit’s desperate request for a bailout has been turned down by the Obama White House."
#44 Jul 20, 2013
Let the liberals and brown people, who caused the mess, figure it out. Consider detroit a lesson.
Because F detroit.
“Where I came from”
Since: Jan 09
#45 Jul 20, 2013
Its real simple why this has happened as it is happening in other parts of the country and no one gets it or just wont see the truth and I wont tell you why when its right in your face and you refuse to acknowledge it. Okay I will tell you, politics and corrupt politicians, plain and simple as that, oh yeah one more socialism and people who work a system and get something for nothing for one reason or another.. And one more making promises that no one can keep to lure you into a false sense of security fools....
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