Detroit Files for Chapter 9 Bankruptcy

Detroit Files for Chapter 9 Bankruptcy

There are 21 comments on the KURB-FM Little Rock story from Jul 18, 2013, titled Detroit Files for Chapter 9 Bankruptcy. In it, KURB-FM Little Rock reports that:

Detroit became the biggest American city to file for bankruptcy after its emergency manager filed for Chapter 9 protection on Thursday, with more than $18 billion in accrued obligations, according to the governor.

Join the discussion below, or Read more at KURB-FM Little Rock.

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reality is a crutch

Nashua, NH

#1 Jul 18, 2013
so which American city is next??

and which state will being following them??

all those years of excessive out of control spending by liberal democrats has caught up with cities.
Liberals R Defective

Ashburn, VA

#2 Jul 18, 2013
Another "Chocolate" city goes belly up. I wonder how much of our tax dollars will go to prop these mentally deficient democrat scum that run and populate Detroit. Burn the Crap hole down.
Sean

Brockport, NY

#3 Jul 18, 2013
Today I read about a six year old kid that has survived this long with NO brain, only a tiny part of a spine. Life support must cost millions and will apparently go on indefinitely. This child is a microcosm of Detroit.
bite me

Chester, PA

#4 Jul 19, 2013
will the last person leaving Detroit please turn the lights off
bad

Columbus, GA

#5 Jul 19, 2013
Liberals R Defective wrote:
Another "Chocolate" city goes belly up. I wonder how much of our tax dollars will go to prop these mentally deficient democrat scum that run and populate Detroit. Burn the Crap hole down.
amen to that choclate citys always seem to have [email protected] in their own nest lmao

Since: Mar 09

Location hidden

#7 Jul 19, 2013
And Detroit asked OBLACKMA for money and he said "NO"! ROFLAMAO!!
JudgmentDay

United States

#8 Jul 19, 2013
Why couldn't Ebay with its 24 billion a year in revenues help bail Detroit out?

“what are you talking about you”

Since: Mar 11

schlappington, by god

#9 Jul 19, 2013

“what are you talking about you”

Since: Mar 11

schlappington, by god

#10 Jul 19, 2013
howz that hope & chaynge werkun owt four yuns?

frig my lifes

“Sharia, NOT!”

Since: Jul 10

Suffolk, VA

#11 Jul 19, 2013
reality is a crutch wrote:
so which American city is next??
and which state will being following them??
all those years of excessive out of control spending by liberal democrats has caught up with cities.
Follow the money.
In this case; democrat controlled governments.

Detroit is the 1st and certainly not the last to collapse because of democrat run governments. These areas of the nation have the highest unemployment, crime, welfare, tax rates, etc.
yet, the opposite is true under republican run governments. Why is that? Free enterprise. Less government.

“Sharia, NOT!”

Since: Jul 10

Suffolk, VA

#12 Jul 19, 2013
Sean wrote:
Today I read about a six year old kid that has survived this long with NO brain, only a tiny part of a spine. Life support must cost millions and will apparently go on indefinitely. This child is a microcosm of Detroit.
The boy is Detroit and the tiny spine is the government.
Excellent metaphore.

“what are you talking about you”

Since: Mar 11

schlappington, by god

#13 Jul 19, 2013
Slambo

Castle Rock, CO

#15 Jul 19, 2013
Detroit died long ago for obvious reasons...at least obvious to some.

Time for to shut down all of its municipal operations and declare it an official ghost town. Then maybe serving as a tourist attraction in that capacity will provide an influx of funds to the region instead of the loathsome drain it has been for too many decades now.

“what are you talking about you”

Since: Mar 11

schlappington, by god

#16 Jul 19, 2013
"The problem with Socialism is that eventually you run out of other people's money." ~ Margaret Thatcher

http://s1188.photobucket.com/user/cooterink/m...

frig my lifes!
John Paul

UK

#17 Jul 19, 2013
This is great news
Perhaps France can buy Louisiana back when they run out of money
Or maybe gets the Brits back
Lmao
Woof

La Salle, IL

#18 Jul 19, 2013
I blame the long term political machine of Detroit. It does not matter if they were Democrats or Republicans it is there fault. With a city of 700k people file bankruptcy stuff happens and it will suck for the retires. And I feel for them it is so sad. Now if the city has to pay either the workers now or the people retired, sorry retirees. I understand it may be against the state construction well they may get an IOU and their heirs may get the money somewhere down the line. In about 50 or so years the city may be solvent again because it took 50 years to get here.

Well there is one thing that can be done you can always do what they did in Robo Cop. Sell the City to a private concern. That was a good movie for its day.
Woof

La Salle, IL

#19 Jul 19, 2013
AKA Japan
Woof

La Salle, IL

#20 Jul 19, 2013
reality is a crutch wrote:
so which American city is next??
and which state will being following them??
all those years of excessive out of control spending by liberal democrats has caught up with cities.
City of Chicago
State of Illinois is next
Obamas Hometown
Gary

Brockport, NY

#21 Jul 19, 2013
Woof wrote:
<quoted text>
City of Chicago
State of Illinois is next
Obamas Hometown
An 85-year old husband and wife decide to take a road trip. She drives because she can see and he rides because he can hear.

After travelling for a while, they get pulled over by a State Trooper. She rolls down her window and the cop says, "I need to see your drivers license and vehicle registration please."

The woman turns to her husband and shouts, "WHAT DID HE SAY?"

The husband replies, "HE WANTS YOUR LICENSE AND REGISTRATION!"

The woman gives the documents to the officer and after studying her license the cop says, "Oh, you're from Chicago. I've been there. Actually, the worse piece of ass I ever had was in Chicago!"

The woman turns to her husband and shouts, "WHAT DID HE SAY?"

And the husband replies, "HE SAYS HE KNOWS YOU!"

“what are you talking about you”

Since: Mar 11

schlappington, by god

#22 Jul 21, 2013
Woof wrote:
I blame the long term political machine of Detroit. It does not matter if they were Democrats or Republicans it is there fault. With a city of 700k people file bankruptcy stuff happens and it will suck for the retires. And I feel for them it is so sad. Now if the city has to pay either the workers now or the people retired, sorry retirees. I understand it may be against the state construction well they may get an IOU and their heirs may get the money somewhere down the line. In about 50 or so years the city may be solvent again because it took 50 years to get here.
Well there is one thing that can be done you can always do what they did in Robo Cop. Sell the City to a private concern. That was a good movie for its day.
aint bean no republikins ina detroyt cinc 1961!

http://youtu.be/3UWl7YqSlQI

frig my lifes

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