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Thread: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by haymarket View Post
    Wanting to rid the city of its pension obligations is one of his goals.
    I think his key goal is to have creditors holding GO bonds take a haircut, not an easy thing to do.

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by haymarket View Post
    Lets start with your first item.

    Please provide verifiable evidence for this claim.
    I don't need a weather report to know it's raining, I can just look out the window.

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Unitedwestand13 View Post
    and what about the people whose pensions are at risk? do we have to give them nothing?
    You just don't get it. There is no money to pay them. Money doesn't grow on trees. There simply isn't any. It doesn't matter how much you wish there was, there just isn't.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by washunut View Post
    I think his key goal is to have creditors holding GO bonds take a haircut, not an easy thing to do.
    I agree with you.
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Woodman909 View Post
    I don't need a weather report to know it's raining, I can just look out the window.
    Thank you for clearly indicating you are unable to substantiate your claim with any evidence.
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by MaggieD View Post
    Edit: Wait!!! The $327 million is their deficit. Their debt is $18.4 billion. Holy crap. That's a different horse: that's $26,000 per resident.

    Never mind.
    And a huge number of those people are on welfare or other government assistance and don't have jobs. Detroit is dead. Shoot it and move on.
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Cephus View Post
    And a huge number of those people are on welfare or other government assistance and don't have jobs. Detroit is dead. Shoot it and move on.
    But they won't shoot it and move on. So how does one resurrect a dying city?
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Nothing in those links provides any substantiation for the claims

    City unions getting everything they ever asked for.
    City government giving them everything they ever asked for, so they can stay in office.
    There is nothing there that supports those allegations.

    But feel free to now actually quote from these links and tell us how they support the claim that unions got everything they asked for and the city government gave unions everything they asked for so they could stay in office.

    I welcome seeing that evidence.
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Ikari View Post
    If government can declare bankruptcy, then there's nothing preventing the federal government from reneging on its debts.
    And why can't it? Just because you don't like it doesn't mean it can't happen.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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