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Thread: Detroit bankruptcy moves forward as judge rules city can shed debt

  1. #21
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Fenton View Post
    Liberals and Democrats lie
    And this is why you're absolutely impossible to have a conversation with. Adios.
    Freedom of speech is not freedom from criticism.

  2. #22
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Kobie View Post
    The interesting thing is, it seems to me
    that a lot of conservatives are THRILLED that Detroit went bankrupt. Because it was run by a Democrat (who was also a corrupt asshole), it allows them to blame Detroit's problems on LIBERALISM, rather than the fact that the city government was a bunch of corrupt assholes. See, in Conservaland, liberalism and corruption are synonyms, just like liberalism and any other bad thing they can think of.
    They DO go hand in hand.

    Look there is the greed angle sure. But Liberal Governments turn to corruption because they can't admit that it was their ideology that bankrupted the city, or the pension fund.

    Liberals know NO humillity.

    So when you build your "workers paradise" by inflating your cities public sector to exponential proportions, and then offer up very generous health plans, retirement, bonus etc that are so expensive they simply cannot be sustained, but you try anyway by increasing taxes on the "big eeebil corpprations and rich people" ( which then causes them to move, and they take their money withe them ) what your left with is a group of city leaders who then start borrowing to perpetuate the plan that was unsustainable from the begining.

    Justifying it by saying things like " Obama will bail us out", or " a recovery is right around the corner" when they've already run out their industry.

    They finnally run out REAL wealth, ( Corporations and rich folks have left because you taxed them out of your City) so they start borrowing from the pension funds, or sell worthless Munies.

    Eventually you wind up with Detroit. They can't hide their debt anymore and HELL YES we Conservatives are using that Cities failure as proof that Liberalism results in misery and complete abject failure.

    We care about our Country.

  3. #23
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Fenton View Post
    They DO go hand in hand.
    You're nothing more than a hyperpartisan bombthrower. Conversation over.
    Freedom of speech is not freedom from criticism.

  4. #24
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Kobie View Post
    This guy disagrees.

    State could have prevented Detroit bankruptcy, says professor studying struggling U.S. cities | MLive.com

    It's fun to blame everything bad on "liberals and unions," but it's bull****.
    Interesting read. I especially found this informative...:
    “Race aggravates matters. The city is 83% black. Adjacent Oakland County is 77% white, and more than twice as rich,”21 noting there is an undeniable racial element. Detroit has an all black city council and an uninterrupted line of black mayors going back to 1974. With Detroit now under
    emergency management, the calculus demonstrates that nearly half of Michigan’s African-American population lives under leaders who were not democratically elected; only 1.3 percent of whites live in the affected areas, according to a May press release from the Detroit chapter of the NAACP, which is
    challenging Gov. Snyder’s right to appoint emergency managers.22 The lawsuit claims that the law violates the 14th amendment. Numerous prominent civil rights leaders have denounced the law and Orr’s appointment in particular. Jesse Jackson called it “a dangerous precedent for our nation.”23
    From imbedded link in article

    Would this be considered racist?
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

  5. #25
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Dickieboy View Post
    Interesting read. I especially found this informative...:

    From imbedded link in article

    Would this be considered racist?
    I'm sure somebody probably considers it racist, there's probably some people out there who feel that white bread is racist. But I don't see how it is.
    Freedom of speech is not freedom from criticism.

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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Kobie View Post
    ...The guy in the article I cited also said that state money that was earmarked for Detroit (as every state government has for almost every city) was instead being used to plug gaps in the state budget. I see that point was ignored just so you could rant against "liberals," which is pretty much all you do.
    This:
    In fact, some were being pushed over the cliff by legislative action," Gilmartin said, citing revenue sharing cuts over the past decade that contributed to growing deficits in Detroit and elsewhere.

    "When you take $6 billion that should be going to local units of government over a 10 year period, and you redirect it to plug holes in the state budget, that's a problem
    How much EXACTLY was DETROIT suppose to get? Further perhaps this is the money he was speaking of:
    http://michigan.michigan.gov/documen...5_140185_7.htm

    Why didn't Granholm follow through on this money? Perhaps it is because she is a Republican...oh, wait
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

  7. #27
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Fenton View Post

    Liberals and Democrats lie, ....
    Just have to get you on record for this......So you don't think Conservatives and Republicans lie? Can you honestly say NO republicans and NO conservatives lie?

  8. #28
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Fenton View Post
    LOL !!

    No, the consequence of full blown Liberalism and corruption. Apparently they go hand in hand.

    Funny you brought up California. Jerry Brown likes to claim a projected balanced budget, but ignores a unfunded pension fund that by Conservative estimates is unfunded by up to 80 billion dollars.

    Just because they've hid their debt doesn't mean they're not far behind Detroit, especially when Californians elect someone like Jerry Brown.

    Liberals and Democrats lie, so post your examples of a working Liberal paradise, and hope no one digs in to the reality that most liberal locals are either already too far gone to save or quickly on the way to insolvency.

    You CANT build an economy on a public sector while you attack your private sector and expect success.

    Look at Greece, its exactly what caused them to go bankrupt.
    Yes, California has had some problems and its been a mixed bag. However if you look at everything overall they have done pretty well, conquering some pretty fierce problems and they are moving in a better direction now. You can only hope they would go bankrupt like Detroit but its not going to happen.

    So if you look at Texas... you will see a mixed bag as well. Conditions are favorable for the well to do as well as some of the older folks who have already cut out their living, but everyone else is screwed. Texas ranks poorly in many, many metrics concerning the average citizen.

    So what we have is California that tries to create a state that works alright for everyone and is moderately successful, moderately failing.

    Texas tries to create a state that works great for those on top and to hell with everyone else they're on their own, and that's what they got.

    Am I supposed to be more impressed by the conservative results? Is it really such an achievement to wax the shiny car and make it look good?

  9. #29
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Kobie View Post
    You're nothing more than a hyperpartisan bombthrower. Conversation over.
    I thought about not even responding to him. Its obvious he isn't here to learn anything or even consider another viewpoint, he just wants to talk ****.

  10. #30
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    Re: Detroit bankruptcy moves forward as judge rules city can shed debt

    Quote Originally Posted by Kobie View Post
    You're nothing more than a hyperpartisan bombthrower. Conversation over.
    Telling the truth isn't partisan bomb throwing.

    Honestly, are you seriously going to try and claim that Liberalism promotes honest and objective analysis ?

    With Obama in office ( Benghazi, IRS targeting innocent Americans, Lies about keeping your Doctor and Insurance, Fast and Furious ) your'e going to try and claim the moral high ground ?

    LOL !!

    Look, Liberalism on a Government level doesn't work. On a strictly ideological basis it opposes the production of wealth and free market principles and moves towards a State run economy where Higher Taxes and future revenues are used to finance a ever increasing debt as it offers up very generous benefits and health care for its Public Sector employees.

    In an effort to prove that they can produce the ultimate workers paradise they eventually drive up massive amounts of unsustainable debt while they isolate and drive away industry and real wealth with the continued threat of increased taxes.

    Its essentially a Pyramid scam. The initial workers may work for the city and earn a good wage, get full medical and long paid vactions, plus bonuses. They may even retire when they're 50.

    But in effort to perpetuate a unsustainable economic concept, local politicians start looking for " creative ways " to fund the next 20 years, as Public Sector Unions push for more benefits. Therein lies the corruption and lies and the empty promises.

    Hiding debt, and pro-claiming good fiscal health while they borrow money by corrupting the markets with worthless bonds

    Look what Jerry Browns doing with his public sector pension fund.

    He projected a "SURPLUS" when Californias Public Workers pension fund wasunderfunded by as much as 330 BILLION dollars.

    SEE ? Lies, corruption, no integrity, just a ridiculous man who's still pushing for increased spending and Higher taxes on the "Rich".

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