Detroit is broke!

Breaking news, the city of Detroit has filed for bankruptcy.

http://money.cnn.com/2013/07/18/news/economy/detroit-bankruptcy/index.html?hpt=hp_t1

Yeah, saw that an hour ago. Everyone is Shocked, Shocked, I tell you to find that Detroit has no money.

Oh i'm not... just waiting until OCP moves in and we get an actual Robocop.

This shocks me more than Bernie Bribing people and finding out that Hennessy Honda of Woodstock sucks.

Not only are they broke, they've been broken for some time now.

And why should the Banks pay as seen in the signs at the top of the article?

How much money does Honda have? Maybe they could buy the whole city. Or Toyota. Dang, that would be funny. For Sale - One major American city, scenic views, needs some work.

In reply to ncjay:

China already has dibs.

Watch it! Don't go saying anything less than flattering about Detroit.
This will be interesting to see how this plays out. I had a feeling it was coming, I don't know that there was much of a choice given that city council wasn't willing to consider anything that might help the city.

Luckily we have all that pickle money keeping Imlay City in the black

Might be time for the "native americans" or whatever we call them this week, to start buying the country back with all the casino$$$$.

logdog wrote: Luckily we have all that pickle money keeping Imlay City in the black

yeah but big pickle owns that town. such a shame.

Not to worry. This is what economic recovery looks like.

NOHOME wrote: Might be time for the "native americans" or whatever we call them this week, to start buying the country back with all the casino$$$$.

Dearborn is how close?

The Chinese & Native Americans don't have a chance. Just google what's been quietly going on in Dearborn for quite some time now.

carguy123 wrote: The Chinese & Native Americans don't have a chance. Just google what's been quietly going on in Dearborn for quite some time now.

Wow--the media blackout on that is pretty astonishing.

1988RedT2 wrote: Not to worry. This is what economic recovery looks like.

x2

This will happen to more municipalities.

More people collecting welfare than are working combined with inept government and not just in Detroit.

How could all that hope and change promised in 2008 let this happen??

ncjay wrote: How much money does Honda have? Maybe they could buy the whole city. Or Toyota. Dang, that would be funny. For Sale - One major American city, scenic views, needs some work.

I GOT FIVE ON IT!!!

Maybe it should have read "Make Kwame Pay!"

carguy123 wrote: Not only are they broke, they've been broken for some time now. And why should the Banks pay as seen in the signs at the top of the article?

poopshovel wrote:

ncjay wrote: How much money does Honda have? Maybe they could buy the whole city. Or Toyota. Dang, that would be funny. For Sale - One major American city, scenic views, needs some work.

I GOT FIVE ON IT!!!

I got a tenner. Can we re-name it GRM-land?

poopshovel wrote:

ncjay wrote: How much money does Honda have? Maybe they could buy the whole city. Or Toyota. Dang, that would be funny. For Sale - One major American city, scenic views, needs some work.

I GOT FIVE ON IT!!!

gamby wrote:

carguy123 wrote: The Chinese & Native Americans don't have a chance. Just google what's been quietly going on in Dearborn for quite some time now.

Wow--the media blackout on that is pretty astonishing.

Yeah, I was going to mention that too.

Fletch1 wrote:

gamby wrote:

carguy123 wrote: The Chinese & Native Americans don't have a chance. Just google what's been quietly going on in Dearborn for quite some time now.

Wow--the media blackout on that is pretty astonishing.

Yeah, I was going to mention that too.

Mention what? What the berkeley are you two on about?

In reply to turboswede:

This: http://www.examiner.com/article/christians-stoned-by-american-muslims-dearborn-as-police-watch

But apparently it's skewed/embellished http://www.patheos.com/blogs/christandpopculture/2013/05/muslims-stoning-christians-in-michigan-not-quite-updated/

I work with a guy from Detroit; his dad is a retired GM autoworker. He won't even take his kids there to see where he grew up as crime was so bad. In fact, his old neighborhood is totally abandoned. He showed photos one day of his old area, and it was shocking. Really something like you would see in a war zone.

I also read a couple of years ago that people were not only moving out, but they were taking their dead with them. They were relocating people out of cemeteries to other parts of the country.

As far as other cities, I imagine Birmingham is not far behind either. I have a relative that works there in the city planning department, and it's in bad, bad shape. The county it is located in is also near bankruptcy.

mndsm wrote:

poopshovel wrote:

ncjay wrote: How much money does Honda have? Maybe they could buy the whole city. Or Toyota. Dang, that would be funny. For Sale - One major American city, scenic views, needs some work.

I GOT FIVE ON IT!!!

I got a tenner. Can we re-name it GRM-land?

"Gentlemen, here is a city no one's using, I propose we turn it into a street circuit."

Strizzo wrote:

logdog wrote: Luckily we have all that pickle money keeping Imlay City in the black

yeah but big pickle owns that town. such a shame.

That Vlasic bird gets away with everything. The cops are always covering for him.