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Detroit Recovery Plan Threatens Muni-Market Underpinnings
You knew Detroit went bankrupt? Well given that news — This is not good for bond holders: proposed a deal last week that included skipping a $39.7 million payment on pension-obligation debt. The city...
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Sure It Will, Plenty Of Jobs For Bankruptcy Lawyers And Democrat Fat Cat...
In the category of LOL — IMF: ‘Climate change will create jobs’. Sure it will, we can put them new green jobs, right next to the pile of failed Obama green companies, which now number over 50 total...
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When One Of These Liberal Cities Goes Bankrupt …
The effects are far reaching and long lasting: Muni Retirees Face 90% Loss Under Detroit’s Pending “Free-Fall” Bankruptcy And here it comes again: The odds of an out-of-court settlement between...
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DETROIT GOES BROKE
LIBERAL Detroit files for Ch. 9 bankruptcy: … Chapter 9 bankruptcy is for “municipalities,” which refers to cities, towns, taxing authorities, municipal utilities, and other governmental entities. This...
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Bankrupt!!!
Another Judge with a 3.o. A Michigan judge ruled Friday, that Detroit’s bankruptcy was unconstitutional and dishonored Barack Obama. No kidding. Detroit News reported: Ruling that the governor and...
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Michigan Judge Halts Detroit Bankruptcy Because It Dishonors Obama
Do we care ??? It’s come to this … Ingham County judge rules Detroit bankruptcy be withdrawn; Schuette appeals … Shining city on the hill goes from brightest light, to lights out in one progressive...
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It Can’t Go On Forever ….
Public pensions: San Bernardino 1, Calpers 0. San Bernardino just received the judicial go-ahead to declare bankruptcy more than a year after its initial bankruptcy filing. The ruling, delivered by a...
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Detroit In Trouble… Threat Management
Anarchy In Detroit. When liberals run your city into the ground.
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Government Healthcare
Liberal promises being made were never designed to be kept … A face to Detroit’s bankruptcy: Paralyzed firefighter to lose health benefits This is a precautionary tale for New York and their next...
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Detroit Was First
The Ten US Cities With Less Than Ten Days Of Cash On Hand As the Detroit bankruptcy hearing heats up following news that the city’s unsecured creditors, among them pensioners, are set to recover...
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