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| Economy |
| How Taxpayers Will Bail Out Detroit |
| 2013-07-31 |
| On Sunday, Treasury Secretary Jack Lew ostensibly ruled out a federal government bailout of Detroit following its recent declaration of bankruptcy. “You know George, Detroit’s economic problems have been a long time in developing…I think when it comes to the questions between Detroit and its creditors, that’s what Detroit is going to have to work out with the creditors,” he told ABC’s George Stephanopoulos. Not quite. Detroit is proposing an effort to offload much of its bloated healthcare costs onto the American taxpayer, using ObamaCare as the vehicle for doing so. Public employees are the new nobility---private sector are serfs who exist solely to provide for their betters. |
| Posted by:g(r)omgoru |
| #2 We should set up a program to allow the immigration of a million Taiwanese to homestead in Detroit. The only restriction would be that at least a million must sign up before anyone was let in, and they had to live in Detroit for five years to be eligible to become citizens. They will take the deal just to get away from the risks of nearby mainland China. Once the million arrive, Detroit will be squared away in no time. |
| Posted by: rammer 2013-07-31 20:32 |
| #1 I agree wid FOX NEWS' "THE FIVE"s Greg Gutfield, i.e. give Detroit to the [illegal? = Hispanic] immigrants whom the DemoLeft + aligned RINOS, Globalists, Special Interests, etal. in Washington DC are treating like quasi-US or de facto US Citizens anyway. [GREAT "OKLAHOMA LAND RUSH" here]. Despite its woes, the Hispanic + Asian communities in mostly African-Amer Detroit are the only segments that are experiencing growth, while the Black community is stuck in quagmire + getting worse. |
| Posted by: JosephMendiola 2013-07-31 20:14 |