It's the largest city to file for bankruptcy, yikes.
Detroit has filed for municipal bankruptcy
Started by Zinix, Jul 18 2013 06:46 PM
11 replies to this topic
#1
Zinix
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Posted 18 July 2013 - 06:46 PM
“Any state, any entity, any ideology that fails to recognize the worth, the dignity, the rights of man, that state is obsolete.”— Rod Serling, “The Twilight Zone” The Obsolete Man
Smoke meth. Hail Satan. Watch the yearly Twilight Zone marathons. Talk to dead people. Everyone is gay. Ignore people. Live life to the fullest.
#2
Tim
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Posted 18 July 2013 - 07:13 PM
Its about time, Detroit's been a gang riddled mess for ages. Just... don't even get me started. Also, First. N-Not that it... means anything...
Edited by Tim, 18 July 2013 - 07:14 PM.
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#3
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Posted 18 July 2013 - 09:24 PM
wow, i didnt even know cities could file for bankruptcy, i guess you learn something new every day
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#4
ifrit05
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Posted 18 July 2013 - 09:48 PM
I live 30 mins outside of Detroit ("Downriver", in a city called Wyandotte, it's right on the river it's a beautiful city btw...) and yeah pretty much all the areas in the immediate vicinity of Det. are in pretty bad shape economically and crime wise. It's a shame, Detroit was once known for vast job opportunities and was the heart of the American auto industry (Ford Motor Company).
Oh recession, how I loathe you.
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#5
Mitch
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Posted 18 July 2013 - 10:19 PM
After they work out these money issues hopefully next theyll focus on crime.... Most dangerous city 4 years in a row #SWAG
I live 30 mins outside of Detroit ("Downriver", in a city called Wyandotte, it's right on the river it's a beautiful city btw...) and yeah pretty much all the areas in the immediate vicinity of Det. are in pretty bad shape economically and crime wise. It's a shame, Detroit was once known for vast job opportunities and was the heart of the American auto industry (Ford Motor Company).
Oh recession, how I loathe you.
I live in Taylor :3
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#6
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Posted 19 July 2013 - 05:03 AM
wow, i didnt even know cities could file for bankruptcy, i guess you learn something new every day
I didn't know this either...
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Bring the noise.
#7
SoldMyWiiUAndLeftTheForums
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Posted 19 July 2013 - 07:24 PM
I didn't know this either...
Niether did I lol, how unbelivable, wow, a whole city, ouch!
#8
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Posted 19 July 2013 - 10:57 PM
Niether did I lol, how unbelivable, wow, a whole city, ouch!
I didn't either. How the heck do they manage municipal bankruptcy? not like they can just sell off it's assets and kick everyone out.
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#9
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Posted 20 July 2013 - 02:51 PM
So what exactly does this mean? I have family that lives in Detroit, so I'm actually a bit concerned.
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#10
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Posted 20 July 2013 - 07:58 PM
Well it seems Detroit won't be getting bailed out by the government:
http://www.cbc.ca/ne...ve.html?cmp=rss
$̵̵͙͎̹̝̙̼̻̱͖̲̖̜̩̫̩̼̥͓̳̒̀ͨ̌̅ͮ̇̓ͮ̈͌̓̔̐͆ͩ̋͆ͣ́&̾̋͗̏̌̓̍ͥ̉ͧͣͪ̃̓̇̑҉͎̬͞^̸̠̬̙̹̰̬̗̲͈͈̼̯̞̻͎ͭ̐ͦ̋́̆̔̏̽͢$̻̜͕̜̠͔̮͐ͬ̍ͨͩͤͫ͐ͧ̔̆͘͝͞^̄̋̄͗̐ͯͮͨͣ͐͂͑̽ͩ͒̈̚͏̷͏̗͈̣̪͙̳̰͉͉̯̲̘̮̣̘͟ͅ&̐ͪͬ̑̂̀̓͛̈́͌҉҉̶̕͝*̗̩͚͍͇͔̻̬̼̖͖͈͍̝̻̪͙̳̯̌̅̆̌ͥ̊͗͆́̍ͨ̎̊̌͟͡$̶̛̛̙̝̥̳̥̣̥̞̝̱̺͍̭̹̞͔̠̰͇ͪ͋͛̍̊̋͒̓̿ͩͪ̓̓͘^̈ͥͩͭ͆͌ͣ̀̿͌ͫ̈́̍ͨ̇̾̚͏̢̗̼̻̲̱͇͙̝͉͝ͅ$̢̨̪̝̗̰͖̠̜̳̭̀ͥͭͨ̋ͪ̍̈ͮͣ̌^ͦ̏ͬ̋͑̿́ͮ̿ͨ̋̌ͪ̓̋̇͆͟҉̗͍$̛̪̞̤͉̬͙̦̋ͣͬ̒͗̀̍͗̾̽̓̉͌̔͂̇͒̚̕͜^̧͎̖̟̮͚̞̜̮̘͕̹͚̏ͩ͐ͯ͑̍̍̀͒͘*̿ͨ̽̈́͐ͭ̌̈͋̚͟͝҉͕̙*̨̢̭̭̤̺̦̩̫̲͇͕̼̝̯̇ͨ͗̓̃͂ͩ͆͂̅̀̀́̚̚͟%̨͚̙̮̣̭͖͕͙ͣ̽ͮͤ́ͫ̊̊̐̄̌ͣ͌̉̔͊̽̾ͨ^̢̹̭͍̬̖͇̝̝̬̱͈͔̹͉̫̿͛̄̿͊͆ͦ̃ͮͩ͌ͭ̔ͫ̆͞ͅͅ%̵̼̖̻̘ͪͤ̈̃̓̐̑ͩͭ̄̑͊ͫ̆̌̄͡*̴̮̪͕̗̩͇͇ͪ̑̊̈́́̀͞^̼̝̥̦͇̺̘̤̦͕̦̞͑̑ͯ̂ͯ̕͞%ͮͫ̿ͫ̊̈̔̍҉҉̴̸̡*̛̭̖͇͚̝̤̬̰̅̎ͥͯ̓͑̾ͬͨͮ́̕͝^̧̽͋̈ͤͮ̈́́̍ͧ̊҉͇̙̣̯̀́%̴̡̛̘͚͈̗̖̮̫̏̆ͦ̽̔̈̽͒͛̈
#12
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Posted 22 July 2013 - 12:07 PM
Well it seems Detroit won't be getting bailed out by the government:
it would be hard to get any federal aid package past House Republicans, "who I just can't imagine have any interest in doing anything for Detroit." The city is heavily Democratic.
I'm pretty sure republicans are willing to help out a city whether its democratic or republican rather than let it rot. But who knows, I could end up being wrong.
Edited by SDDMN, 22 July 2013 - 12:09 PM.
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