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07-19-13, 01:09 PM #1
Detroit goes bankruptCalling it the lowest point in Detroit history but a chance to stabilize a city spiraling into decline for decades, Michigan Gov. Rick Snyder announced Thursday that the state-appointed emergency manager had filed for Chapter 9 protection. The move makes Detroit the largest city in the nation to file for bankruptcy.
07-19-13, 02:07 PM #2"If everyone is thinking alike, then someone isn't thinking." -Gen. George S. Patton
07-19-13, 03:26 PM #3
Didn't see that one comingHe who has the money, signs the cheques.
He who signs the cheques, makes the rules.
He who makes the rules, has the power.
He who has the power, has the money.
07-21-13, 08:05 AM #4
In other news, water is wet, and grass is green."If anything worthwhile comes of this tragedy, it should be the realization by every citizen that often the only thing that stands between them and losing everything they hold dear... is the man wearing a badge." -- Ronald Reagan, in the wake of the deaths of 4 CHP troopers in the Newhall Incident, 1970
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