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    Posted December 4, 2013 by
    Joecutlas
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    50 years of Democrat Control in Detroit ends in Bankruptcy

     
    Detroit's historic bankruptcy will move forward after a judge ruled Tuesday that the financially crumbling city is eligible to shed billions in debt.

    Judge Steven Rhodes turned down objections from unions, pension funds and retirees, which all stand to lose big under any plan to address Detroit's long-term liabilities.

    The decision Tuesday was long-awaited, and clears the way for the city to proceed in the largest public bankruptcy in U.S. history.

    http://www.foxnews.com/politics/2013/12/03/judge-detroit-eligible-for-chapter-bankruptcy/?intcmp=latestnews

    In July of this year President Obama sent 7 Billion dollars to Africa in an effort to fight poverty.

    Well Mr. President, did you forget about Detroit?

    http://www.foxnews.com/politics/2013/06/30/obama-to-announce-new-power-initiative-for-africa/?test=latestnews

    Of course the Unions in Detroit are screaming the loudest as this bankruptcy will have a huge impact on their pension funds.

    The Democrats tax and spend agenda is what bankrupted Detroit and as America approaches the 17 Trillion dollar dept ceiling one has to wonder how long it will be before the entire Country goes belly up?

    It seems to me that all the Hope and Change hype has left the rest of us Short Changed.

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