- Posted December 4, 2013 by
This iReport is part of an assignment:
50 years of Democrat Control in Detroit ends in Bankruptcy
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.
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?
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.