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geefloyd46

(1,939 posts) Thu Dec 5, 2013, 10:07 PM Dec 2013

What the media isn't telling you about Detroit's bankruptcy

3 replies

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What the media isn't telling you about Detroit's bankruptcy (Original Post) geefloyd46 Dec 2013 OP

The govt of detroit is also to blame here jamzrockz Dec 2013 #1

Cities with Debt: DhhD Dec 2013 #2

Michigan needs an emergency manager geefloyd46 Dec 2013 #3

jamzrockz

(1,333 posts)

1. The govt of detroit is also to blame here

Reply to geefloyd46 (Original post)

Thu Dec 5, 2013, 11:15 PM

Dec 2013

yes, the families and industries left because of taxes which is wrong especially after Detroit had helped them make billions of profits. But you still have to adjust to the new music when the song changed. They failed to adjust and because of it, it destroyed all the achievements they had gained.

Life is not always fair. Very sad story

DhhD

(4,695 posts)

2. Cities with Debt:

Reply to geefloyd46 (Original post)

Thu Dec 5, 2013, 11:40 PM

Dec 2013

http://money.usnews.com/money/personal-finance/slideshows/top-10-cities-with-the-most-debt

http://www.mysanantonio.com/news/local_news/article/Combs-S-A-tops-list-of-debt-saddled-cities-3897205.php
Texas debt.

geefloyd46

(1,939 posts)

3. Michigan needs an emergency manager

Reply to geefloyd46 (Original post)

Fri Dec 6, 2013, 06:59 PM

Dec 2013

It will just make the governor a figure head too.

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