Will Detroit actually go bankrupt?
A judge just ruled it eligible for bankruptcy and doomed workers to the ax of the State. Funny how repubs all thought it already was bankrupt. Too much Fox news.
- Anonymous7 years agoFavorite Answer
Yes - sleazy republicans have pulled all the infrastructure money out of these big cities to make Big Juicy presents for their Billionaires. This took the past 30 years.
Now let's sit back and watch obedient Cons blame it on Obama. Cons are so well trained by FOX and Lush.
- The WarlockLv 67 years ago
No conservative thought it actually WAS bankrupt because we know the difference between a filing and a determination.
Now, it will be fun to see how you liberals are going to blame this on conservatives after having run the city into the ground for the last 60 years.
- wichitaor1Lv 77 years ago
Yes, Detroit went bankrupt and the recent ruling allowed it to seek bankruptcy protection. You might have known the difference had you not had too much of those dumbass "studies" courses.
- GregLv 77 years ago
It would appear so.
Thousands of individuals and companies are going to get screwed on their contracts.
This is what bankruptcy always does. It sucks for those people..... but what other option does a city decimated by globalization for the last 30 years really have?
- How do you think about the answers? You can sign in to vote the answer.
- Jeff SLv 77 years ago
Yes for the benefit if the rich to the detriment of the pensioners!
What you do not hear about is all the empty land in Detroit. The land that will be snatched up by the wealthy to create more wealth for themselves!
- KevinMLv 77 years ago
Yes we can!
Btw - Detroit already *did* go bankrupt - the procedings are the legal result of that.
- Eileen WrightLv 67 years ago
Being bankrupt and declaring bankruptcy are two different things. I seriously have to ask, do you go to Kiddie Kollege?
- SummertimeLv 77 years ago
Fox makes sure they're filled to the rim with Fox. Too tired to investigate the facts after a long hard day at Fox news. Its draining.
- Anonymous7 years ago
any way you look at it detroit has no money to pay it's bills, present and future......if that isn't bankruptcy , I don't know what is....what do you call it
- 100% AmericanLv 47 years ago
Yes because of the unions.