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Message
Detroit Public Employee Pensions - Guess Who's Paying...
Posted on 4/16/14 at 8:48 am
Posted on 4/16/14 at 8:48 am
LINK
I wonder how many of those states voted Obama.
And here we are...
Wait...a number provided by the Gov't isn't clear and forthcoming...
Gov't: STACKED People: FCKD
quote:
The Obama administration and Michigan officials are in discussions on a deal that would free up an additional $100 million to soften the blow to Detroit pensioners facing cuts in Detroit's bankruptcy negotiations
quote:
a $7.6 billion Obama administration effort established in 2010 to help the 18 states most hurt by the housing downturn.
I wonder how many of those states voted Obama.
quote:
Obama, not keen to set a precedent of the federal government sending money to cities or states with deep pension debts, has said the public does not support the bailout of bankrupt Detroit. But Obama also has been under pressure from unions not to let retirees suffer in Detroit, a city that votes heavily Democratic.
And here we are...
quote:
It wasn't immediately clear whether the $100 million in federal money is included in the calculations in Tuesday night's pension agreements
Wait...a number provided by the Gov't isn't clear and forthcoming...
Gov't: STACKED People: FCKD
This post was edited on 4/16/14 at 8:50 am
7
Posted on 4/16/14 at 8:50 am to BaylorTiger
Haw-Haw! Hey Detroit gave 70 percent of its vote to Obama. That is how it works.
Posted on 4/16/14 at 8:52 am to BaylorTiger
quote:
Wait...a number provided by the Gov't isn't clear and forthcoming...
You are obviously reading it wrong, Obama said his administration would be the most transparent ever.
Posted on 4/16/14 at 8:54 am to BaylorTiger
Nice reward to the unions for providing Dear Leader with a majority of their city's votes. Yet another constituency bought and paid for with the money of hard-working Americans. What an absolute joke of an administration.
Posted on 4/16/14 at 8:58 am to Rohan2Reed
actually the city of Detroit should be held to their obligations for pensions... not the feds... the city shouldn't skate
Posted on 4/16/14 at 8:59 am to Luke
It is amazing how similar our version of democracy is to that of the Hugo Chavez's of the world now.
Posted on 4/16/14 at 9:04 am to DeltaDoc
quote:
the city shouldn't skate
It has NO money to pay for it. They can't print money and they can't borrow at the level to meet the obligation. Detroit and the people in it dug their own grave.
I feel the same way about the rest of us; we deserve the gov't in DC that we have.
Posted on 4/16/14 at 9:08 am to BaylorTiger
quote:
Guess Who's Paying...
Future American generations get the tab.
Posted on 4/16/14 at 9:14 am to BaylorTiger
So Obama admits the public is against it yet they will do it anyways? frick them
Posted on 4/16/14 at 9:20 am to BaylorTiger
Is this what you call "delivering the bacon"? LINK
Posted on 4/16/14 at 9:21 am to BaylorTiger
Did anyone here actually ever doubt that our federal tax dollars were going to end up bailing out Detroit?
I never had a doubt.
I never had a doubt.
Posted on 4/16/14 at 9:21 am to deltaland
This surprises you somehow?
Posted on 4/16/14 at 9:25 am to Scoop
quote:
Did anyone here actually ever doubt that our federal tax dollars were going to end up bailing out Detroit?
I just assumed Detroit would be revitalized with high-speed rail, and some solar panel factories.
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