I just heard that some 80% of the debts are related to the government employee benefits. It seems like poetic justice. Maybe they could do what they did with the auto companies and hand the government over to the public employees union. Oh, that is how they got here in the first place.
What do you think Detroit should do?
Detroit bankruptcy
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Re: Detroit bankruptcy
Post #2.
2. Regain a creditworthy reputation
3. Make new promises
4. Borrow more than they can repay
5. Keep it going as long as possible
6. Declare bankruptcy
1. Start overbluethread wrote: What do you think Detroit should do?
2. Regain a creditworthy reputation
3. Make new promises
4. Borrow more than they can repay
5. Keep it going as long as possible
6. Declare bankruptcy
"I believe in no religion. There is absolutely no proof for any of them, and from a philosophical standpoint Christianity is not even the best. All religions, that is, all mythologies to give them their proper name, are merely man’s own invention..."
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Re: Detroit bankruptcy
Post #3Convert to Christianity and ask Jesus to save them.bluethread wrote: What do you think Detroit should do?
That would save the taxpayers a lot of money.

[center]
Spiritual Growth - A person's continual assessment
of how well they believe they are doing
relative to what they believe a personal God expects of them.
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Spiritual Growth - A person's continual assessment
of how well they believe they are doing
relative to what they believe a personal God expects of them.
[/center]