Judge: Detroit IS Bankrupt

[DrLeftover]

December 3, 2013

“This once proud and prosperous city can’t pay its debts,” the judge said. “It’s insolvent. It’s eligible for bankruptcy. But it also has an opportunity for a fresh start.”

http://www.nytimes.com/2013/12/04/us/detroit-bankruptcy-ruling.html?hpw&rref=us&_r=0

 

[Nebulous's iconNebulous]

A few cities around here already went through that.. Not much really changes for the residents.

 

[DrLeftover]

So, a judge has to officially tell people what everyone already knows?

yes

 

[DrLeftover]

Then you need to have your family members start giving large sums of money to political campaigns. That is the easiest way to be appointed to the bench.

 

[JetWing34]

Does that mean that Detroit, once a prosperous city for building automobiles, is forced to become a ghost town?

 

[Nebulous's iconNebulous]

Does that mean that Detroit, once a prosperous city for building automobiles, is forced to become a ghost town?

no

 

[DrLeftover]

Argument could be made that it already is.

City Population 1950 1,849,568
City Population 2010 713,777

https://en.wikipedia.org/wiki/Detroit

 

[Nebulous's iconNebulous]

713,777 people is far from being a ghost town. That is way too many people for a city anyway.
My city has like 300,000 people and its a big pain, traffic and crime wise.

 

[DrLeftover]

What you think went wrong?

Also it's a fact that the majority of the city's population is black...

You should rewrite that last statement as follows:

"Also it's a fact that the majority of the city's population is " DEMOCRAT.

 

[Naiwen]

What you think went wrong?

Also it's a fact that the majority of the city's population is black...

You should rewrite that last statement as follows:

"Also it's a fact that the majority of the city's population is " DEMOCRAT.

Yep.

 

[DrLeftover]

As supported by the Census data.


http://quickfacts.census.gov/qfd/states/26/2622000.html

 

[JetWing34]

Talk about the population comparison.

More white people live in Michigan than African Americans, but more black people live in Detroit than white people. That's weird.

 

[Flurry]

Sounds like a moment for OCP to come swooping in.

 

[Evil Eye]

That's weird.

Yeah.
The amount of women-owned businesses compared to Michigan is weird as well.