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Old 12-03-2013, 01:12 PM
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"Judge declares Detroit eligible for Chapter 9 bankruptcy"

Orr says pensions on the table.
http://www.washingtonpost.com/blogs/...uptcy/?hpid=z1
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Old 12-03-2013, 01:44 PM
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the working man just keeps getting screwed.Is it possible or can the United states file bancruptcy as a whole.Or would it even matter.
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Old 12-03-2013, 06:17 PM
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At least the Red Wings will have a new venue, on the taxpayers backs.
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Old 12-04-2013, 05:38 AM
Charles Charles is offline
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Quote:
Originally Posted by one1 View Post
the working man just keeps getting screwed.Is it possible or can the United states file bancruptcy as a whole.Or would it even matter.
I don't think the United States can file bankruptcy. However, we CAN continue to devalue the dollar, which is in essence the same thing.

Chas
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Old 12-04-2013, 12:09 PM
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I've been discussing Detroit elsewhere. It's a freaking mess and will stay so until they do SOMETHING.

Pete
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Old 12-04-2013, 01:04 PM
djv8ga djv8ga is offline
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Now that they can clean up the mess, their real estate offerings are intriguing.
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Old 12-04-2013, 01:34 PM
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Cleon declares the world is bancrupt!!!!
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Old 12-04-2013, 02:04 PM
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It's Reagans' fault

dj I agree!

Pete
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Old 12-05-2013, 07:14 AM
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A time honoured American tradition, if you have an unfunded defined benefit pension plan find a judge who will let you declare bankruptcy and you can ditch the plan, The list of corporations that have gotten away with this would stretch from coast to coast.
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Old 12-05-2013, 09:38 AM
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Quote:
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the working man just keeps getting screwed.Is it possible or can the United states file bancruptcy as a whole.Or would it even matter.
The Republicans have all of the answers to that one. Just ask Governor Walker. The weasel faced little bastard loves the workin' man.

Dave
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