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TheCatt 
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Jun. 14 2013,19:03 |
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Practically bankrupt.
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It's not me, it's someone else.
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| Post Number: 2
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thibodeaux
RAG
Group: Privateers
Posts: 6494
Joined: May 2004
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Posted on: Jun. 15 2013,04:36 |
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"What a surprise," said noone.
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| Post Number: 3
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Jul. 19 2013,10:38 |
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(Malcolm @ Jun. 15 2013,11:10)
QUOTE QUOTE He said further meetings are planned with the unions representing city employees. I'm sure they'll be productive.
Officially bankrupt.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 5
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| Post Number: 6
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Jul. 22 2013,10:48 |
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Still fighting over how much money they don't have.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 7
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GORDON
90%
Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Jul. 23 2013,03:34 |
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I am fairly near the city center at the moment. Not the SCARIEST place I have ever been, but in the top 5. Detroit has 2 spots in the top 5, though.
There are some gorgeous old houses around here, abandoned and falling apart.
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I don't give a fuck!
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| Post Number: 8
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Jul. 24 2013,12:32 |
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Bankrupcy ok again.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 9
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GORDON
90%
Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Jul. 24 2013,17:17 |
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This guy says Detroit's decline started after the 1967 (black people) riots.
http://www.thefiscaltimes.com/Article....x#page1
Whites started taking their money and leaving.
Edited by GORDON on Jul. 24 2013,17:18
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I don't give a fuck!
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| Post Number: 10
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Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
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Posted on: Aug. 02 2013,06:25 |
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Obamacare to the rescue?
Wait until California declares bankruptcy and we have to pay for them too.
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| Post Number: 11
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Aug. 02 2013,08:43 |
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QUOTE Professor Jost said that even with subsidies, insurance policies bought through an exchange could be more expensive for retirees than public sector health plans. Most exchange customers are expected to choose plans that cover 60 percent to 70 percent of medical costs for the average person, compared with public sector plans that have sometimes covered much more.
“These are people who stayed in the public sector all their lives because the benefits were more generous,” he said.
Some city plans, like those in Detroit, cover 80 percent to 100 percent of costs, officials said.
“The truth is, my health care is very good, with only $20 for prescriptions and $10 co-pays to see a doctor,” said Thomas Berry, 60, a Detroit Police Department retiree. “That was part of the promise that was made, and I don’t want to lose it.”
Goddamn. 80 - 100%? My health plan covers jackshit outside traumatic ER visits and low-cost prescription copays.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 12
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TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 02 2013,09:52 |
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QUOTE “The truth is, my health care is very good, with only $20 for prescriptions and $10 co-pays to see a doctor,” said Thomas Berry, 60, a Detroit Police Department retiree. “That was part of the promise that was made, and I don’t want to lose it.”
Wow, that's what I had 13 years ago. And I don't see being a retiree at 60 as a probability... So yeah, sympathy low.
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It's not me, it's someone else.
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| Post Number: 13
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| Post Number: 14
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Aug. 12 2013,10:27 |
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One doctor = tens of millions of dollars in scams.
QUOTE A Detroit-area doctor has been charged with bilking the government of tens of millions of dollars by deliberately misdiagnosing patients with cancer and illegally billing Medicare for the treatment.
Dayum. Â But surely someone was there double-checking this all, right?
QUOTE In one case, according to the site, a patient fell and hit his head at Fata's clinic but was told he needed chemotherapy before he could be taken to a hospital, according to the FBI. The man later died from the head injury. His name was not disclosed.
Nope.
Edited by Malcolm on Aug. 12 2013,10:27
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 15
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Aug. 19 2013,11:36 |
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The beat goes on.
QUOTE Now it seems that all legal challenges to the bankruptcy must flow through the federal bankruptcy judge himself, Steven Rhodes.
But seriously...
QUOTE The Detroit Police and Fire Retirement System (PFRS) filed one such objection right before the deadline, spokesperson Bruce Babiarz told MSNBC. For this objection, they are using much the same legal reasoning accepted by the Ingham County Court: Because Article 9, Section 24 of the Michigan state constitution calls pension benefits “a contractual obligation … which shall not be diminished or impaired,” PFRS argues any bankruptcy is unconstitutional which does not adequately protected those benefits against cuts.
Guess they'll just have to go into the emergency money tree farm they keep out back and pay everyone.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 16
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TheCatt
Top 2%
Group: Super Administrators
Posts: 22951
Joined: May 2004
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Posted on: Aug. 19 2013,11:44 |
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Yeah, I really don't understand the logic. You can't be bankrupt, that's illegal!
But, we have no money.
But you can't go bankrupt, that's illegal!
But, we have no money
Really, their ploy is to minimize damages to pensions, but still...
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It's not me, it's someone else.
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| Post Number: 17
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Aug. 19 2013,12:02 |
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They should pay them in string and shiny bits of glass.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 18
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Leisher
Top 3%, yo.
Group: Super Administrators
Posts: 26651
Joined: May 2004
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Posted on: Aug. 19 2013,12:36 |
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How about individually wrapped and pre-cut stringettes?
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| Post Number: 19
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Malcolm
I disagree.
Group: Privateers
Posts: 27168
Joined: May 2004
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Posted on: Sep. 29 2013,10:12 |
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QUOTE They bailed out the incompetent auto industry, why not the incompetent city that's their HQ?
$300M in "stimulus" (totally not a bailout) ...
QUOTE “It’s not big enough to be called a bailout. What they are trying to do is enable key investments that are needed to help the city once it emerges from all of these immediate [financial] challenges,” he says.
... "he" being, and I shit you not, economics professor Skidmore.
QUOTE Mark Skidmore, an economist at Michigan State University in East Lansing, Mich.
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Diogenes of Sinope:
"It is not that I am mad, it is only that my head is different from yours."
"Other dogs bite only their enemies, whereas I bite also my friends in order to save them."
Arnold Judas Rimmer, BSC, SSC:
"Better dead than smeg."
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| Post Number: 20
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GORDON
90%
Group: Super Administrators
Posts: 36125
Joined: Jun. 2004
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Posted on: Sep. 29 2013,11:49 |
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And with Detroit's corrupt government and unions, $300 million will change a light bulb in one traffic light, more or less.
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I don't give a fuck!
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