Detroit files for Municipal bankruptcy Chapter 9 - this is a big deal! Corp Democracy hitting the end of the road

Submitted by Jeff Buster on Thu, 07/18/2013 - 19:58.

 

 Kevyn Orr put Detroit's 700,000 citizens into municipal bankrupcty today.  

Bond business will never be the same. (I hope)

Read about this titanic issue here at the Washington Post.

CleveLAND ohio is in the exact same mold as Detroit.   Lot's of bond dept for bogus stadiums, Medcons, and gateways, and Veterans Hospitals  - bonds held by "investors" from out out state - Bonds sold by the big banks and investment co's and brokered by Wilcox.

Big crime.

Cleveland, get ready to be Detroit.  

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Cleveland is already broke, just doesn't admit it

Submitted by Oldroser on Sat, 07/27/2013 - 10:38.

Last year I was told by someone who knows that asphalters who had done work on roads for the city weren't being paid. Money earmarked for at least some of this work, given by the state/federal government was illegally moved to another pot so they could spend where they wanted. I recently asked, and no, they still haven't been paid.

OLDROSER ????

Submitted by ANGELnWard14 on Thu, 08/15/2013 - 05:11.

Are you okay? Has anyone heard from Roser. Last commo noted 8/4. 

 

If anyone has heard from her, please let us know! Thanks. DLH

 

Always Appreciative, "ANGELnWard14"

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Crack addicts -Land Bank -Entitlements

Submitted by lmcshane on Sat, 07/27/2013 - 11:40.

These mobsters are so hooked on federal dollars - they don't care how they get it or how much they sock away - all hatched in the Greek coffee shop in Tremont.  Sick.  How much is enough ?  

How much land do they stockpile for Forest City - so that 10, 20, 30 years from now - SOMEONE profits??  

EVERYONE SHOULD WATCH THIS IN CLEVELAND AND SEE OUR FUTURE!

Submitted by ANGELnWard14 on Sat, 07/27/2013 - 15:12.

WE NEED TO DO A VIDEO LIKE THIS SO THE PEOPLE WHO DON'T LIKE 'READING' THE TRUTH CAN 'SEE' THE TRUTH.

 

Always Appreciative, "ANGELnWard14"

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