maybe i am.
Detroit about to go Bankrupt
- Thread starter NoDrama
- Start date
Harrekin
Well-Known Member
LOL im joking obviously.
ProfessorPotSnob
New Member
I got the cash Sunni , want to hop in the back of my Jaguar hahaha
ProfessorPotSnob
New Member
Wait , I am suppose to use my Indian charms and love medicine lol
Harrekin
Well-Known Member
Trucking lesbos...
cannabineer
Ursus marijanus
I'm more of a Tushist myself. cn
Detroit, about to tell its pensioners to go fuck themselves.
this is only the beginning, how many cities are in the red?
http://www.bloomberg.com/news/2013-07-11/detroit-pensions-begin-talks-over-plan-to-cut-benefits.html
this is only the beginning, how many cities are in the red?
http://www.bloomberg.com/news/2013-07-11/detroit-pensions-begin-talks-over-plan-to-cut-benefits.html
ginwilly
Well-Known Member
Some of the pensions in Wayne Co are famously outrageous. Some were able to base it off their last year of employment, while overtime was given on a seniority preference. This allowed some to work as much as possible for a year and then earn more in retirement than their average salary. This is obviously an unsustainable model. The problem with the human element is not all city/county workers were able to get this sweetheart deal and living off 1000-1400 a month. These people with smaller pensions (the majority) were told for 30 years that if you work for the city x amount of years, you will draw a check and planned their retirement accordingly. It sucks to be them right now.
On a side note, the Detroit Institute of Arts has more than enough assets to cover any pension liability but the property is protected under the MI constitution. They have a handful of works with estimated worth over 100M each. When there is talk of selling off DIA assets to cover debt, people there are acting like they are talking about destroying the art, not selling it. It's going to be interesting to see what happens. Van Gogh must Stay is the local rallying cry. I lived there 25 years and never once visited the museum.
On a side note, the Detroit Institute of Arts has more than enough assets to cover any pension liability but the property is protected under the MI constitution. They have a handful of works with estimated worth over 100M each. When there is talk of selling off DIA assets to cover debt, people there are acting like they are talking about destroying the art, not selling it. It's going to be interesting to see what happens. Van Gogh must Stay is the local rallying cry. I lived there 25 years and never once visited the museum.
ilikecheetoes
Well-Known Member
i guess these DIA people are racists who hate poor people. All the people protesting to keep the earless wonder's shit "art" in town are also racists and elitists.
theexpress
Well-Known Member
ill buy Detroit for a dollar!!!! I got big plans for moe town... ima hang x mas lights around the whole city year round, and legalize crack, heroin, and prostitution.. people will come from all over to vacation in my slumz...
theexpress
Well-Known Member
theres alotta nasty ass looking poor ass cities like Detroit... north side of st. Louis... east st. Louis ill. gary indianna, new Orleans... ect... ill buy all these cities for a bundle package deal of 10$ lol
ilikecheetoes
Well-Known Member
check zillow for detroit. its hilarious. You can get a house for 12k. yea a house. on a lot. for 4 or 5 digits.... better get some bars for the windows though.