Showing posts with label Michigan Governor. Show all posts
Showing posts with label Michigan Governor. Show all posts

Thursday, July 18, 2013

DETROIT FILES FOR BANKRUPTCY

The city of Detroit has just field for bankruptcy.

The once shining star in America is now about 90% Black and a complete welfare state.

Under the leadership of Governor Perv Snyder, the Pig Killing Governor, has led this city to absolute bankruptcy.

This means that Detroit defaults on $20 Billion Dollars of debts while it has over $50 Billion in bonds primarily overseas to support the politicians.

See: CAFR, SEC Form 20 and SEC Form 40 as filed with the SEC last year.

In other words - they could pay off the debtors but refuse - they simply stole the money and the Obama Regime and Gov Perv Snyder of Michigan let it happen.

Welcome to the NEW America.

We will rob you blind.

http://www.freep.com/article/20130718/NEWS01/307180107/Detroit-prepares-file-bankruptcy-soon-Friday

Dr William B. Mount