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Saturday, June 15, 2013


Detroit Defaults

The result of decades of total Democrat control. 
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.

Fun facts about Detroit:
Not enough fun facts?
Finally, serious consideration is given to razing Detroit and turning it into farmland.

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The problem is if Detroit completely dissolves, its denizens will move and bring their criminality and welfare-extorting voting patterns to other jurisdictions. Bad as Detroit is, it's probably best to keep it afloat if only to save other communities from its refugees.
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