[NEWS] Detroit finally succumbs to niggers

DETROIT -- The city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement, population flight and loss of tax revenue.

The bankruptcy filing makes Detroit the largest city in U.S. history to do so.

The filing begins a 30- to 90-day period that will determine whether the city is eligible for Chapter 9 protection and define how many claimants might compete for the limited settlement resources that Detroit has to offer. The bankruptcy petition would seek protection from creditors and unions who are renegotiating $18.5 billion in debt and other liabilities.

"The fiscal realities confronting Detroit have been ignored for too long. I'm making this tough decision so the people of Detroit will have the basic services they deserve and so we can start to put Detroit on a solid financial footing that will allow it to grow and prosper in the future," said Michigan Gov. Rick Snyder. "This is a difficult step, but the only viable option to address a problem that has been six decades in the making."

Detroit Emergency Manager Kevyn Orr, who in June released a plan to restructure the city's debt and obligations that would leave many creditors with much less than they are owed, has warned consistently that if negotiations hit an impasse, he would move quickly to seek bankruptcy protection.

Snyder signed off on the filing in a letter attached to court documents filed Thursday in U.S. Bankruptcy Court in the Eastern District of Michigan. A spokeswoman for Snyder did not immediately return telephone calls Thursday.

"It is clear that the financial emergency in Detroit cannot be successfully addressed outside of such a filing, and it is the only reasonable alternative that is available," Snyder said in the letter granting his state-required approval. "In other words, the City's financial emergency cannot be satisfactorily rectified in a reasonable period of time absent this filing."

http://www.usatoday.com/story/news/nation/2013/07/18/detroit-prepares-bankruptcy-filing-friday/2552819/

Sir your post is racist!

And most Americans believe the US will not go Bankrupt. This is only a small glipse of what is coming on 2015. We have been estimating this 50 years ago, and still no one believes on it. Petro-dollars my ass, Nuclear is the future, as well as Geo Thermal, until we can fine another source.

>>3
who cares nerd

*detroit finally succumbs to african americans

>>1
The UK article says Detroit was over already by 1910; so today its rotten corpse just finished decomposing
http://www.independent.co.uk/news/world/americas/the-rise-and-fall-of-detroit-was-henry-ford-to-blame-8721311.html

>>5
Sorry.

This thread has changed topic: [NEWS] Detroit finally succumbs to african american niggers

>>7
niggers
Problems?

The Jews are making money in Detroit, by scamming everyone into paying more for anything made out of aluminum. And nary a cry in the Jew controlled media, save for a single article in the Jew York Times intended for other Jews.

http://www.nytimes.com/2013/07/21/business/a-shuffle-of-aluminum-but-to-banks-pure-gold.html

Hundreds of millions of times a day, thirsty Americans open a can of soda, beer or juice. And every time they do it, they pay a fraction of a penny more because of a shrewd maneuver by Goldman Sachs and other financial players that ultimately costs consumers billions of dollars.

The story of how this works begins in 27 industrial warehouses in the Detroit area where a Goldman subsidiary stores customers’ aluminum. Each day, a fleet of trucks shuffles 1,500-pound bars of the metal among the warehouses. Two or three times a day, sometimes more, the drivers make the same circuits. They load in one warehouse. They unload in another. And then they do it again.
This industrial dance has been choreographed by Goldman to exploit pricing regulations set up by an overseas commodities exchange, an investigation by The New York Times has found. The back-and-forth lengthens the storage time. And that adds many millions a year to the coffers of Goldman, which owns the warehouses and charges rent to store the metal. It also increases prices paid by manufacturers and consumers across the country.


Why, those venomous Hymies!

Fucking jews man. Fucking jews.

>>9,10
http://pastebin.com/3KwiwHRt
http://pastebin.com/irj4Fyd5

Emerson, Lake and Palmer finally did reunion concert
http://www.youtube.com/watch?v=LiNx35rSeMc

>>13
Who gives a shit you kike enabler. Stop trying to distract us from >>9

>>11
I fucked a jew