Detroit receives $100 million financial bailout from Obama
It seems that with a federal government on the brink of a shut-down and not a dime in sight to help balance the budget, President Obama still found millions for bankrupt Detroit. According to Fox News, the Obama administration has uncovered $100 million for fiscally beleaguered City of Detroit as a way of helping the city cope with mounting financial woes.
It appears that Christmas did come a bit early for the citizens of Detroit after learning that miracle of miracles the kitchen cabinet was not bare after all. This takes on an even more serious note, because Obama and his economic and political apologists like House Minority Leader Nancy Pelosi had been insisting that, “There are no more cuts to make.”
Yet hiding in within the administration’s coffers was $100 million of taxpayer dollars that were not flowing to its intended funding obligations. It certainly does shore up the GOP claims in the House by its leaders, that Obama has no intention on coming clean with the House or with the American people when it comes to where dollars are spent, unspent or hidden from the public.
But there is a deeper more insidious issue which does rise above the mist of open deceit and that is whether or not, cities like Detroit with is $18 billion plus deficit and other urban cities teetering on the brink of insolvency like Chicago, New York, Washington D.C. and several in California including Los Angeles will be granted these $100 million paydays once, twice or many times.
Comments
Detroit has become Haiti, Somalia, Zimbabwe...
...Take your pick. I'm sure there's a connection in there -- somewhere.
DETROIT's economic collapse is a DIRECT RESULT of DECADES OF DEMOCRATIC POLITICAL CONTROL!!!!!!....ANY CITY, TOWN, STATE THAT THE DEMOCRATS CONTROL, EVENTUALLY DIES A SLOW PAINFUL DEATH....all due to the Criminal Corruption/Progressive Communist Agendas of the Democrats......We should NOT bail out DETROIT because there are other states in America, ALL UNDER DEMOCRATIC CONTROL,,,,that are also in the process of economic COLLAPSE !!!!....I live in KALIFORNIA/MEXIFORNIA and our state is chaotic and totally out of control and fast approaching complete Financial Collapse....because our state is run by ALL DEMOCRATS !!!!!!! What does it take for people to wake up and realize that DEMOCRATS CANNOT GOVERN at all, anywhere....just look at the shape of the USA under OBAMA and his criminal Regime !!!!!!!
Ya, why not, at least the feds will spend something here versus in a foreign country, it really doesn't matter anyway, they are so far out of control it is pitiful.
We have to make ourselves out as pest but our congressman has to answer questions to situations as this. Where is the money coming from, does our Presidents have this kind of money that can go unchallenged.
the money is going to unions
hell no they got themselves in this mess let them get themselves out
NOT only NO but HELL NO!!!!!!!!!!!!
F detroit and and any other city that runs them-self down the tubes and thinks the tax paying hard working peoples money should be used to bail out their sorry asses!!!!!!!!!!
So where is the money going? The city sure as hell isn't going to attract any new taxpayers. I guess the corrupt city government will just take the money for themselves, after all, that's the way liberals work. What a crock of s--t!