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
FUCK NOOOOOOOOOOOOO
From OBUMBUM HIMSELF? OK. From US, via Obumbum? Not a red CENT!
Look at going broke Cincinnati, new black PD Chief, black mayor, black city manager both spending money that's not there on stuff that will never pay for its self!!!
use to live there, left the state!!
No as the black avenger once said, "show me a city with a black police chief and a black Mayor and I will show you a slum."
As for me let the place rot maybe some of the non producers with get a job.
Everybody knew when Obama was elected he would find a way to bail out Detroit. Wait until he finds a way to bail out Illinois and Chicago.
Apparently Henry Massingale you aren't aware Detroit area is muslim
Absolutely not. Many larg cities have massive corruption issues. For example, spending more that they take in. Their is no transpartent audits or accountabilty.
Maybe, if Obozo didn't shut down 38 auto supply companies and then shipped them to China. Then, people working there would earn a desent living. Thereby, supporting local commerce.
Purpose is to break our bank, divide us and destroy the country. The enemy within does it again.
No--NEVER===they ruined Detroit by bailing out the auto industry. They should let them file and re-negotiate the pensions that Detroit can cover. I worked for a company in Lansing, MI and the corporate raiders took the pension fund and ran. The employees got a total of approximately $250 total for their pensions.
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