Moonbat Halts Detroit Bankruptcy

[JoeBlam]

Hussein Soetoro cultist Rosemarie Aquilina seemingly feels that the MoTown Chapter 9 is somehow about HIM....

Prior to her ruling on Friday, the judge criticized the Snyder administration and Schuette’s office over their hasty move.

“It’s cheating, sir, and it’s cheating good people who work,” Aquilina told assistant state Attorney General Brian Devlin. “It’s also not honoring the (United States) president, who took (Detroit’s auto companies) out of bankruptcy.”



From The Detroit News: Ingham County judge rules Detroit bankruptcy be withdrawn; Schuette appeals | The Detroit News

 

[007]

Evidently this ignorant fucking libtard skank thinks that somehow someone can SHIT the EIGHTEEN BILLION DOLLARS Detroit is IN THE HOLE!

What a STUPID fucking ZIPPER HEAD.

Well... why am I surprized... she's an obama/soetoro worshiper... right there shows there's a problem with her BRAIN. *SHE* is a PRIME EXAMPLE of WHY Detroit is BANKRUPT.

You - just - can't - fix - STUPID!

 

[Katzndogz]

Evidently this ignorant fucking libtard skank thinks that a county judge can exert any control over the federal bankruptcy court.

She needs her knuckles rapped, bad.

 

[Moonglow]

So the judge is a chauvinistic follower of Oblama and that made the bankruptcy petition deficient in it's organizational merit of Michigan laws?

You guys must be escape artists from the local looney bin.

Lansing— Ruling the governor and Detroit’s emergency manager violated the state constitution, an Ingham County Circuit judge ordered Friday that Detroit’s federal bankruptcy filing be withdrawn.

“It’s absolutely needed,” said Judge Rosemary Aquilina, observing she hopes Gov. Rick Snyder “reads certain sections of the (Michigan) constitution and reconsiders his actions.”

The judge said state law guards against retirement benefits being “diminished,” but there will be no such protection in federal bankruptcy court.

From The Detroit News: Ingham County judge rules Detroit bankruptcy be withdrawn; Schuette appeals | The Detroit News

 

[JoeBlam]

I have no idea how an Ingham County judge can have any say about a Wayne County bankruptcy.

 

[JoeBlam]

So the judge is a chauvinistic follower of Oblama and that made the bankruptcy petition deficient in it's organizational merit of Michigan laws?

You guys must be escape artists from the local looney bin.

Fine by me if the pension provisions are looked at.....after the city's safety and utility needs are assured, the geezers counting on those checks shouldn't get abandoned. Maybe if Barry hadn't needed so many vacations and handed our money to solar company swindlers, we could throw a couple $B at the pensioners.

 

[007]

Evidently this little bubble headed, obama worshiping, libtard slut believes that being eighteen billion dollars in debt is better than filing for bankruptcy. I guess on her planet being in debt is better than wiping the slate clean.

 

[JoeBlam]

Evidently this little bubble headed, obama worshiping, libtard slut believes that being eighteen billion dollars in debt is better than filing for bankruptcy. I guess on her planet being in debt is better than wiping the slate clean.

Looks like this is just the opening salvo in a battle that could last years. There are so many parties involved there's bound to be tactical delays to gain bargaining power. One thing I didn't know is that Detroit utilites company bondholders could move to seize the water, gas, and electrical services to the city. NOBODY with a brain is going to screw around with them

 

[whitehall]

Motown has been dying for a long time. There are an estimated 78,000 buildings awaiting demolition. Are the fools trying to say they didn't see it coming? The anti-capitalists got their wish. Detroit is a government funded enterprise. How is it working out?

 

[JoeBlam]

Motown has been dying for a long time. There are an estimated 78,000 buildings awaiting demolition. Are the fools trying to say they didn't see it coming? The anti-capitalists got their wish. Detroit is a government funded enterprise. How is it working out?

Nah, the private sector is doing okay in Detroit. There's all kinds of new enterprises looking to take advantage of the cheap real estate to be had. The sports teams are thriving, Corktown and Greektown are being gentrified, still plenty of old money out in Grosse Pointe, Palmer Woods, Bloomfield, and Birmingham. It's the union contracts that are strangling the city..those gotta go along with all the unsecured debt....investment is a risk and everybody who does it should realize that. All this really is a reorganization so if everybody keeps their head on straight, the city will come out okay.

 

[007]

Motown has been dying for a long time. There are an estimated 78,000 buildings awaiting demolition. Are the fools trying to say they didn't see it coming? The anti-capitalists got their wish. Detroit is a government funded enterprise. How is it working out?

But... but... but... Detroit is the democrat's and the union's shining star on the hill... it's their utopia...

 

[Moonglow]

So the judge is a chauvinistic follower of Oblama and that made the bankruptcy petition deficient in it's organizational merit of Michigan laws?

You guys must be escape artists from the local looney bin.

Fine by me if the pension provisions are looked at.....after the city's safety and utility needs are assured, the geezers counting on those checks shouldn't get abandoned. Maybe if Barry hadn't needed so many vacations and handed our money to solar company swindlers, we could throw a couple $B at the pensioners.

The pensioners money is covered by the federal retirement insurance fund, it's like the FDIC insurance on bank accounts.

But first you must get bankruptcy okayed by the judge.

 

[Moonglow]

Motown has been dying for a long time. There are an estimated 78,000 buildings awaiting demolition. Are the fools trying to say they didn't see it coming? The anti-capitalists got their wish. Detroit is a government funded enterprise. How is it working out?

But... but... but... Detroit is the democrat's and the union's shining star on the hill... it's their utopia...

It's been dying since the 1970's The car companies got in the ass good during the Oil Embargo on the US. I was still riding a bike to school, so I really didn't notice it.

 

[JoeBlam]

Detroit is an easy whippin-post but they are really pathfinders of sorts...the first victims of LBJ's "great society" failure, the first victims of the rotten trade deals we struck with Japan 30 years ago, the first American city that was almost burned to the ground in the '67 riots, and now the first major city to declare it's broke. There's plenty of cities in as much or more trouble as Detroit and the dominoes will start to fall now that the writing is on the wall. There's no JOBS anymore....that's the problem. You can blame the unions, you can blame the black crime, you can blame democrats...but the bottom line is the Fortune 500 gave up on us and ran to slave/prison labor off-shore. Until they're forced by law to return, everybody better get used to what Detroit is going through because it's coming to a city near you soon enough.

 

[JoeBlam]

The pensioners money is covered by the federal retirement insurance fund, it's like the FDIC insurance on bank accounts.

But first you must get bankruptcy okayed by the judge.

Yeah, as if the pension fund or FDIC has any money....same deal as SS trust fund....full of IOUs, no cash. THIS judge doesn't have the juristiction to stop or even delay the train now that it's on the tracks. The state Appeals Court will slap this little MILF upside her beehive hairdo.