Detroit Councilwoman JoAnn Watson To Obama: We Voted You, Now Bail Us Out. According to Detroit Councilwoman, President Obama owes the city some government bacon for supporting him in the 2012 election. She believes Detroit is in desperate need of a but, until now, the White House has announced no plans to do so.
I wonder how many other ppl Hussein owes?
entitlement anyone?
Crews battle fire at house where 4 found dead on Detroit’s east side
http://www.detroitnews.com/article/20121205/METRO01/212050375/1409/metro/Police-find-4-shot-death-Detroit-s-east-side
Robbers With AK-47s Hit Two Detroit Gas Stations
http://detroit.cbslocal.com/2012/12/05/robbers-with-ak-47s-hit-two-detroit-gas-stations/
Auto bailout may have saved Obama
http://www.politico.com/news/stories/1112/83511.html
Moody’s cuts Detroit debt ratings deeper into junk
Moody’s Investors Service on Wednesday
lowered Detroit’s debt ratings deeper in the junk category
because of the city’s low cash reserves and its weaker oversight
by the state of Michigan.
The rating agency cut Detroit’s unlimited tax general
obligation rating to Caa1 from B3, its limited tax GO rating to
Caa2 from Caa1, and also downgraded ratings on the city’s water
and sewerage revenue bonds.
Moody’s also placed a negative outlook on the lowered
ratings, citing in part “the rising possibility that the city
could file for bankruptcy or default on an obligation over the
next 12 to 24 months.”
http://www.chicagotribune.com/sns-rt-detroit-moodysdowngradeurgentl1e8msdcj-20121128,0,6575536.story