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Obama Saves Detroit Not!

Original post made by Nathan Detroit, another community, on Dec 4, 2013

President Obama went on television and before a nationwide audience said:

"We refused to let Detroit go Bankrupt. I bet on American Workers and American Ingenuity and three years later that bet is paying off in a big way."

I would too bet on American Workers and American Ingenuity but when you have the bumbling and inept Obama Administration screwing things up then all bets are off.

A federal judge ruled yesterday that Detroit can use bankruptcy to cut employee pensions and relieve itself of $18 Billion in debt, handing a defeat to the city's unions and retirees. Creditors might get 16 cents on every dollar of debt they hold.

Another Obama Success Story. What a klutz. They man truly does not know what he is doing.

Comments (5)

Posted by Jo Swerling
a resident of Menlo Park: Belle Haven
on Dec 4, 2013 at 11:24 am

Conflating the President saving the American automobile industry and it's millions of jobs (compared to Romney saying 'let it go bankrupt') and then blaming Obama for the Detroit mess enabled by Rick Snyder is an absurd notion.

Reminds me of the ridiculous rants by @Gray Lady in another thread, coincidentally having posted minutes before this thread was created. Funny that.

"They man truly does not know what he is doing." Showing in many ways, both literally and figuratively, the poster knows not what she types.

Obama saves GM and killed Bin Laden. Americans chose Obama in a landslide over the very best the republicans could offer, a man who grew up in the affluent aristocracy of Michigan, Mitt (47% is my platform, 47% is my vote total)Romney.

John Boehner promised us JOBS BILLS, which would help Detroit AND AMERICA, yet Boehner takes the whole month of December off.

Posted by Nathan Detroit
a resident of another community
on Dec 4, 2013 at 1:30 pm

Even the great Obama could not prevent GM from going into Bankruptcy. GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009.

Obama did not kill Bin Laden. Jose Rodriguez, the director of CIA Clandestine Services waterboarded an Al Qaeda member which gave the crucil information on the location of UBL. VADM William McGraven got the go ahead from President Bush to plan the operation for the capture and execution of Bin Laden. When Bin Laden was finally located in Abbottabad, President Obama, after much hand ringing, gave the final approval. The vast majority of the intelligence gathering and Mission planning was under President's Bush watch.

If Obama has been president during the Bush years there is no question that this would have never got off the ground. Obama would have been like Bill Clinton who had Bin Laden in his sights twice before 2001 and did not have the courage to extinguish the threat. If Clinton had any backbone 9/11 would not have happened.

Posted by Jo Swerling
a resident of Menlo Park: Belle Haven
on Dec 4, 2013 at 1:43 pm

awww, now that's truly funny, Gray lady!

Giving BUSH credit for getting Bin Laden after he told us within a year of 9/11 that he didn't care about Bin Ladin? Too silly!

From Georgie's own mouth: "I don't know where bin Laden is. I have no idea and really don't care. It's not that important. It's not our priority" -- 3/13/02

Six months after 9/11: "I have no idea and really don't care." "It's not our priority"

Yeah, Gray Lady, Bush got Bin Ladin. Keep drinking the koolaid.

Posted by Nathan Detroit
a resident of another community
on Dec 6, 2013 at 6:51 pm

U.S. Bankruptcy Judge Steven Rhodes said in his ruling that "pensions can be cut because they are contracts". Unions such as the SEIU and AFSME bleed their cities dry. They should take notice that if a city goes bankrupt they are at risk of having their pensions cut. And cities will be smart and file in U.S. Bankruptcy Court which is out of reach of the liberal California Court system.

Obama took credit for saving Detroit publicly on National TV and now he is eating crow. Obama is an empty suit who is long on boasting and short on delivery. This arrogance will most likely cost him the Senate in 2014. He is very fortunate that there won't be 67 Republican senators.

Posted by saved gm
a resident of Menlo Park: Allied Arts/Stanford Park
on Dec 7, 2013 at 8:16 am

President Obama saved the American auto industry at the same time nathan detroits super idol, good looking Mittens, wanted it to die.

We know mitt fanboy nathan loved romney so much, he has a sad every day when he reslizes he is represented at every level by a blue democrat - guv congress president

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