Baby Bailout: White House to Send Millions to Detroit

[Jeff]

Dang I thought I remember a slogan during the election something about Osama is dead and Detroit is a live all do to our fearless chicken hearted Leader , Guess he spoke to soon , or did he lie :rolleyes:



Even as the nation sits on the edge of a financial crisis driven by the need to incur more debt, the White House has found $300 million to send to mismanaged, financially beleaguered Detroit, according to CNN (http://money.cnn.com/2013/09/27/news/economy/detroit-federal-help/).
The money is being taken “from programs that are available for cities across the nation, not just Detroit.”
The action amounts to a backdoor assistance plan that effectively circumvents Congress, which would not support a bailout. A White House official was vague on how the money had been cobbled together.
According to an AP story (http://www.foxnews.com/politics/2013/09/27/ahead-talks-feds-find-100m-for-broke-detroit/), which had stated the total at $100 million:



http://www.whitehousedossier.com/2013/09/27/baby-bailout-white-house-send-millions-detroit/

[hjmick]

I'm surprised it took so long...

Disappointing to be sure.

[Tyr-Ziu Saxnot]

Dang I thought I remember a slogan during the election something about Osama is dead and Detroit is a live all do to our fearless chicken hearted Leader , Guess he spoke to soon , or did he lie :rolleyes:





http://www.whitehousedossier.com/2013/09/27/baby-bailout-white-house-send-millions-detroit/ Yet again we see Obama just doing as he pleases, circumventing Congress's authority and it's power of the purse. He repeatedly does this yet few call him on it and Congress isn't united enough to start impeachment proceedings as it should. That weakness he preys on because he is at heart a dictator and a hater of this nation. He actually should be tried for his treason but that will not happen. Far more likely is this nation will fall first IMHO. -Tyr

[Arbo]

Yet again we see Obama just doing as he pleases, circumventing Congress's authority and it's power of the purse.

Ah, just repeating what the article said. Of course had you bothered to go to the article used as a source (from CNN) you'd learn that this was all federal money that was already set aside for cities across the nation. Thus money already approved for use by congress. But don't let reality get in the way of a good rant.

Personally, I don't think Detroit should get a cent as they have proven they do not spend federal dollars as they are allotted to be spent. That and this whole 'federal assistance' crap needs to go away, it is merely the fed's using our tax dollars to control states in a manner that is incompatible with the Constitution. So let them rot.

[fj1200]

Yet again we see Obama just doing as he pleases, circumventing Congress's authority and it's power of the purse. He repeatedly does this...


... this was all federal money that was already set aside for cities across the nation.

It sucks when Congress delegates away its responsibilities and powers.

[Larrymc]

Dang I thought I remember a slogan during the election something about Osama is dead and Detroit is a live all do to our fearless chicken hearted Leader , Guess he spoke to soon , or did he lie :rolleyes:





http://www.whitehousedossier.com/2013/09/27/baby-bailout-white-house-send-millions-detroit/wait a minute Jeff with a back door bailout means, technically they are still alive, lets not assume our fearless leader would Lie.:rolleyes3: