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Cash-strapped Camden, New Jersey Disbanding its Police Force
Photo credit: conner395 Crime-ridden Camden, New Jersey – often referred to as the most dangerous city in the United States—is getting rid of its police department. In the latest example of a...
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Judge: California City’s Bankruptcy Given the Green Light
Photo Credit: Justin Sullivan A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, over the objection of creditors who argued the city could come up with more money. U.S....
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Judge Denies American Airlines’ CEO’s $20M Severance – For Now
Photo Credit: Getty A federal bankruptcy judge denied American Airlines’ plan to give its CEO a $20 million severance package, saying bankruptcy law prevents such rich “golden parachutes.” But the...
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Largest City in History of US Files for Bankruptcy (+video)
Flashback: Obama boasted in 2012: ‘We refused to let Detroit go bankrupt’ _______________________________________________________________________ Photo Credit: J.D. Pooley Largest City in History of US...
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Largest Municipal Bankruptcy in History on Hold: Judge Says it’s Illegal...
Photo Credit: Dale G. Young By Gary Heinlein. Ruling the governor and Detroit’s emergency manager violated the state constitution, an Ingham County Circuit judge ordered Friday that Detroit’s federal...
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Detroit Surrenders As If It Had Been Invaded
Photo Credit: Ann Millspaugh By the time Detroit declared bankruptcy, Americans were so inured to the throbbing dirge of Motown’s Greatest Hits — 40% of its street lamps don’t work; 210 of its 317...
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Detroit Finally Runs Out of Other People’s Money
Photo Credit: Irish Central Bob Beckel, one of the lefties in the Fox News stable of political pundits, has slowly and grudgingly evolved to accept a harsh reality-Utopian, liberal, social engineering...
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Charles Krauthammer Takes On Sally Kohn: Detroit is Not A GOP Failure, ‘It’s...
Photo Credit: YouTube By Jason Howerton. Charles Krauthammer hit back at liberal pundit Sally Kohn after she claimed conservatives will “try to use Detroit falsely as an example to push more...
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Bankrupt Detroit Still Going Forward With $444 Million Hockey Arena
Photo Credit: Getty Images Detroit’s financial crisis hasn’t derailed the city’s plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings. Advocates of...
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Slouching Toward Bankruptcy
Photo Credit: Tax Credits In November 2004, President George W. Bush was re-elected after campaigning on personal accounts for Social Security. It was unfair, he argued at the time, to make a...
View ArticleCash-strapped Camden, New Jersey Disbanding its Police Force
Crime-ridden Camden, New Jersey - often referred to as the most dangerous city in the United States—is getting rid of its police department.
View ArticleJudge: California City's Bankruptcy Given the Green Light
A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, a case closely watched by a number of other cash-strapped cities in California.
View ArticleJudge Denies American Airlines' CEO's $20M Severance – For Now
A federal bankruptcy judge denied American Airlines' plan to give its CEO a $20 million severance package, saying bankruptcy law prevents such rich "golden parachutes."
View ArticleLargest City in History of US Files for Bankruptcy (+video)
Sinking under huge debts and decades of mismanagement, Detroit formally filed for bankruptcy on Thursday, becoming the biggest US city ever to take such a drastic measure.
View ArticleLargest Municipal Bankruptcy in History on Hold: Judge Says it’s Illegal...
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.
View ArticleDetroit Surrenders As If It Had Been Invaded
By the time Detroit declared bankruptcy, Americans were so inured to the throbbing dirge of Motown's Greatest Hits — 40% of its street lamps don't work; 210 of its 317 public parks have been closed; it...
View ArticleDetroit Finally Runs Out of Other People’s Money
It was no surprise as Detroit announced it was filing for bankruptcy, liberals' knee jerk reactions were to call for the federal government to bail them out of their 18 billion dollar debt.
View ArticleCharles Krauthammer Takes On Sally Kohn: Detroit is Not A GOP Failure, ‘It’s...
Charles Krauthammer hit back at liberal pundit Sally Kohn after she claimed conservatives will “try to use Detroit falsely as an example to push more austerity.”
View ArticleBankrupt Detroit Still Going Forward With $444 Million Hockey Arena
Detroit's financial crisis hasn't derailed the city's plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings.
View ArticleSlouching Toward Bankruptcy
The longer Washington puts off Social Security reform, the worse the shock will be.
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