Liberty is an inherently offensive lifestyle. Living in a free society guarantees that each one of us will see our most cherished principles and beliefs questioned and in some cases mocked. That psychic discomfort is the price we pay for basic civic peace. It's worth it. It's a pragmatic principle. Defend everyone else's rights, because if you don't there is no one to defend yours. -- MaxedOutMama

I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing. -- Kim du Toit

The most glaring example of the cognitive dissonance on the left is the concept that human beings are inherently good, yet at the same time cannot be trusted with any kind of weapon, unless the magic fairy dust of government authority gets sprinkled upon them.-- Moshe Ben-David

The cult of the left believes that it is engaged in a great apocalyptic battle with corporations and industrialists for the ownership of the unthinking masses. Its acolytes see themselves as the individuals who have been "liberated" to think for themselves. They make choices. You however are just a member of the unthinking masses. You are not really a person, but only respond to the agendas of your corporate overlords. If you eat too much, it's because corporations make you eat. If you kill, it's because corporations encourage you to buy guns. You are not an individual. You are a social problem. -- Sultan Knish

All politics in this country now is just dress rehearsal for civil war. -- Billy Beck

Friday, July 19, 2013

So Detroit Files for Bankruptcy

What, it can't loan money to itself to get out of its hole?
Gov. Rick Snyder justified approving the historic filing by reciting a litany of the city’s ills, including more than $18 billion in debt, maxed-out tax rates, the highest murder rate in 40 years, 78,000 abandoned buildings and a half-century of residential flight. He said the city failed to provide basic services to residents or pay creditors.


"There were no other viable alternatives," Snyder told reporters Thursday. "We have a great city but a city that has been going downhill for 60 years."
Just a coincidence I'm sure, but Detroit hasn't had a Republican mayor for ... sixty-one years.

It will be interesting to see if Obama inserts himself into this bankruptcy proceeding and screws the secured bondholders in favor of the unions.  Again.  (ETA:  Walter Russell Mead says "No.")

Edited to add:

And, of course, this classic from Steven:

UPDATE #4: Michigan AG challenges judge's ruling that Detroit bankruptcy is unconstitutional
An Ingham County judge says Thursday's historic Detroit bankruptcy filing violates the Michigan Constitution and state law and must be withdrawn.

But Attorney General Bill Schuette said he will appeal Circuit Judge Rosemarie Aquilina’s Friday rulings and seek emergency consideration by the Michigan Court of Appeals. He wants her orders stayed pending the appeals, he said in a news release.
There's more.

Apparently Judge Aquilina is a "wise Latina woman with the richness of her experiences," instead of someone who, you know, cares about rule of law.

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