Public bankruptcies in the USA ... and at home? Correspondent

[Christophe]

Documentary broadcast tonight on the bankruptcy of some municipalities and counties in the US (transferred officials, more paid pensioners, suicides, ruined houses ...) ... some (Jefferson County) because of rotten rate loans (a bit like those of Dexia but much worse ...). The banksters are never far from human misery ...

A review here: http://envoye-special.france2.fr/les-re ... -4004.html

Be careful this report can shock ... by the passivity of people ... who have lost everything (or almost) ...

Obviously the "specialists" will tell you that this will never happen "at home" ... It is surely true: we are going to dilute the bill to the entire population with this new "concept" which is austerity. . for the benefit of whom? The same...

Roadmap: America in bankruptcy

Tags: Economy Abroad Company Travel Diary

a report by Elise Le Guevel and Vincent Barral

Without salaries, pensions cut, security and police drastically reduced, the United States is at the foot of the wall, crushed by the weight of debt.

Many cities and even some states are on the brink of bankruptcy. To avoid filing for bankruptcy, these local authorities are forced to make heavy sacrifices. Jefferson County in Alabama, the equivalent of a French department, is a shining example. With 4 Billion dollars in debt, he is about to win the record for the biggest bankruptcy of a local community in the United States. Forced by its creditors on Wall Street, the county can no longer pay one-third of its officials, and drastically reduces its public services. The municipality of Prichard has even gone further: for nearly two years, it has removed the pensions of its former employees.

As for Detroit, city symbol of the economic recession, the town hall has purely and simply decided to abandon certain districts.

Travel to a America plagued by deficits.

The summary does not say that these 4 billion were actually a loan of 250 million originally ... there are about ten years. So these are not deficits but usurious debts that plague America!

[dedeleco]

Very nice report on the bankruptcy of many cities USA !!

The Americans are not in solidarity and no longer pension for all the former penniless employees, employed on the street without work, Jefferson County Alabama, 700000habitants, almost more administration, more registration and other papers,, in total bankruptcy pronounced just after the report, as a company with a bankruptcy trustee !!
Loan to renovate the sewers of 250millions of dollars became with subprims in 2008 4 billion with banks advisers and elected corrupt with bribes, sent to prison sometimes, but banks unscathed of everything, which put them in bankruptcy. Banks clear 1 billion but more than 2 billion is left to pay.
No help from the state,
In October 2009 end of all payment of salaries and pensions, even police and firefighters, having paid their whole lives 35 to 40 years old, put on the street, in the city of pritchard, deserted by his companies in the 80 years, and all the world does not care, no city wants to pay pensions and companies will do the same, in many cities without means to pay, such as Illinois, New Jersey, Colorado, New York, Philadelphia, have dry retirement funds !!
Result reduction of pensions to their third, after renegotiation to Pritchard, that all the other cities look to copy after !!
18 pensioners dead, sometimes suicidal.

A Detroit decline, 50% unemployment, apocalypse, empty houses that burn one after another, 500 fires a month, city bankrupt too, almost more firefighters and police officers, citizens have to fend for themselves, retiree doing the work of demolition homes abandoned at his expense, without help, so that his grandchildren do not grow up in such an abandoned environment!

Detroit, 350Km2, no more than the state of Michigan without money, abandons abandoned shipwrecked neighborhoods without maintenance, without lighting, without police, without firefighters, squatters, left to degrade, to get rid and push the people still present, from and support and protect wealthy neighborhoods !!

The federal state with its debt of 14000Billions of dollars can not help at all those American resigned, abandoned to themselves in their misfortune!
No welfare state in the USA
Just pacifist protests against the greed of bankers with Occupy Wall Street.
http://occupywallst.org/
USA lab of Europe but we have a welfare state in Europe !!

Their US pension system, variable from one company to another, from one local community to another, non-solidarity shows the benefits of our system, unless the French state with its companies goes bankrupt in full!
We must thank our unionist parents who have installed a solidarity pension system, to avoid the capitalist bankruptcy of our pensions!

Finally after very remarkable Infrared, we learned with the point G, what we knew well 400 years ago, that women have a beautiful prostate capable of ejaculating repeatedly better than men, without wasting sperm, but full of PSA of real prostatecontrolled by their male hormones with varying rates from one woman to another !!

Finally women are more gifted than men, able to enjoy with their only brain isolated, under a scanner, which allows to verify the reality of this inner enjoyment totally in their brain!

[Flytox]

Well, it's when he collapses this ugly house of cards? Can it be after destroying Europe and the rest of the world with the export of their crisis and their vision at short notice?

Are surprising these Ricans, they are fucked until the core ... but they are still faithful to the post, for their ceremony of allegiance

[Christophe]

Are surprising these Ricans, they are fucked until the core ... but they are still faithful to the post, for their ceremony of allegiance

Ah? You also "shocked" you cf:

Be careful this report can shock ... by the passivity of people

With us in the same "jerk off" conditions ... I don't think it would happen so passively ...

And to say that they can, in addition, there: all have a gun!

[Did67]

I saw too.

The reflection that I made myself is the following:

1) it is necessary to relativize their speech on less charge, taken by many; when young people go to work with the Anglo-Saxons, they are dazzled by the net wages ...

What they do not say is that it's the expenses that financed their training, their health, their hobbies (in part) ... And that they will finance their old days ... So it's French who benefit Anglo-Saxon circles and generally make the apology are false-ass! [or so, not very talented macro-economy issue]

2) I am probably a psycho-rigid Protestant [isn't it, Christophe?] But I prefer a Swedish society with very high charges a thousand times than a society of cowboys with rich "blingbling" and misery black (in the "nigger" sense) at every street corner ... You really have to have a cowboy spirit, push yourself so I can get started, who are you to dirty my meadow ...

3) What is appalling is that we often quote the second as an example, rarely the first! [including on this forum, see the litanies "anti-charges" of some on certain threads, on which I do not always react]

[Christophe]

At 3 meters from the wall: American bankruptcy, small editing:

http://www.youtube.com/watch?v=mqYO-GNh99I

And the report of Special Envoy:
http://www.youtube.com/watch?v=BMuhn2M_J90
http://www.youtube.com/watch?v=p6vlr80P6NA

[the middle]

I broadcast everything, but for me, all this is wanted.
So, there is a goal.

[Christophe]

Just, I'm starting to think more and more! Especially after seeing the shock strategy: https://www.econologie.com/forums/la-strateg ... 11301.html

You can stream this video too: https://www.econologie.com/solution-a-la ... -4382.html proof that a country can get out of bankruptcy alone ...it is sufficient for the policies in place to have a minimum of competence (or honesty)

[dedeleco]

After a lot of suffering !!!

[Christophe]

What is the keskidit the deduced gentleman?

Say right now that I am slow in understanding !!