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Bill Whittle Kills It…

Here it is all laid out for you, so simple an idiot could understand, but I’m betting we will keep hearing what an angel this poor kid was for years to come.

Municipal Bondage

What happens to a once great city after decades of liberal social policies and corruption? The French call it a fait accompli.

Investors dumped Detroit’s municipal bonds a day after the city’s historic bankruptcy filing even as a ruling in state court raised questions about whether the bankruptcy will stand up to court review.

Attempts by Michigan Governor Rick Snyder and Detroit’s Emergency Manager Kevyn Orr to put a positive spin on the largest municipal bankruptcy in U.S. history failed to reassure investors. Prices on some Detroit bonds plunged and there were wider declines in the $3.7 trillion U.S. municipal bond market.

The state court judge in Michigan’s capital of Lansing ordered Orr to withdraw the bankruptcy petition because the state law that allowed Snyder to approve the bankruptcy violated the Michigan Constitution. The governor lacks the power to “diminish or impair pension benefits,” according to the ruling by Ingham County Circuit Court Judge Rosemarie Aquilina.

Michigan Attorney General Bill Schuette, acting on behalf of Snyder, quickly filed an appeal with the state appeals court. His office said motions seeking emergency consideration were expected to be filed later on Friday.

Orr, meanwhile, filed a motion with Federal Bankruptcy Court Judge Steven Rhodes, who was appointed on Friday to oversee the Detroit case, requesting a hearing as soon as Tuesday on his request to place lawsuits aimed at derailing the city’s Chapter 9 proceedings on hold. The emergency manager’s motion also asked the judge to rule on deadlines, schedules, notification lists and other procedural matters..

Saturday Open Thread

apollo

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Friday Open Thread

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F You Lewis Black!

I can take a joke as well as the next guy and Texas is and has been the target for more than its share of well deserved humor. This video however completely misses the point of Rick Perry’s campaign to get business to move to Texas.

If your state or city is so great, why would you care if Rick Perry says, “Hey check out Texas?” You can’t stand competition? Are you afraid that what he says may be true? in the end, Lewis Black is just trying to get a laugh and put about 2 seconds of thought into this bit. But to anyone who says F-you to Texas…you can kiss my lilly white ass.

This Afternoon’s Broadcast Is Brought to You By…

Smokestack Lightening


Last Tuesday, Florida Power & Light put on a show in the name of Progress. Who doesn’t love a good demolition? Am I right?

Four familiar smokestacks at Port Everglades came down forever early Tuesday morning with a swift string of flashes, pops and echoing rumbles that — from a safe distance —sounded a bit like a Fourth of July fireworks finale.

That was fitting since Florida Power & Light’s official theme for the razing of the aging, oil-burning power plant in Fort Lauderdale was “Countdown to Energy Independence.”

There was some nostalgia over the disappearance of the candy cane-striped towers that have been a Fort Lauderdale landmark for 50 years but not for the tankers full of expensive imported crude they burned and the pollution they spewed. FPL plans to replace the outdated plant with a $1.1 billion facility that will burn natural gas produced in the United States, reduce emissions by more than 90 percent and run on 35 percent less fuel.

“The boom may last only a minute, but it will be a long-term boon for our economy, the environment and America’s push for energy independence,’’ said FPL President Eric Silagy, just before beginning a countdown to trigger the 450 pounds of strategically placed explosives that felled the 350-foot smokestacks and four hulking steel boiler buildings.

Thursday Open Thread/Happy My Birthday!

wankettebday

Here’s me talking Rufus into writing a check to cover today’s bail money party…

My dearest 3Ders!  Whatever would I do without your brilliance, your candor, your rarely sober (but always courtly) ways, and your love & support.  In honor of my birthday, please do something wickedly fabulous.

You can blame me for it.

 

From the Trailer Park — Out of the Furnace


Christian Bale, Casey Affleck, Woody Harrelson, Zoe Saldana, Forrest Whittaker, Willem Dafoe, Sam Shepard. Looks pretty good — as a lot of trailers do of course.