The New York City
Reconstruction
By: Jesus Christ
The Mafia and Hebrew will take control of my hotel
interest. This is a nationwide move. We
will take control of all non profit 501 c 3 corporations that serve black
people, by gun point if necessary. As the controllers of these non profit
board, we control almost all pharmaceutical spending. Think about just NYS alone bills Medicaid for
$40B per year. They cannot protect this operation anymore, just take it in my name.
They do as we say and that is it and we do the hiring for now on.
I own Berger King worldwide. This is a blessing. We will
change the name and menu and use the set-up to our advantage and McDonald's
will have to show me something. Share
the wealth and give kids jobs with benefits to get weed and take food stamps as
payment.
We have 500,000 people who are in my way. They were set-up
to just be displaced. The Manhattan
Project was about building nuclear bombs, but out of all that money only 10%
went to bomb material and 90% went to building construction. Look around you. Meanwhile no parking, no shopping , malls and
not gas stations. The decision was already made. The projects mist be demolished.
I will take ownership of Wal-Mart New York ,
Gambino Gas Stations and all kinds of trade, but first we must relocate all
these people and make history. We must build them complete economies so to make
them self sustaining.
Then we move in on the VA, who is controlled by the Nazi's.
We will force them to enforce The Veterans Travel Reimbursement Benefit to al
veterans. This places $70,000 in the
hands of every veterans as long as he leaves home and travels. This will make the hotel industry make a lot
of business. Our service will be 3 to 180 day travel plans. You book the
Hilton, then you as you travel the contract is honored nationwide. Now they can
travel by day and sleep at night or whatever.
Click Hyperlink above
The Mafia makes
history:
Takeover all of this and create ecomomies for relocate
people at $500,000 x $1,000,0000 per person moved or: $500,000,000,000 = $500 Billion over 10 years.
Think
Motown is the only major U.S.
city in a boatload of financial trouble? Think again.
Detroit 's
bankruptcy filing sent shivers down the spine of municipal bondholders,
government employees, and big-city urban residents all over the country.
That's because many of the 61 largestU.S.
cities are plagued with the same kinds of retirement legacy costs that sent Detroit into Chapter 9
bankruptcy this summer.
Editor's Note: ‘This Wasn’t an Accident’ — Experts Testify on Financial Meltdown
These cities have amassed $118 billion in unfunded healthcare liabilities. These are legal promises to pay healthcare benefits to municipal workers beyond the employee contributions to finance those funds. This is a giant fiscal sink hole — and because of defined benefit plans, the hole keeps getting deeper.
Detroit may be
the largest city in American history to go bankrupt, but it is not alone. The
city raced to the financial insolvency finish line before anyone else in its
class.
Keep an eye on "too big to fail" cities likeChicago ,
Philadelphia , and New York .
According to an analysis by the Manhattan Institute, severalChicago
pension funds are in worse financial shape than the worker pensions in Detroit . One is only 25
percent funded, and where the other 75 percent of the money will come from is
anyone's guess. And there are about a dozen major California cities having systemic problems
paying their bills.
Here is my worry list, based on bond ratings and other data, of the top 20 cities to watch for financial troubles in the wake of the Detroit story:
1. Compton, Calif.
Compton has teetered on the brink of bankruptcy after it accrued a general-fund deficit of more than $40 million by borrowing from other funds, depleting what had been a $22 million reserve.
2. EastGreenbush , N.Y.
ANew York state audit concluded that years of
fiscal mismanagement — including questionable employment contracts and illegal
payments to town officials — left East Greenbush
more than $2 million in debt.
3.Fresno , Calif.
Fresno had the
ratings of its lease-revenue bonds downgraded to junk-level by Moody's, which
also downgraded its convention center and pension obligation bonds due to the
city's "exceedingly weak financial position."
4. Gulf County, Fla.
Fitch Ratings warned that Gulf County's predominately rural economy is "narrowly focused," with income levels one-quarter below national averages and economic indicators for the county also comparing unfavorably to national averages.
5.Harrisburg , Pa.
Harrisburg is
at least $345 million in debt, thanks largely to municipal bonds it guaranteed
in order to finance upgrades to its problematic waste-to-energy trash
incinerator.
6. Irvington, N.J.
Irvington has a violent crime rate six times higher than New Jersey's average, with Moody's citing "wealth indicators below state and national averages and tax-base and population declines due to increased tax appeals and foreclosures."
7.Jefferson County , Ala.
Jefferson County, home to the city ofBirmingham ,
has been dealing with the collapse of refinancing for a sewer bond. It filed
for bankruptcy protection in 2011 over a $3.14 billion sewer bond debt.
8. Menasha, Wis.
Menasha defaulted on bonds in 2007 it had issued to fund a steam plant which has since closed and left the city permanently in the red and, as of 2011, had $16 million in general fund revenue, but had $43.4 million in outstanding debt.
9.Newburgh , N.Y.
Newburgh was
cited by Moody's for "tax base erosion and a weak socioeconomic
profile," with 26 percent of its population below the poverty line and its
school district facing a $2 million budget gap.
10.Oakland , Calif.
Oakland is
trying to get out of a Goldman Sachs-brokered interest rate swap that is
costing it $4 million a year. According to a recent city audit, Oakland has lost $250
million from a 1997 pension obligation bond sale and subsequent investment
strategy.
11. Philadelphia School District, Pa.
Philadelphia's school district, the nation's eighth-largest, faces a $304 million deficit in its $2.35 billion budget, and is seeking $133 million from labor-contract savings to prevent further cutbacks.
12.Pontiac , Mich.
Pontiac , where
the emergency manager has restructured the city's finances, was downgraded by
Moody's, reflecting the city's history of fiscal distress and narrow liquidity.
13. Providence, R.I.
Providence, rumored to be filing for bankruptcy for more than a year, experienced consecutive deficits through fiscal 2012, has a high-debt burden and significant unfunded pension liabilities, as well as high unemployment and low income levels.
14.Riverdale ,
Ill.
The credit rating for Riverdale is under review by Moody's because the city has not released an audit of interim or unaudited data for the year that ended April 30, 2012.
15.Salem , N.J.
Salem is under close fiscal supervision after it
issued bonds to finance the construction of the Finlaw State
Office Building ,
which was delayed by construction issues, and its leasing revenues are not
enough to cover the debt payments and the maintenance fees.
16. Strafford County, N.H.
Strafford County regularly borrows money to cover its short-term cash needs after it spent two-fifths of its budget on a nursing home, which lost $36 million from 2004 to 2009.
17.Taylor , Mich.
Taylor has a large deficit and is vulnerable due to
significant declines in the tax base, limited financial flexibility, and
above-average unfunded pension obligations.
18.Vadnais Heights ,
Minn.
TheSt. Paul suburb of Vadnais Heights
had its debt rating downgraded to junk last fall by Moody's after the city
council voted to stop payments to a sports center financed by bonds.
19.Wenatchee , Wash.
Wenatchee defaulted on $42 million in debt
associated with the Town
Toyota Center ,
a multipurpose arena, and has ongoing financial issues due to the default.
That's because many of the 61 largest
Editor's Note: ‘This Wasn’t an Accident’ — Experts Testify on Financial Meltdown
These cities have amassed $118 billion in unfunded healthcare liabilities. These are legal promises to pay healthcare benefits to municipal workers beyond the employee contributions to finance those funds. This is a giant fiscal sink hole — and because of defined benefit plans, the hole keeps getting deeper.
Keep an eye on "too big to fail" cities like
According to an analysis by the Manhattan Institute, several
Here is my worry list, based on bond ratings and other data, of the top 20 cities to watch for financial troubles in the wake of the Detroit story:
1. Compton, Calif.
Compton has teetered on the brink of bankruptcy after it accrued a general-fund deficit of more than $40 million by borrowing from other funds, depleting what had been a $22 million reserve.
2. East
A
3.
4. Gulf County, Fla.
Fitch Ratings warned that Gulf County's predominately rural economy is "narrowly focused," with income levels one-quarter below national averages and economic indicators for the county also comparing unfavorably to national averages.
5.
6. Irvington, N.J.
Irvington has a violent crime rate six times higher than New Jersey's average, with Moody's citing "wealth indicators below state and national averages and tax-base and population declines due to increased tax appeals and foreclosures."
7.
Jefferson County, home to the city of
8. Menasha, Wis.
Menasha defaulted on bonds in 2007 it had issued to fund a steam plant which has since closed and left the city permanently in the red and, as of 2011, had $16 million in general fund revenue, but had $43.4 million in outstanding debt.
9.
10.
11. Philadelphia School District, Pa.
Philadelphia's school district, the nation's eighth-largest, faces a $304 million deficit in its $2.35 billion budget, and is seeking $133 million from labor-contract savings to prevent further cutbacks.
12.
13. Providence, R.I.
Providence, rumored to be filing for bankruptcy for more than a year, experienced consecutive deficits through fiscal 2012, has a high-debt burden and significant unfunded pension liabilities, as well as high unemployment and low income levels.
14.
The credit rating for Riverdale is under review by Moody's because the city has not released an audit of interim or unaudited data for the year that ended April 30, 2012.
15.
16. Strafford County, N.H.
Strafford County regularly borrows money to cover its short-term cash needs after it spent two-fifths of its budget on a nursing home, which lost $36 million from 2004 to 2009.
17.
18.
The
19.
20. Woonsocket, R.I.
Woonsocket faces near-term liquidity shortages necessitating an advance in state aid, a high-debt burden and unfunded pension liabilities, with Moody's citing the city's continuing difficulties in making spending cuts because of poor management and imprecise accounting.
Jesus Christ
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