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trailer for Doughboyz Cashout new video with Jeezy & CTE

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ROMULUS, Mich. (AP) — Detroit’s emergency manager says the city is defaulting on about $2.5 billion of debt.

Kevyn Orr said Friday that Detroit is asking creditors to take about 10 cents on the dollar of what they’re owed. Underfunded pension claims will get less.

Orr spent about two hours Friday morning with dozens of people representing banks, insurers and companies holding Detroit debt. He told reporters earlier at an airport hotel in Romulus he wants to fix fiscal problems that have made the city insolvent.

He has instituted a moratorium on all of Detroit’s payments on unsecured debt, seeking forgiveness of millions of dollars owed by the city.

He also said $1.25 billion will be set aside over 10 years for public safety, lighting and neighborhood blight elimination.

GWOP Magazine - Detroit, MI (c) 2011

LANSING (AP) – Michigan will receive $100 million from the federal government to tear down thousands of vacant houses and clean up struggling neighborhoods in Detroit and four other cities.

The pilot program to address blight was approved Thursday by the U.S. Treasury Department, according to Gov. Rick Snyder.

The money comes from the Hardest Hit Fund and will be used in Detroit, Flint, Grand Rapids, Pontiac and Saginaw. The fund was created in 2010 to help states struggling through the economic and mortgage crisis.

It isn’t clear how much money each city will receive.
Flint had more than 5,800 vacant homes and Grand Rapids over 2,700, according to estimates in the 2010 U.S. Census. Detroit has more than 30,000 vacant and abandoned houses.

#GWOP Throwback Video of The Day:

Gumbo Fam “Detroit Newz”

directed by GWOP Magazine (c) 2011

New EP from Jeezy’s Record label CTE #ItsThaWorld

shot by Motion Family

Doughboyz Cashout “Woke Up” feat. Yo Gotti

After releasing a stream of this EP, Chuck Inglish is ready to deliver the full EP for download. The project features nine tracks, which are sure to be bass-heavy, as all production is handled by Chuck. Chuck says of the project: “‘Droptops’ is a vision from a night spent in a droptop Bonneville while in Austin, TX during SXSW. The project was inspired by the experience that night and mixed with the vibes of summer in LA.” Read More

Jeezy x DBCO x BYLUG

Detroit collective Doughboyz Cashout ink a deal with Young Jeezy’s CTE/Atlantic Records. Doughboyz Cashout consist of members HBK, Payroll, Doughboy Quis and Doughboy Dre. This is the modern Detroit version of the late 90s New Orleans’ Cash Money Hot Boys group. Congratulations fellas!

***UPDATED*** Announcement Video:

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The website NeighborhoodScout used FBI and other data to determine the top 25 neighborhoods in America that have the highest predicted rates of violent crime per 1,000 neighborhood residents. Violent crimes, in their definition, includes “murder, forcible rape, armed robbery, and aggravated assault.”

Here’s the list:

1. Detroit, MI (W Chicago / Livernois Ave) Found within zip codes: 48204

02. Detroit, MI (Mack Ave / Helen St) Found within zip codes: 48207

03. Detroit, MI (Gratiot Ave / Rosemary) Found within zip codes: 48213, 48205

04. Chicago, IL (S Halsted St / W 77th St) Found within zip codes: 60620

05. Spartanburg, SC (Washington Heights) Found within zip codes: 29306

06. Houston, TX (Scott St / Wilmington St) Found within zip codes: 77051

07. Detroit, MI (Wyoming St / Orangelawn St) Found within zip codes: 48204

08. Greenville, SC (Woodside) Found within zip codes: 29611

09. Atlanta, GA (Hopkins St SE / Adair Ave SE) Found within zip codes: 30315

10. Saginaw, MI (E Holland Ave / E Genesee Ave) Found within zip codes: 48601

Read More

directed by 4sho Mag

directed by Ball Out Boy Films

This a 80-minute BMF or Black Mafia Family documentary explores the story of the 15-year investigation by the DEA, FBI and an elite drug task force called HIDTA that resulted in 41 defendants across the country being charged in one of the largest drug conspiracy cases ever.

Kid Rock pledges to provide affordable concert experience this summer, calls Justin Timberlake & Jay Z $225 ticket prices garbage.

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