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Economy
Detroit in Dire Straits, Sorry Clint - A City has got to know it's limitations.
2012-03-20
Posted by:GolfBravoUSMC

#9  "GREAT LAKES FTZ" FEARLESS LEADER JOHN KERRY

versus

CA GOVERNOR JERRY BROWN ...

in

* CHINA DAILY FORUM > STOCKTON'S [CA] POOR MIRED IN VIOLENCE [+ high Poverty] AFTER POLICE CUTS, RECESSION.

Iff the Arabs-Muslims buy Detroit = Michigan, will the Chinese wanna buy Stockton = Cities, State of Californey???

LEFT-BELOVED "SANCTUARY CITIES" = ANTI-US/WASHINGTON DC, NORTH AMERIKAN SOVEREIGN CITY-STATES, the United Socialist Republiks of North Amerika???
Posted by: JosephMendiola   2012-03-20 22:28  

#8  D *** NG IT, DID THE NORTH KOREANS INVADE BUT NO BODY KNEW???

Yokay, I'll bite, I thought "Da Plan" as preferred was to let the Saudis or other Coalition buy the City + turn it into a Shining Beacon/Burd of glorious righteous, post-Modern Muslim, Corporate Middle East-ness in midwest America???

Espec vee the proposed GREAT LAKES FTZ = EEZ-SEZ???
Posted by: JosephMendiola   2012-03-20 20:14  

#7  I keep wondering how the guy in Hardcore Pawn (on Court TV) survives - you have to take in more than you pay out to make a profit. Somebody up there has some money.

(No, I don't watch it - checked it out but there's too much yelling.)
Posted by: Barbara   2012-03-20 18:51  

#6  Step 1: get rid of the current voters who created this mess.

The smart ones are already gone. In 1950 (post WWII), population of Detroit proper was ~1.8 million. By 1980, after The Great Society and a few riots, population was down to 1.2 million; today, about 700,000. Said another way, half a million people have bailed in a few decades.

Interestingly, one of the arguments against some sort of state manager running the place is that this would disenfranchise voters and make the city into a 'plantation'. Personally, I see it as appointing a court-ordered guardian for someone who is mentally unable to handle their affairs.
Posted by: SteveS   2012-03-20 17:57  

#5  This is a tough one in some ways. The people have created this mess by electing those that taxed and spent the city into bankruptcy and ruin.

If you have someone take it over, they need receivership powers to make changes, which is basically a limited dictatorship.

If the citizens and voters don't like that, then I see no alternative but to let it go and fail. Once one runs the show to solve the problem, then it becomes one's problem and the citizens are off the hook.

In an ugly but effective way, this needs to be a lesson for everyone in the country in responsibility. Detroit will start changing or it will go extinct.
Posted by: Alaska Paul   2012-03-20 17:36  

#4  Step 1: get rid of the current voters who created this mess.

Possibly under way - they've already gotten rid of the productive ones.
Posted by: OldSpook   2012-03-20 16:35  

#3  Money for nothing, and the chicks for free.
Posted by: Glenmore   2012-03-20 13:05  

#2  Its going to take a sea change in politics and a change in thinking about Detroit to ever resurrect it. It could be done but I don't think it will happen.
Posted by: JohnQC   2012-03-20 12:30  

#1  Â“Something has to happen. I think what everybody agrees is that the status quo is not sustainable. The city is out of money,”

Yes, it's called a ghost town.
Posted by: Besoeker   2012-03-20 12:05  

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