Article

2013-08-03 Government

Democrats favor federal bailout of Motown. Public does not.

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Posted by Besoeker 2013-08-03 00:00|| || Front Page|| [8 views ] Top

#1 > REDDIT = [Alert24] FRENCH GOVT. FAVORS 75% TAX RATE.
> GUAM PDN = US ECONOMY MAY STILL REQUIRE CONTINUING SUPPORT FROM THE FED.

There are QES, and then there are QES.

Posted by JosephMendiola 2013-08-03 00:52|| 2013-08-03 00:52|| Front Page Top

#2 hell no

Posted by 3dc 2013-08-03 01:26|| 2013-08-03 01:26|| Front Page Top

#3 Since when what public wants matter?

Posted by g(r)omgoru 2013-08-03 01:28|| 2013-08-03 01:28|| Front Page Top

#4 Bailout NO! Buyout and reforestation... YES !

Posted by Besoeker 2013-08-03 03:47|| 2013-08-03 03:47|| Front Page Top

#5 Detroit should become a live set for the program Life Without People.

Posted by Alaska Paul 2013-08-03 04:03|| 2013-08-03 04:03|| Front Page Top

#6 AP, I thought it was.

Posted by AlanC 2013-08-03 08:06|| 2013-08-03 08:06|| Front Page Top

#7 Democrats favor federal bailout of Motown. Public does not.

Of course they do, more cash to pocket.

Posted by Redneck Jim 2013-08-03 08:08|| 2013-08-03 08:08|| Front Page Top

#8 Oh, the liberality!

Suppose they put Detroit back on its feet. Then what? Cars again? No.

Posted by gorb 2013-08-03 09:39|| 2013-08-03 09:39|| Front Page Top

#9 More opportunities for stealing and graft. It's their life blood.

Posted by Procopius2k 2013-08-03 09:41|| 2013-08-03 09:41|| Front Page Top

#10 Give it to Canada.

Posted by Penguin 2013-08-03 10:04|| 2013-08-03 10:04|| Front Page Top

#11 You'll notice that the politically connected bondholding classes almost never take a loss...

Posted by Bright Pebbles 2013-08-03 10:55|| 2013-08-03 10:55|| Front Page Top

#12 ..as the Big Bailout demonstrated, the best investment banks made in the '00s was in politicians.

Posted by Procopius2k 2013-08-03 11:29|| 2013-08-03 11:29|| Front Page Top

#13 Suppose they put Detroit back on its feet. Then what?

A most excellent question! Cities grow up where they do for a reason. At the start of the 1900s, there were dozens of little startup auto companies. The Great Lakes provided cheap and easy shipping for raw materials. Lots of tool & die shops, and parts manufacturers. Skilled, educated population. Lots of jobs from the auto industry and it's associated support companies. All gone now.

Now... the productive citizens have either been chased away or moved out of their own accord. Jobs are gone along with the auto industry; although the Detroit Metro region is still a center for technology and manufacturing, it's all in the suburbs. The remaining people are barely literate and have shown a distinct inability to govern themselves. Bad schools, crime and bad government. It could dry up and blow away without a noticeable economic impact on the rest of the state. The city will get smaller before it gets bigger.

Posted by SteveS 2013-08-03 18:58|| 2013-08-03 18:58|| Front Page Top

#14 "Give it to Canada."

Geez, Penguin. What'd Canada ever do to us?

Posted by Barbara 2013-08-03 19:21|| 2013-08-03 19:21|| Front Page Top

23:03 Pappy
22:41 Pappy
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20:19 USN, Ret.
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