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ryoder

Detroit files for bankruptcy

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regulator

Personally I think its funny. Detroit has always been a shithole.



actually it used to be a great city only become a shithole in the past 20 or so years. At one time it was the fastest growing city in the world and was known as " The Paris of the West"

just sayin
You can't be drunk all day if you don't start early!

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Rick

***Personally I think its funny. Detroit has always been a shithole.



actually it used to be a great city only become a shithole in the past 20 or so years. At one time it was the fastest growing city in the world and was known as " The Paris of the West"

just sayin

I totally agree with you and the remnants are there. in the early 90's it was a complete dump compared to any decent city. But walking around you saw the ruins of a once great place. i remember the empty department store downtown, it was huge. the wide commercial streets and beautiful architecture. All fading and falling down even then.

Its the first American city to fad away into history. a modern day Ostia Antica, the old port of ancient Rome.
"The point is, I'm weird, but I never felt weird."
John Frusciante

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It is pretty sad. My family has been there for 3 generations. When I was born in 59' there were somewhere around 2 million people living in Detroit now it is somewhere around 700,00. google 'urban prairie" just sad
You can't be drunk all day if you don't start early!

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ryoder

***
actually it used to be a great city only become a shithole in the past 20 or so years.



Detroit has been losing population since 1950: http://en.wikipedia.org/wiki/Demographic_history_of_Detroit

true the city itself but many many people moved to the suburbs and still worked in the city. with the union factory jobs the middle class could afford bigger houses and nicer yards that were found in the suburbs

after the riots in the late 60's there was huge exodus to the suburbs also
You can't be drunk all day if you don't start early!

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Rick

***Personally I think its funny. Detroit has always been a shithole.



actually it used to be a great city only become a shithole in the past 20 or so years. At one time it was the fastest growing city in the world and was known as " The Paris of the West"

just sayin

http://www.youtube.com/watch?v=g09GtnWdBjc

From 1977. Been at least 35 years.


My wife is hotter than your wife.

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77 is when i graduated from high school joined the navy and GTFO of there.

went back briefly in 81 and found the job prospects were pretty slim and the weather still sucked

my brother still lives up there in the burbs drives inot the city every day to work and hates it

I was talking to him 1 day on his way home and asked him if he was stuck in traffic he says "the only rush hour in Detroit is everyone rushing to get out of town before dark"
You can't be drunk all day if you don't start early!

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ryoder

***

after the riots in the late 60's there was huge exodus to the suburbs also



Damn! I wasn't even aware of the riots: http://en.wikipedia.org/wiki/1967_Detroit_riotBlack day in July

Don
_____________________________________
Tolerance is the cost we must pay for our adventure in liberty. (Dworkin, 1996)
“Education is not filling a bucket, but lighting a fire.” (Yeats)

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Can't believe I never heard that song before . It was some crazy shit I remember a picture not sure if it was in the News or the Free Press of our neighbor from across the alley. he was a firefighter and the pic in the paper showed him and a couple other firemen hiding under their truck while taking rounds from someone on a rooftop. Guess they didn't want the fire put out.
You can't be drunk all day if you don't start early!

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lawrocket

[Reply]My bet is they get our money



Speaking of bets, recall this and I found it.

"We refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way." - President Obama, Oct. 2012

The best is paying off in a big way, is it?



Well to be fair to Obama, it was an election year...and thus he is entitled to speak a Lie here and there.

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GeorgiaDon

***All these liberal states and cities will fall like domino's.

You'd best hope not, as they are paying the way for the red states.

Don

I say: fuck it all, let each state pay its own way. If Michigan wants extensive "liberal" programs to keep Detroit from rioting, let them pay for it. If California wants tons of green technology, let them pay for it. If Arizona wants big walls and big guns at the border, let them pay for it.

Push everything we can back down to the state level. Dissolve as many federal programs as possible. Federal funds should be to build our roads, defend our borders, and... well, that's about it.

Elvisio "snowball's chance in hell" Rodriguez

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lawrocket

[Reply]Michigan is a net donor to Federal revenues.



So you're saying that if the feds took less money from Michigan then Detroit may be solvent? Your comments are very Ayn Randish - sponges sucking the life out of the producers.



No, putting words in my mouth doesn't work.

I'm simply rebutting daVinci's claim that GeorgiaDon 's post is incorrect.

Michigan (along with most blue states) is a net contributor to the nation's revenues, and most red states are spongers. There are, of course, exceptions.
...

The only sure way to survive a canopy collision is not to have one.

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skydiver30960

******All these liberal states and cities will fall like domino's.

You'd best hope not, as they are paying the way for the red states.

Don

I say: fuck it all, let each state pay its own way. If Michigan wants extensive "liberal" programs to keep Detroit from rioting, let them pay for it. If California wants tons of green technology, let them pay for it. If Arizona wants big walls and big guns at the border, let them pay for it.

Push everything we can back down to the state level. Dissolve as many federal programs as possible. Federal funds should be to build our roads, defend our borders, and... well, that's about it.

Elvisio "snowball's chance in hell" Rodriguez

You may want to check which states contribute, and which states suck at, the federal revenues.

On balance if every state paid its own way the blue states would get wealthier and the red states would get poorer.
...

The only sure way to survive a canopy collision is not to have one.

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kallend


You may want to check which states contribute, and which states suck at, the federal revenues.

On balance if every state paid its own way the blue states would get wealthier and the red states would get poorer.



Fine with me, the statement I made wasn't partisan at all. If the blue states have more money, so be it, and let them spend that money however their voters might choose. Same goes for the red states. If you find yourself in a state that doesn't spend your money the way you want it to, move to a state that does.

Elvisio "too simple to work" Rodriguez

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[Reply]Michigan (along with most blue states) is a net contributor to the nation's revenues, and most red states are spongers. There are, of course, exceptions.



So Michigan has unfairly hogged resources, as well as other blue States while Red States are left disadvantaged? Why not tax those states more heavily to even up the finances and make things more fair? Seriously - is it fair that some guy working on an auto line gets $42 per hour with health and retirement benefits while someone in Tennessee does not? I think they should send their money over to the other workers in order to provide some parity and fairness.


My wife is hotter than your wife.

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>So Michigan has unfairly hogged resources . . .

?? No. If they're sending out more money than they are getting in, they are doing the opposite of "hogging." They send $1 for every $0.92 they get, so they are "donating" 8 cents on the dollar.

> I think they should send their money over to the other workers in order to provide
>some parity and fairness.

They are. Their tax money goes from workers there to workers in Tennessee via the federal government.

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Looks like the bankruptcy has been ordered to be withdrawn by a state court judge, who determined that it violates the state constitution.

Yep. The issue of unfunded pensions in government. Take the money for that and use it for something else. Put paying for it down the road. We see it with government everywhere. California's unfunded pension liabilities are sickening. We're talking in excess of $350 billion in unfunded pension liabilities in Cali (Detroit has about $9 billion).

I'm interested to see what happens to Los Angeles ($25 billion underfunded) and San Francisco ($20 billion underfunded). I see a probability of bankruptcy filings for both of them within 5 years.

Promises made back when to be paid for later. The bills are coming due.


My wife is hotter than your wife.

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lawrocket

Looks like the bankruptcy has been ordered to be withdrawn by a state court judge, who determined that it violates the state constitution.

Yep. The issue of unfunded pensions in government. Take the money for that and use it for something else. Put paying for it down the road. We see it with government everywhere. California's unfunded pension liabilities are sickening. We're talking in excess of $350 billion in unfunded pension liabilities in Cali (Detroit has about $9 billion).

I'm interested to see what happens to Los Angeles ($25 billion underfunded) and San Francisco ($20 billion underfunded). I see a probability of bankruptcy filings for both of them within 5 years.

Promises made back when to be paid for later. The bills are coming due.



And all of the near term disasters about to happen have been under democratic control for decades

Surprised?
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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rushmc

***Looks like the bankruptcy has been ordered to be withdrawn by a state court judge, who determined that it violates the state constitution.

Yep. The issue of unfunded pensions in government. Take the money for that and use it for something else. Put paying for it down the road. We see it with government everywhere. California's unfunded pension liabilities are sickening. We're talking in excess of $350 billion in unfunded pension liabilities in Cali (Detroit has about $9 billion).

I'm interested to see what happens to Los Angeles ($25 billion underfunded) and San Francisco ($20 billion underfunded). I see a probability of bankruptcy filings for both of them within 5 years.

Promises made back when to be paid for later. The bills are coming due.



And all of the near term disasters about to happen have been under democratic control for decades

Surprised?

I think the point made within DZ.COM often is that conservatives are a bunch of Hay-Seed-Hick dumb asses and the Dems are the educated ones that know best on how to spend money, social engineering, education, govern the nation.....blablablablabla. If it weren't for all of us Southern Ass Holes with our hands held out, thumping our bibles and holding onto our guns things would be so much better.

My father told me the following quote, "To error is human, to blame someone else is more human."

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>I think the point made within DZ.COM often is that conservatives are a bunch of
>Hay-Seed-Hick dumb asses and the Dems are the educated ones that know best on
>how to spend money

Hmm. And here I thought republicans were the hard-working backbone of america who gave and gave until they had nothing more to give, and democrats were the out-of-work drug using welfare queens who just keep voting for free Obamaphones and big screen welfare TV's.

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I remember being a kid. California was the model of a well run, efficient state with great ease of business.

If I can point to the moment when I think things changed, it was 1979. The Dills Act. Signed into law by then Gov. (And now Gov) Jerry Brown. Interestingly, Gov. Brown now gets to try to deal with it.

He hasn't. He's now talking about having a budget surplus. This because he's not putting money into the pensions.


Note: check out the problems with the Post Office. The budget issues they have. The reason is because Congress required them to fund the the pensions and retirement benefits so that the mandate is funded. The USPS and the unions don't like it - they want to "pay as you go" so they can have more discretionary money to spend on wage increases, etc.

The USPS is, of course, an example of what is needed for all of these programs. Hurt now or hurt more later.


My wife is hotter than your wife.

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