Is It Too Late To Save Detroit---Not If Liberals Democrats Are In Charge (unemployed, health care)

[MattOTAlex]

Originally Posted by gunlover

No the city should pay, and the city alone..

Um. The city alone paying for the debt is the same thing as retirees paying for it. There isn't a magic pot of money set aside for pensions.

[BMORE]

Originally Posted by lvoc

Bought out in terms of assuming the debt.

Let usw not kid ourselves. Detroit will be paid for.

The rational choice is that Michigan pick up the bill. But it is clear that he governor and legislature is against that.

The governor and friends wants the bill to be paid primarily by the retired employees of Detroit.

I am suggesting that the the local area would be a better choice...if Michigan as a whole is not available.

So you believe the right way to go at this is to let the Detroit retirees pay it?

Once again, what sense would that make? Forcing the other cities under water that are actually doing well makes no-sense. Michigan has no money itself, how exactly would it seize Detroit? The state already has sent in managers to cut everything and try to sell of the city, and while I don't agree with the state completely with what it's doing to the city, I believe this is the best the state can do itself.

[bobtn]

Open up an abandoned Detroit as a tourist exhibit..America's largest ghosttown.

[MattOTAlex]

Originally Posted by bobtn

Open up an abandoned Detroit as a tourist exhibit..America's largest ghosttown.

It already is. There are large swaths of the city that are abandoned, including having utility feeds intentionally cut.

[bobtn]

Originally Posted by MattOTAlex

It already is. There are large swaths of the city that are abandoned, including having utility feeds intentionally cut.

I know-I'm talking 100% now. Throwing more money at it will not change that future "totally gone" fate anyway.

That old song "Know when to hold em, know when to fold em". Its time to fold.

[gunlover]

Originally Posted by MattOTAlex

Um. The city alone paying for the debt is the same thing as retirees paying for it. There isn't a magic pot of money set aside for pensions.

your point?

[bobtn]

focus on cities going down the same reckless path and change their behavior. NOW, and change it 180 degrees.

But we should concede that for Detroit, it is simply too late.

[TheHurricaneKid]

Name those cities.

[Magnatomicflux]

And you propose to do what, exactly, with the 715,000 people still living within city limits?

[No_Recess]

Originally Posted by Magnatomicflux

And you propose to do what, exactly, with the 715,000 people still living within city limits?

Send them across the river to Windsor!

Get your couch ready...