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Old 07-18-2013, 03:33 PM
 
Location: San Diego California
6,797 posts, read 6,585,549 times
Reputation: 5180

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Detroit files for bankruptcy | The Detroit News

This is what happens when nonsensical idealism and reality come fase to face.
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Old 07-18-2013, 03:38 PM
 
1,474 posts, read 3,223,129 times
Reputation: 2068
This is what is going to happen across the nation ultimately and it isn't just democrats who did this. Any legislature that does not balance a budget dooms their city, county, state or even the nation. Voting for a democrat or a republican is like choosing between a cockroach and a maggot. Some choice when you open your lunch and find either one on your sandwich.
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Old 07-18-2013, 03:47 PM
 
Location: San Diego California
6,797 posts, read 6,585,549 times
Reputation: 5180
Quote:
Originally Posted by Ollie1946 View Post
This is what is going to happen across the nation ultimately and it isn't just democrats who did this. Any legislature that does not balance a budget dooms their city, county, state or even the nation. Voting for a democrat or a republican is like choosing between a cockroach and a maggot. Some choice when you open your lunch and find either one on your sandwich.
The reason I am picking on democrats is their propensity for climbing into bed with the public sector unions and the massive pension debts that have occurred as a result.
Of course you are really going to see some major hysteria from those public unions when the bankruptcy begins to cut into those pensions.
I cannot say I can muster much sympathy for them.
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Old 07-18-2013, 03:54 PM
 
Location: North Austin
217 posts, read 283,565 times
Reputation: 144
This city voted 98% for Obama. I think we can blame the Democrats on this one.
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Old 07-18-2013, 06:12 PM
 
7,005 posts, read 4,228,929 times
Reputation: 6696
Quote:
Originally Posted by Kosmonaut View Post
This city voted 98% for Obama. I think we can blame the Democrats on this one.
What about "this is what cities across the nation are facing" doesn't register?
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Old 07-18-2013, 06:29 PM
 
686 posts, read 1,000,535 times
Reputation: 285
Unbelievable debts for a medium sized city!

Someone has some explaining to do?

To clear debts, they will have to sell everything!
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Old 07-18-2013, 06:36 PM
 
Location: NJ
27,741 posts, read 32,970,922 times
Reputation: 19823
I believe another problem is that there are high taxes that can be avoided by living outside of the city. A city raises taxes to suck the money from the working group to give it to the parasite group. Ultimately, you have less and less of the working group in the city. I know this is whats happening in NYC and someone was talking about it with regard to Philadelphia recently.
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Old 07-19-2013, 03:30 AM
 
4,173 posts, read 3,120,598 times
Reputation: 2629
Someone should create a thread entitled "End Result of Republican Economic Policies" and feature Pennsylvania's economic woes.

Or one entitled ""End Result of Republican Educational Policies" and feature Texas educational woes.

On the other hand, those would just be inflammatory political threads and would be deleted, like this one should.
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Old 07-19-2013, 06:39 AM
 
1,474 posts, read 3,223,129 times
Reputation: 2068
Quote:
Originally Posted by CaptainNJ View Post
I believe another problem is that there are high taxes that can be avoided by living outside of the city. A city raises taxes to suck the money from the working group to give it to the parasite group. Ultimately, you have less and less of the working group in the city. I know this is whats happening in NYC and someone was talking about it with regard to Philadelphia recently.

Part of the challenge here is that cities have a way of taking over areas that used to be outside the city and for the explicit reason of gaining revenue. Our city and county combined into a single entity yet there is still a disparity between services but not taxes. Ours is a "progressive" city.
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Old 07-19-2013, 06:51 AM
 
4,173 posts, read 3,120,598 times
Reputation: 2629
If the cities fail economically, what happens to the outlying areas. How do you attract back industry, conventions, sports teams, the Olympics? What about the blight?

What about the people who commute into the cities to enjoy job opportunities? They may not be paying taxes in the city, but enjoying it's benefits. Are they parasites too? Or is this just a symbiotic relationship.

Points to ponder!
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