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It was an ingrained culture of immaturity. Left wing gov't at its most radical.
You're off your rocker if you think that it was only the left wingers that brought Detroit down, but think whatever you want.
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Now its time for sane America to make some popcorn and enjoy the movie of this well-earned demise. Detroit's failure will no doubt enlighten many cities to right-size their budget.
Again, blaming political parties is nothing more than a waste of time. You can sit back with your popcorn all you want, but nobody cares if you get fat off all your popcorn.
In this case, Michigan is responsible to honor those pensions that were agreed upon. It is also Michigan's responsibility if they wish to turn their largest city back into an income producing city. Right or left politics have nothing to do with this because it is about much more core levels of corrections that is needed that neither party can claim as their own.
I have no plans of ever living in Detroit, but I do hope the people of Detroit and Michigan can come together to breathe new life into their own city.
Why would the state of michigan be responsible for big bloated pensions when city leaders created them? Why should lower income types have to go on working until over 70 so detroit fat cats can retire at 50 and have lavish pensions? Just cut the pensions to what the little people get with social security, that should save tons of money.
Correct, but that really cuts to the crux of the dispute: Republicans and other right-wingers don't recognize the obligation for societies to act honorably toward anyone (other than themselves, perhaps). Repeatedly, since the Detroit bankruptcy became a common topic of conversation, I've seen or heard right-wingers demonstrate that gap in their character, asking (for example) why should anyone (even the State of Michigan) be obligated to lift one finger to mitigate the suffering that bankruptcy will inflict on those living in Detroit - many of whom are effectively stuck there due to lack of resources to relocate, and such. I've seen or heard from right-winger myriad other scurrilous excuses and rationalizations for the promotion of brutal, callous and uncaring attitudes toward Detroit, its inhabitants, and those to whom the city has obligations.
People also have to remember that it was a right wing emergency mayor that is trying to get out of what was agreed upon. It is one thing to change current policies and up coming contracts, but it is a very dishonorable thing to do.
Why would the state of michigan be responsible for big bloated pensions when city leaders created them? Why should lower income types have to go on working until over 70 so detroit fat cats can retire at 50 and have lavish pensions? Just cut the pensions to what the little people get with social security, that should save tons of money.
If you have to ask that question, then you don't understand how cities and states work. Michigan isn't responsible for cities outside of its state, but it is responsible for everything within its state. This goes for all states.
So yes, Detroit is Michigan's problem to deal with and they can choose to ignore it and let their largest city crumble or they can deal with the issues at hand and try to turn Detroit back into a thriving tax base for the state.
If you have to ask that question, then you don't understand how cities and states work. Michigan isn't responsible for cities outside of its state, but it is responsible for everything within its state. This goes for all states.
So yes, Detroit is Michigan's problem to deal with and they can choose to ignore it and let their largest city crumble or they can deal with the issues at hand and try to turn Detroit back into a thriving tax base for the state.
Detroit will not become a thriving tax base for the state for years-if ever.
When you allow unions to take over a city with bloated pensions and only one industry-it was bound to happen.
Just look at Pittsburgh-they were on the verge of bankruptcy-but they changed...Detroit did not or refused to.
The nation has changed since the last ghost town came about. And even ignoring that, there was never a ghost town that had 700k people living there when it was left to the elements.
What does the size of the town matter? Small towns all across the Midwest that once thrived are shadows of their former glory and no one is calling to save them! Are 700k in Detroit better or more valued then the people in Orchard or Mitchell Iowa populations 71 and 138 respectively?
If you have to ask that question, then you don't understand how cities and states work. Michigan isn't responsible for cities outside of its state, but it is responsible for everything within its state. This goes for all states.
So yes, Detroit is Michigan's problem to deal with and they can choose to ignore it and let their largest city crumble or they can deal with the issues at hand and try to turn Detroit back into a thriving tax base for the state.
So you are saying people in responsible smaller cities and tiny towns who work into their 70s and scrimp by on much less must give up all they have so the fat cats can retire at 50 and live high on the hog for another 40 or 50 years.
In this case, Michigan is responsible to honor those pensions that were agreed upon. .
Until the court rightsizes them. Retirees are just another creditor. $22 bill owed, $4 bill assets = the vast majority own next to worthless paper only claims.
No sacred cows amongst creditors.
Ask Alabama where a town's pension went dry and their pensions are not being honored.
So you are saying people in responsible smaller cities and tiny towns who work into their 70s and scrimp by on much less must give up all they have so the fat cats can retire at 50 and live high on the hog for another 40 or 50 years.
What Fat cats are you talking about? The AFSCME, AFL-CIO guys who clean streets or put tires on caddy's and retire at 50 or the Mayors and CEO's who take the big bonus and punch out ???
Until the court rightsizes them. Retirees are just another creditor. $22 bill owed, $4 bill assets = the vast majority own next to worthless paper only claims.
No sacred cows amongst creditors.
Ask Alabama where a town's pension went dry and their pensions are not being honored.
Incorrect there is a definite order in bankruptsy of bondholders and pensions are not at the top. In this unlike the force bankrupsy of GM and Chrylser the pension is not at the top. they will face the same as others and this can take years to even get done.
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