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I don't think Detroit should be bailed out, but at the time I didn't think that Bear Stearns and Lehman should have been bailed out either...and look at what happened when we thought the market would survive their fall.
I'd have no issue with Motown not being bailed out, or like Lehman not surviving.
I can't stand it when people say Democrats killed Detroit. If you guys really believe that and are not just making inflammatory political statements, then perhaps the country is beyond repair. And it's the same people making those statements that keep remarkably quiet about farm subsidies, highway subsidies, mililtary spending, UNCHECKED BANK BAILOUTS, and other corporate welfare programs. Where are you people marching against our never-ending payoffs to Freddie and Fannie? Where were you in September 2008? This anti-union, anti-Democrat, and in general anti-Obama outrage is so retarded and meaningless.
Detroit is bankrupt because of a PLETHORA of reasons. Poorly made cars, an artificial middle class that could not realistically be sustained, a lack of competition for over THIRTY years, free trade and globalization, improved technologies, growing national fatigue with automobiles, horrific leadership, in particular with 40 years of truly dispicable anti-white mayors (not Bing), a lack of other industries, short-sighted complacency instead of innovating, innovating, innovating, a lack of personal responsibility by the inner city residents, high taxes and high crime, and a parasitic resentment between the city and suburbs are ALSO reasons for Detroit's bankruptcy. Don't blame a guy making $20+ hour to "screw in a lightbulb," or at least don't just blame him. The reasons are far more complex than that and this GLEE that Republicans have is damn near treasonous.
I don't think Detroit should be bailed out, but at the time I didn't think that Bear Stearns and Lehman should have been bailed out either...and look at what happened when we thought the market would survive their fall.
What party has been in power over the last 50 years in that city?
Two Detroit police sergeants arrested for armed robbery. They were wearing their badges and bullet proof jackets during the robbery. They were caught because a passing motorist took photos. Without the photos, it would have been another "armed robbery by fake cops" except they weren't fake.
Caring about personal and typically corruptly self-serving definitions of "liberty" before caring about physical effects on people that directly affect their life and health is reprehensible.
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