No Comments On Detroit,MI Bankruptcy?
- Thread starter whitedust
- Start date
polarisrider1
New member
Bring in the bulldozers. May as well include Flint, Saginaw and Benton Harbor.
I had not heard that very funny tho still no way debt will be paid no matter what a judge says.lol Population of Detroit down to 700k & falling not a major city best thing to do is bulldoze downsize then rebuild when & if it happens in long term future. Really no other choice that will work.Don't know maybe the Feds can help with public worker pensions. In your 60s & pension gone bye bye is crazy if not impossible.....very sad for them.
polarisrider1
New member
Could you imagine the job creation in demolition of the crap stuff in Detroit alone, They could fill in the Detroit river with all of it, and put in a lock for ship traffic. Lake levels will go up and a big new Citizen paid for bridge could be avoided. The government could do this with the money they give our "bought friends" of other lands.
POLARISDAN
New member
yea ez, right on the head, 100B in unfunded pensions in ILL..Government 15 trillion upside down, nothing but running DEFICITS AND DEBT so the freakin politicians keep getting richer while us chumbolones keep paying the tab..i hear there's a REVOLUTION COMING!!!!!!
Not surprising, last time I was in town there were brick buildings crumbling onto sidewalks with the bricks spilling over the curb onto the streets, about every fifth house or so boarded up tight and lots of those have been gutted by fire. In my years in the trucking biz, went from hauling tons of Ford loads out of motor city to hauling donated food into food banks within the metro area, and the food banks consist mostly of closed up factories. Has a feeling of a foreign war torn country than that of the USA.
polarisrider1
New member
So your saying it looks like Gary, Ind.?
anonomoose
New member
Detroit needs to be carved up into sections and given to each of the surrounding areas. Easte Point, right on around to Trenton. Each of those communities can collect taxes, and provide utilities and police and fire protection.
Detroit should be shrunk down to a 2 square mile area around the Ren Cen. I think that they should be able to handle that area without going broke, if they stop electing crooks to run the city. If Kwame got out of jail, they would elect him all over again anyway.
The judge that stopped the bankruptcy was just trying to ensure that he gets re-elected, as the process will go forward when the feds get involved in this. Then watch other big cities jump on the wagon to shed themselves of legacy costs.
Detroit should be shrunk down to a 2 square mile area around the Ren Cen. I think that they should be able to handle that area without going broke, if they stop electing crooks to run the city. If Kwame got out of jail, they would elect him all over again anyway.
The judge that stopped the bankruptcy was just trying to ensure that he gets re-elected, as the process will go forward when the feds get involved in this. Then watch other big cities jump on the wagon to shed themselves of legacy costs.
Last edited:
The public worker pensions are the reason Detroit is bankrupt.
I suppose it has nothing to do with the crooked administrations that had been in power since the 70's?
In M4me's defence, he did make reference to that, but it had a strong political slant to it, so it got edited.
-John
Like Chicago , Detroit raided those pension funds to spend elsewhere & were forced to borrow to cover the shortfall & got on the treadmill to failure. Bad management same thing the Feds did with SS over the years.
John, thanks for the clarification. My apologies to M4me.