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If Detroit's Not Too Big To Fail... Neither Are Other Big American Cities
The American ^ | 05/23/2014 | By Alex J. Pollock

Posted on 05/23/2014 7:55:55 AM PDT by SeekAndFind

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1 posted on 05/23/2014 7:55:55 AM PDT by SeekAndFind
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To: SeekAndFind

America itself runs a massive trade deficit with China.

440 billion imports to America from China.

122 billion exports to China from America.

(last year)

This is not limited to cities. America itself needs to bring back jobs.

Jobs.


2 posted on 05/23/2014 7:57:45 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: SeekAndFind

Chicago will get a bailout.

They have too much pull, and know where all of the bodies are buried.


3 posted on 05/23/2014 8:01:12 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

New York City’s bailout is inevitable with that commie in charge.


4 posted on 05/23/2014 8:04:14 AM PDT by dfwgator
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To: SeekAndFind
Detroit is a tiny little smudge of red ink compared to the oceans of red ink other cities want to unleash on us.

Exclusive: Too big-to-fail pension insurer agrees to liquidation trust in ResCap NY bankruptcy
5 posted on 05/23/2014 8:05:20 AM PDT by cripplecreek (Remember the River Raisin.)
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To: Cringing Negativism Network
The demographics, discussed, are not primarily related to loss of jobs; rather they reflect the inevitable consequence of the social chaos spawned by Leftist social engineering.

Let me make one other point. New York City now has a Mayor who is clearly to the Left of most of the politicians who (via Federal, State & Local wars on reality) brought about the demographic changes, recorded above. Any predictions on what is going to follow?

William Flax

6 posted on 05/23/2014 8:06:09 AM PDT by Ohioan
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To: dfwgator

Was typing my #6, while you were posting.


7 posted on 05/23/2014 8:08:30 AM PDT by Ohioan
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To: Ohioan

Detroit’s collapse has been about a massive loss of jobs.

What will happen if we continue to send American jobs to other countries, is we will see Detroit expand and eventually take over the country.

America needs to bring back jobs.

When one city (such as Detroit) lost jobs to say, Texas this is overall a very good change.

When one American city loses jobs to Malaysia, or to China, the jobs vanish.

America needs jobs.

We really need to stop importing everything.


8 posted on 05/23/2014 8:09:27 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: SeekAndFind

The generous people of Michigan, through their state legislators, are getting ready to give the retired city employees of Detroit $194,000,000 to thank them for voting Democrat.

Bankruptcy is only a word if you can get everyone else to pay for your wasteful, foolish spending.

Sue the Democrat Party. They caused this and they have lots of money.


9 posted on 05/23/2014 8:19:13 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Cringing Negativism Network
Detroit's social disintegration started while the auto industry was still relatively healthy. By 1962, the first time I drove around in Detroit, there were already large areas of the City, just outside the very core, which looked like bombed out war zones. Still in the 1960s, it had a Police Department, which was corrupted by faux "liberal" social theories; and the affluent citizens were on the way out in large numbers.

William Flax

10 posted on 05/23/2014 8:21:02 AM PDT by Ohioan
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To: SeekAndFind

Can’t we just pay Canada to take it?


11 posted on 05/23/2014 8:21:31 AM PDT by csmusaret (Will remove Obama-Biden bumperstickers for $10)
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To: Ohioan

That may be, there are always cities growing and other cities shrinking.

What I am referring to, are much bigger however.

America itself is shrinking now.

We need to bring back jobs to America.


12 posted on 05/23/2014 8:30:17 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: SeekAndFind

Absolutely. Detroit isn’t special.
Let ‘em all go.


13 posted on 05/23/2014 8:31:07 AM PDT by Little Ray (How did I end up in this hand-basket, and why is it getting so hot?)
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To: dfwgator

Since Obama became president we’ve dumped billions into Chicago through various means.

In 2009 Obama appointed Chicago crony Cameron Davis to position of Great Lakes czar and gave him $20 billion to work with. It doesn’t appear that Davis has done anything since aside from act as a special advisor to the EPA.

I used to think of conservatives as far better informed than liberals but these days I doubt it. We’re standing on the railroad tracks watching the squeaky handcart of Detroit rolling down the track and don’t notice the locomotive bearing down on us from behind.


14 posted on 05/23/2014 8:31:26 AM PDT by cripplecreek (Remember the River Raisin.)
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To: SeekAndFind

That’s RIGHT!I was against George bush’s”Bail-Outs”,and I’m STILL Against”Bail-Outs”!Let them file for Chapter 7(or 11)and get their ACT TOGETHER!!!!!!!!!!!!!!!!!!!!!!!!!!!


15 posted on 05/23/2014 8:39:23 AM PDT by bandleader
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To: SeekAndFind

The big difference with Detroit is that it almost 90% black. It would be racist not to bail them out.


16 posted on 05/23/2014 8:44:25 AM PDT by caver (Obama: Home of the Whopper)
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To: Cringing Negativism Network
Nations have survived hard times; but not social chaos. (Not that the loss of jobs is not related to the social chaos, which obviously raises the cost of producing--and thus hiring--in the United States.)

The loss of a common identity; of social cohesion; magnifies all other problems; makes it infinitely more difficult to even ameliorate other problems.

Detroit went down further than more Conservative cities, precisely because of its being the victim of egalitarian/collectivist values (i.e., the philosophic underpinning of Communist values).

This was all predictable--completely predictable. To understand the general effect of the earlier agitation, to which I refer, see The Greatest Mischief Ever Wrought.

Or, to approach the questions from a positive direction; that is, to understand why America prospered so greatly before the Leftist policies (social engineering, etc.) brought about the present problems, consider America-- Grounded On Experience & Reason.

William Flax

17 posted on 05/23/2014 8:44:26 AM PDT by Ohioan
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To: SeekAndFind

Add Sacramento to the list. Sacramento’s corrupt city council and its corrupt mayor Kevin Johnson just voted to give $350 million to a bunch of billionires so those bilionaires can make millions off of a new sports arena. The losing Sacramento Kings will move to an arena that will be built in downtown Sacramento.

That means when 18,000 fans flush a toilet all of their sewage will go into a downtown sewage system that’s built of brick and is all over a century old. A corrupt Democrat in the State Senate, Darrell Steinberg, passed a law that exempts the arena from environmental laws that would otherwise require the city of Sacramento to spend $1.5 billion to maybe as much as $2 billion to improve sewage, surface streets, and nearby freeway access.

And the lawsuits have already been filed to make the city comply with existing environmental laws.

If the city is forced to comply with those laws after the arena construction starts then look for Sacrameto to file bankruptcy, too.


18 posted on 05/23/2014 8:48:14 AM PDT by MeganC (Never attribute to malice that which is adequately explained by stupidity.)
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To: SeekAndFind

Bail outs keeps socialism alive and well it’s why the democrats love it.


19 posted on 05/23/2014 9:20:05 AM PDT by Vaduz
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To: Ohioan
"etroit's social disintegration started while the auto industry was still relatively healthy. By 1962, the first time I drove around in Detroit, there were already large areas of the City, just outside the very core, which looked like bombed out war zones. "

The efficacy of a City is often determined on whether or not the law is enforced, and whether law-abiding citizens want to live there.

Liberals don't seem to understand that.

20 posted on 05/23/2014 10:32:55 AM PDT by Mariner (War Criminal #18)
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