Posted on 07/19/2013 3:38:40 PM PDT by raptor22
Bankruptcy: The fundamental transformation of Detroit is complete, as socialism's theme park succumbs to government run amok, a reminder that government isn't the solution to our problems but their cause.
The wisdom of President Reagan's words have been lost under an administration that believes government is the entity from which all blessings flow. So has Margaret Thatcher's observation that the problem with socialism is that eventually you run out of other people's money.
Last Oct. 13, President Obama boasted in a weekly address about the bailed-out auto industry that, "We refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. I bet on American workers and American ingenuity, and three years later that bet is paying off in a big way."
Less than a year later, the American auto industry is indeed surviving, bolstered largely by a Ford that refused government assistance and foreign transplants located in right-to-work states. Even General Motors has been forced to pay the free market some lip service, lest its customers go elsewhere, even as it accepts Chevy Volt subsidies.
Detroit, however, is dead, and unions and government killed it. Michigan recently became a right-to-work state, but it was too late to save a city that had become beholden to unions. As the United Auto Workers helped destroy the auto industry in and around Detroit, it's no accident that Mercedes-Benz decided to build its flagship SUV in a shiny new facility in Vance, Ala.
(Excerpt) Read more at news.investors.com ...
I knew a guy that lived in a high-rise in downtown Detroit in the early 1990s.
He would hit golf balls (full swing) from his living room out the sliding glass doors over the rail (most of the time) into a city that was dead empty.
Similar to the scene in the movie “Fight Club” but from the 25 floor.
I first traveled to downtown Detroit on business in 1992 to visit a company (a tape duplicator) that was right next to the Ford HQ. I got off on the freeway and drove down the ramp and then to the company. I had never seen an American city so dilapidated and run down as I did that day.
Out here on the perimeter we stoned, immaculate.
Yep. Decades and decades of liberal governance and union thuggery
has killed a once active city.
What you call “Detroit” is really just the nose of a camel under the side of a tent.
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Thanks raptor22.
There’s nothing wrong with Motown that a few billion Baraqqqi/Bernanke/Lew minibucks won’t fix (at least until Nov 2016).
The reason predominantly black cities are going broke is because white cities are big meanies who don’t accept them.
The reason predominantly black cities are going broke is because white cities are big meanies who don’t accept them.
(Really - it has nothing to do with corruption, skim, or bad choices. /s)
Wheelbarrow City.
What kind of a fornicated-up haiku is that?
:)
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-PJ
The movie will begin in five moments
All those unseated will await the next show.
Ayn Rand very clearly outlined what MUST happen when the takers outnumber the producers -— the producers leave.
The productive citizens of Detroit have gone Galt.
Cue the King Kong Dirge.
The one and only time I was in Detroit was to visit a National Guard facility (for work purposes, circa 1995).
After leaving the interstate, we traversed a few dozen blocks of dilapidated houses with a couple of denizens out and about.
The Armory had serious fencing with concertina wire atop it. Across the street was a church that was probably very nice in 1937. It had a huge tree growing out of the broken stained glass window in front.
The whole thing was very creepy and I was glad we made the suburbs before nightfall.
Can only imagine what that area looks like today.
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