[reaganaut1]

No! But watch out, I would not be surprised if the Rats in the White House and elsewhere try to pull something. Other Rat-run cities such as Los Angeles and Chicago are also headed for bankruptcy.

[jocon307]

Thanks for posting this. Rattner is a moron, but the comments over at the Times site were pretty good. Either they’ve been invaded by a horde of right wingers or even their liberal readers are in no mood to bail out Detroit.

[mikrofon]

America is just as much about aiding those less fortunate as it is about personal responsibility. Government does this in so many ways; why shouldn’t it help Detroit rebuild itself?

Perfectly capsulizing the Liberal viewpoint and "logic" ... more of the same Rx that got you there in the first place.

[Let's Roll]

The larges employers in Detroit were the city and the school district - govt entities with pension and benefit plans they never should have promised.

So what did the govt unions in Detroit do - they doubled down in spite of warnings that they were heading for big time trouble. No way were the union bosses going to give up their lavish lifestyles.

So now from the rest of us, it’s not NO but h*ll NO.

[Wuli]

“While logical, the potential for downsizing Detroit is limited because the city’s population didn’t flee from just one neighborhood; the departures were scattered, requiring Detroit to deliver services across a geographic area the size of Philadelphia, with less than half the population. Further cuts will surely come, but in some key areas, like public safety and blight removal, Detroit needs to spend more, not less.”

The scale of blight removal and overall “downsizing” needed in Detroit will require possible one-off extraordinary use of eminent domain granted by the state, and innovative financing solutions and partnerships with private developers and private investors.

Whole blocks, and in sum whole neighborhoods, will need to be turned into whole empty or ready-to-be-emptied blocks that could be sold as complete tracks for development.

The money to do that - if it is at all possible - will have to come from the private developers and investors (and/or their banks) with whom the city could partner - block by block, or neighborhood by neighborhood.

One thing the city could do to start that process would be to scrap its zoning ordances, forget any utopian “master plan” and let nothing but the willingness of a buyer, for whatever purpose, start getting city properties back into productive hands.

[Rockingham]

Trying to “save Detroit” now would be like trying to save a heroin addict who refuses to enter detox but insists on you helping him to score another fix and give him some money. Detroit has not hit bottom yet and must do so in order that its corrupt elite and obdurate employee unions and electorate embrace the reforms necessary for the city’s recovery.

[mrsmel]

700,000 remaining residents of the Motor City are no more responsible for Detroit’s problems...

Well, I suppose all those white oppressors who fled so that they could no longer oppress the poor blaxk oppressed victims, are to blame.

When you're white, you can't win for losing. If you live near the blacks, you're oppressing them. If you leave, when the inevitable disintegration of a city or country occurs, you're to blame for leaving.

It seems that what blacks want is for whites to all die off, but will all their money and assetts to blacks before we kick the bucket. They ignore history by overlooking the fact that even when whites leave them a perfectly functioning town or country, they destroy it. Detroit, Zimbabwe, South Africa, Haiti, Memphis, Birmingham, Indianapolis, etc etc etc-it's the same all over the world. Could this pattern be trying to tell us something about blacks capabilities and IQ, or the lack thereof? Their lack of future time orientation, and impulse control? Their propensity to violence? If I were an alien from another planet and I saw this pattern repeated wherever a region is given over to black rule, logic would dictate that the pattern must indicate these characteristics.

[Sgt_Schultze]

Is this the same Steve Rattner who paid NY a $10 million settlement in a pension fraud lawsuit? Maybe his fingerprints are on some of the deals about to unwind in Detroit - and he’s afraid.

[Mr Ramsbotham]

At some point you realize that the patient is deceased. At which time you pull the plug and call the undertaker.

[RKBA Democrat]

How do you “save” something that has already been destroyed?

[Zeppo]

We Have to Step In and Save Detroit

What do you mean 'we', Kemosabe?

[BenLurkin]

“We” my little brown eye!

[Rocky]

We Have to Step In and Save Detroit

No... we... don't.

[Shamrock-DW]

The people of New York didn’t vote for Hurricane Sandy. Detroit residents voted for the scum, and rejoiced in them, that ran the city into the ground. They got what they wanted, now let them stew in their own cesspool.

[1010RD]

No one likes bailouts or the prospect of rewarding Detroit’s historic fiscal mismanagement.

That's all he had to write. This is the purpose of bankruptcy. Clear the decks from all the mismanagement.

[Kozak]

What you mean “we” kimosabi....

[RetiredArmy]

Screw Detroit. It is rotting to the ground. Burn the rest of the garbage and pave it for a Walmart parking lot.

[Gabrial]

Really? All those bullets killing people must be falling out of the sky. All the crime must be being done by people in other states coming into Detroit to wreaking havoc. All those people on welfare really want to work and improve the city but they are being held back.

Total liberal bull excrement.

[Kozak]

But apart from voting in elections, the 700,000 remaining residents of the Motor City are no more responsible for Detroit’s problems than were the victims of Hurricane Sandy for theirs, and eventually Congress decided to help them.

Wow. Everybody is a victim...

[GenXteacher]

There is no saving Detroit. Aboveground nuclear tests are about the only logical thing left to do.

[BillT]

“apart from voting in elections, the 700,000 remaining residents of the Motor City are no more responsible for Detroit’s problems”...

So, then who elected these left wing financially irresponsible idiots over then last 40 years or so?