Posted on 09/17/2013 3:27:32 PM PDT by markomalley
The free press building sold for a little over $4 million a couple weeks ago and the David Scott building sold for nearly $9 million last week.
Big money is investing heavily in Detroit but the real economic drivers are the small businesses which still face too high a mountain.
Bump.
I wonder why they aren’t forcing the inner city Democrat voters to pay their property taxes?
Detroit’s “Operation Compliance”
The city is cracking down on small-business owners in terms of zoning, permitting, etc.
Shutting down many, many small businesses:
http://www.youtube.com/watch?v=-NMHArXwjHM
Detroit seems like it appraises properties much higher than their actual value
That same damn Romney 47%
The initial decline began with the race riots in 1967 and then accelerated during Coleman Young's term. He did not let any white businesses open within the city limits of Detroit. As a consequence the white business owners moved to the suburbs and took their businesses and jobs with them. They were not replaced by any new black or any other color businesses. And it all left a hole that could only spell decay and decline.
Them democrats are such geniuses.
Because they look like Obama?
That 47% seems to be a universal number when it comes to taxes.
Drug dealing and prostitution are businesses.
47% seems to be just as ubiquitous as Pi or the Golden Ratio.
That 47% seems to be a universal number when it comes to taxes
Philly has the same % but their number is $500 million unpaid
Raze the abandoned houses and put the land into growing corn and soybeans. As farmland it would be far more valuable than vacant and unsalable house lots.
What to do with all that scrap lumber from the teardown of the abandoned housing and industrial base? Not into a landfill, but into a power generation system that uses something called Plasma Trash Reduction, and as a byproduct, generates electricity on the spot.
www.theplasmasolution.com/index2.html
(cut and paste)
This is “green energy” on steroids, and one technology that actually lives up to its hype. At one swoop, highly toxic industrial waste is neutralized, otherwise irrecoverable resources are freed up, vast quantities of trash that would otherwise end up in a landfill are put to productive use, and the co-generation of power from both the syngas produced from the process and capturing the heat energy for additional power generation make the system self-sustaining, so long as the feed of trash as “fuel” proceeds on an adequate supply basis. Existing landfills and “brownfields” are stripped of soil pollution potential. A side product is the formation of a silica “slag”, a form of igneous stone that may be crushed to aggregate, or formed into building material. Depending on the nature of the trash put through the process, this slag may also be a valuable ore for reclaimed metallic elements, as the various elements tend to crystallize out in different strata within the slag, making the concentration much more uniform than found in typical mined ores.
A whole new industrial complex may be built on the ruins of the former industrial complex. And the landscape will be transformed into one of reclaimed utility for multiple non-industrial purposes.
His son currently infects the state senate. His most recent bill.
Senate Bill 474: Impose new regulations on “petroleum coke”
Introduced by Sen. Coleman Young (D) on September 10, 2013, to impose new regulations on the storage of “petroleum coke” (“pet coke”). This is related to a Marathon Oil refinery expansion in Detroit.
How did Detroit go bankrupt?
“Two ways,” Mike said. “Gradually and then suddenly.”
And your point is what?
Much inner city income is “off the books” if you know what I mean.
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