In My Native City Of Detroit, Atlas Has At Long Last Shrugged - Forbes

Posted by sdesapio 12 years, 10 months ago to Economics
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"I’m sad. Detroit is my native city. It’s decline from being arguably the world’s richest city to being America’s “first Third Word city” is tragic, politically criminal, and a warning to other Americans."


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  • Posted by Rocky_Road 12 years, 10 months ago
    There is a common historical theme here: the total failure of social engineering...a mainstay of liberals and Progressives.

    Laissez-faire is an economical term, but has application in social, and political, arenas. The more we try to 'mold' the world to our perceived perfection, the more we fail.

    I submit that most of us here, are on the right of history....
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  • Posted by Rocky_Road 12 years, 10 months ago in reply to this comment.
    There was a black mayor for two decades, named Coleman Young, that literally tried to make Detroit a black enclave:

    "So he declared war on what he called the hostile suburbs of Detroit. There were calls after the riots for gun control. He said no way, we're not having any. I want my people fully armed in this city. So he nixed any gun control on the grounds that it would be dangerous to disarm his people in the face of this white KKK lurking beyond Eight Mile Road. So this ended up discouraging any type of investment in the city, and that investment which did happen had to go through his office. Any investment, growth, whatever, in the city did not happen unless it first went through his office. He turned the police force into his militia. And what he did was set out to create a black city state south of Eight Mile Road. And he called what he was doing the rebellion.

    He called the former white administrations occupying powers. The black population of Detroit's eating this up, folks. Gotta understand, they loved it. They absolutely loved Coleman Young. This was a guy who was at war with the former white leadership of Detroit that had fled the city after the riots and went to the suburbs and he is calling them the KKK lurking beyond Eight Mile occupying powers. He even erected a statue in honor of Joe Louis, with a giant black fist right at the freeway entrance to downtown Detroit.

    Anyway, this went on for 20 years. There were 20 years of municipal black nationalism and ideological separatism. And by the time he left, the city was in a shambles."

    http://www.rushlimbaugh.com/daily/2013/0......
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  • Posted by DragonLady 12 years, 10 months ago in reply to this comment.
    May see you sooner than expected, "Rev" Sharpton is due in town in a few days for a month or so. Ugh!!!!!
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  • Posted by iroseland 12 years, 10 months ago in reply to this comment.
    Chicago can coast for a while on the coat tails and shoulders of the folks who are still working there. Milwaukee on the other hand is rapidly turning into Detroit II, or NewDetroit. The worst part in Milwaukee is that folks seem to be looking forward to it. In the meantime, Ill meet you in Texas.
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  • Posted by DragonLady 12 years, 10 months ago in reply to this comment.
    GREAT solution!!! That might solve the problem of both Rahm and the POTUS!!! of course we'd have to use a ramrod to ram Rahm....
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  • Posted by DragonLady 12 years, 10 months ago in reply to this comment.
    Good idea, the lake is misbehaving today, so the 8 foot waves along the shore would pull him in and the rip currents would take care of the rest :-)
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  • Posted by DragonLady 12 years, 10 months ago in reply to this comment.
    Michigan has been a Right to Work state since 2012, I believe. Guess it was too little too late for Detroit.
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  • Posted by Rocky_Road 12 years, 10 months ago
    Charles Krauthammer says to a liberal that blamed this on the GOP:

    “Sally, Detroit is not really an example of the failure of GOP economic policy. It’s been run by the Democrats for 60 years, and you can cite all the studies about how bad austerity is, all you have to do is look at Detroit and you get an idea of how bad the absence of austerity is, it’s a city in ruin,” Krauthammer said.

    “I think that the reason that the administration is hesitant to even talk about a bailout is that it understands that Detroit is a precedent,” he continued. “The minute you step into a bailout in Detroit, you’re going to get every city in the country lining up with a tin cup. And that’s why even this administration, even this administration is going to hold back from doing this.”

    Watch hm here: http://www.theblaze.com/stories/2013/07/...
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  • Posted by Spinkane 12 years, 10 months ago
    What could be more perfect than a politician promising the unions gross retirement benefits if they get him elected? He’ll be out of office when the payoff comes and the taxpayer isn’t at the bargaining table just left holding the bill.
    San Bernardino went bankrupt last year and their liability to only police and firemen (retired and active) is 75% of the city’s budget. On a brighter note, I asked a college intern today if she read Atlas Shrugged, she said no but someone else had recently asked her the same question.
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  • Posted by DragonLady 12 years, 10 months ago in reply to this comment.
    Detroit is a huge union town (think UAW). The unions have played a large part in creating the Rust Belt.
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  • Posted by DragonLady 12 years, 10 months ago in reply to this comment.
    Living in Illinois requires a sense of humor...if you don't laugh, you cry. Any ideas as to where we could ship Rahm?
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