Detroit morally and fiscally bankrupt - Galt's Gulch

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Detroit morally and fiscally bankrupt

Posted by Non_mooching_artist 10 years, 6 months ago to Economics

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Yes, captain obvious post, but quite true regardless.

SOURCE URL: http://patriotupdate.com/articles/detroit-financially-bankrupt-morally-bankrupt/

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Posted by richrobinson 10 years, 6 months ago

Good find Mooch. Often when it comes to government we have to state the obvious. Then we have to sit back and allow the obvious to happen. Detroit is out of options. I think if Obama was going to put a bailout band-aid on Detroit he would have done so by now. They have to change the way they do things.

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  Posted by Non_mooching_artist 10 years, 6 months ago
  
  But he did give them $350,000,000. Which is OUR money that he used for that cesspool. I didn't authorize that MY MONEY get used for that purpose. Because I would have vetoed that usage.
  
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    Posted by richrobinson 10 years, 6 months ago
    
    Its monopoly money at this point. I have joked about Detroit for a while but it is sad to see one of our iconic cities deteriorate like this.
    
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Posted by LetsShrug 10 years, 6 months ago

Oh Maph is gonna run in here and call you racist.

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  Posted by Rocky_Road 10 years, 6 months ago
  
  Detroit was a petri dish for the Civil Rights experiment....
  
  Reverse discrimination on steroids...complete with a mammoth black hand statue in the 'power salute' on Jefferson Avenue.
  
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    Posted by Non_mooching_artist 10 years, 6 months ago
    
    Quite right. A great example of that was given in the article, as I'm sure you know. It's really really sad. I never grew up learning to define people by their appearance. Only by their actions. I never said, for example, "My black friend is coming over". What did it matter? I just said I had a friend coming over. Period.
    
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