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Old 07-22-2013, 09:38 AM  
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25 Facts About The Fall Of Detroit That Will Leave You Shaking Your Head

It is so sad to watch one of America's greatest cities die a horrible death. Once upon a time, the city of Detroit was a teeming metropolis of 1.8 million people and it had the highest per capita income in the United States. Now it is a rotting, decaying hellhole of about 700,000 people that the rest of the world makes jokes about. On Thursday, we learned that the decision had been made for the city of Detroit to formally file for Chapter 9 bankruptcy. It was going to be the largest municipal bankruptcy in the history of the United States by far, but on Friday it was stopped at least temporarily by an Ingham County judge. She ruled that Detroit's bankruptcy filing violates the Michigan Constitution because it would result in reduced pension payments for retired workers. She also stated that Detroit's bankruptcy filing was "also not honoring the (United States) president, who took (Detroit’s auto companies) out of bankruptcy", and she ordered that a copy of her judgment be sent to Barack Obama. How "honoring the president" has anything to do with the bankruptcy of Detroit is a bit of a mystery, but what that judge has done is ensured that there will be months of legal wrangling ahead over Detroit's money woes. It will be very interesting to see how all of this plays out. But one thing is for sure - the city of Detroit is flat broke. One of the greatest cities in the history of the world is just a shell of its former self. The following are 25 facts about the fall of Detroit that will leave you shaking your head...

1) At this point, the city of Detroit owes money to more than 100,000 creditors.

2) Detroit is facing $20 billion in debt and unfunded liabilities. That breaks down to more than $25,000 per resident.

3) Back in 1960, the city of Detroit actually had the highest per-capita income in the entire nation.

4) In 1950, there were about 296,000 manufacturing jobs in Detroit. Today, there are less than 27,000.

5) Between December 2000 and December 2010, 48 percent of the manufacturing jobs in the state of Michigan were lost.

6) There are lots of houses available for sale in Detroit right now for $500 or less.

7) At this point, there are approximately 78,000 abandoned homes in the city.

8) About one-third of Detroit's 140 square miles is either vacant or derelict.

9) An astounding 47 percent of the residents of the city of Detroit are functionally illiterate.

10) Less than half of the residents of Detroit over the age of 16 are working at this point.

11) If you can believe it, 60 percent of all children in the city of Detroit are living in poverty.

12) Detroit was once the fourth-largest city in the United States, but over the past 60 years the population of Detroit has fallen by 63 percent.

13) The city of Detroit is now very heavily dependent on the tax revenue it pulls in from the casinos in the city. Right now, Detroit is bringing in about 11 million dollars a month in tax revenue from the casinos.

14) There are 70 "Superfund" hazardous waste sites in Detroit.

15) 40 percent of the street lights do not work.

16) Only about a third of the ambulances are running.

17) Some ambulances in the city of Detroit have been used for so long that they have more than 250,000 miles on them.

18) Two-thirds of the parks in the city of Detroit have been permanently closed down since 2008.

19) The size of the police force in Detroit has been cut by about 40 percent over the past decade.

20) When you call the police in Detroit, it takes them an average of 58 minutes to respond.

21) Due to budget cutbacks, most police stations in Detroit are now closed to the public for 16 hours a day.

22) The violent crime rate in Detroit is five times higher than the national average.

23) The murder rate in Detroit is 11 times higher than it is in New York City.

24) Today, police solve less than 10 percent of the crimes that are committed in Detroit.

25) Crime has gotten so bad in Detroit that even the police are telling people to "enter Detroit at your own risk".

It is easy to point fingers and mock Detroit, but the truth is that the rest of America is going down the exact same path that Detroit has gone down.

Detroit just got there first.

All over this country, there are hundreds of state and local governments that are also on the verge of financial ruin...

"Everyone will say, 'Oh well, it's Detroit. I thought it was already in bankruptcy,' " said Michigan State University economist Eric Scorsone. "But Detroit is not unique. It's the same in Chicago and New York and San Diego and San Jose. It's a lot of major cities in this country. They may not be as extreme as Detroit, but a lot of them face the same problems."

A while back, Meredith Whitney was highly criticized for predicting that there would be a huge wave of municipal defaults in this country. When it didn't happen, the critics let her have it mercilessly.

But Meredith Whitney was not wrong.

She was just early.

Detroit is only just the beginning. When the next major financial crisis strikes, we are going to see a wave of municipal bankruptcies unlike anything we have ever seen before.

And of course the biggest debt problem of all in this country is the U.S. government. We are going to pay a great price for piling up nearly 17 trillion dollars of debt and over 200 trillion dollars of unfunded liabilities.

All over the nation, our economic infrastructure is being gutted, debt levels are exploding and poverty is spreading. We are consuming far more wealth than we are producing, and our share of global GDP has been declining dramatically.

We have been living way above our means for so long that we think it is "normal", but an extremely painful "adjustment" is coming and most Americans are not going to know how to handle it.

So don't laugh at Detroit. The economic pain that Detroit is experiencing will be coming to your area of the country soon enough.

http://www.freerepublic.com/focus/f-news/3045767/posts




How is this not an article about some third world country?

Meet Detroit, flagship of unions, liberalism, and Obama voters.
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Old 07-23-2013, 03:05 PM   #61
mr. tegu mr. tegu is offline
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Speak of the Devil, TGI.

A few of the indoctrinated stooges....
Do you understand why that bolded part is so funny? I will give you a hint. People that refuse to accept evolution can still find that statement funny.
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Old 07-23-2013, 03:06 PM   #62
The_Grand_Illusion The_Grand_Illusion is offline
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If you want to read a great book describing this situation, read Ann Coulter's Godless.

Though liberalism rejects the idea of God and reviles people of faith, it bears all the attributes of a religion. In Godless, Coulter throws open the doors of the Church of Liberalism, showing us its sacraments (abortion), its holy writ (Roe v. Wade), its martyrs (from Soviet spy Alger Hiss to cop-killer Mumia Abu-Jamal), its clergy (public school teachers), its churches (government schools, where prayer is prohibited but condoms are free), its doctrine of infallibility (as manifest in the "absolute moral authority" of spokesmen from Cindy Sheehan to Max Cleland), and its cosmology (in which mankind is an inconsequential accident).

Then, of course, there's the liberal creation myth: Charles Darwin's theory of evolution.
Thanks, I will check it out.

Also, if you haven't seen the movie “For Greater Glory” starring Andy Garcia, Eva Longoria, and Peter O'Toole, it is a true story of what happens when the statists have full control of a government. It's the statist belief system versus Christianity and the statists take control and pretty much outlaw Christianity. I've read the back stories and the movie pretty much sticks to what happened in Mexico almost 100 years ago.

It's why my grandparents came here in 1917 to escape the abuses of their government and work on the railroads. My grandmother told stories of tyranny, people being shot or hung from telephone poles for not going along with the statists. Priests, clergy, or just the faithful, were tortured or killed for professing their faith. A war broke out 9 years later and that is what the movie is about. What my grandmother witnessed and descriptions taught me to value freedom and am so grateful the freedoms we enjoy in this country. The sad thing is so many take that for granted as we have our own brand of statists trying to rob those freedoms in this country, slowly and methodically for decades now. The rise of statism in this country is a great reason to have and preserve the 2nd Amendment as well to continue to insist we preserve our Constitution. The same Constitution, the statists in this country have been pissing on for decades.

TGI
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Old 07-23-2013, 03:18 PM   #63
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Thanks, I will check it out.

Also, if you haven't seen the movie “For Greater Glory” starring Andy Garcia, Eva Longoria, and Peter O'Toole, it is a true story of what happens when the statists have full control of a government. It's the statist belief system versus Christianity and the statists take control and pretty much outlaw Christianity. I've read the back stories and the movie pretty much sticks to what happened in Mexico almost 100 years ago.
Thanks for the heads up, I will definitely check that movie out. I'm a little bit familiar with the story, it sounds compelling.

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It's why my grandparents came here in 1917 to escape the abuses of their government and work on the railroads. My grandmother told stories of tyranny, people being shot or hung from telephone poles for not going along with the statists. Priests, clergy, or just the faithful, were tortured or killed for professing their faith. A war broke out 9 years later and that is what the movie is about. What my grandmother witnessed and descriptions taught me to value freedom and am so grateful the freedoms we enjoy in this country.
Your grandmother's experience reminds me of the horrible things I read about what the Communists did to people in Spain during the Civil War there. Growing up in America, all I ever heard from "educators" was that the Communists were the good guys. Hemingway glorified them. Picasso martyred them in Guernica. Popular culture today romanticizes communist murderers like Che Guevara.

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Th The sad thing is so many take that for granted as we have our own brand of statists trying to rob those freedoms in this country, slowly and methodically for decades now. The rise of statism in this country is a great reason to have and preserve the 2nd Amendment as well to continue to insist we preserve our Constitution. The same Constitution, the statists in this country have been pissing on for decades.

TGI
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Old 07-23-2013, 03:24 PM   #64
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Do you understand why that bolded part is so funny? I will give you a hint. People that refuse to accept evolution can still find that statement funny.
Plenty of threads on that subject, feel free to bump them:

http://www.chiefsplanet.com/BB/showt...gin+of+Species

http://www.chiefsplanet.com/BB/showt...gin+of+Species

http://www.chiefsplanet.com/BB/showt...Charles+Darwin
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Old 07-23-2013, 03:36 PM   #65
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Speaking of stupid, I see you just ignore the factors the slightly more conservatively aligned state government has on Boston compared to Detroit / Michigan. Detroit is the model of Unions / Liberals / Democrats - you just can't face it.

Not sure what exactly you're trying to argue. Massachusetts has had Republican governors, but so has Michigan.

The main thing Detroit doesn't have is a phenomenal higher education system. Very few areas of the country can compare with the colleges in Boston, especially when you factor in that Boston isn't the size of a NY, LA or Chicago. Having that much talent here, some of which stays, is invaluable. Places like MIT encourage entrepreneurship and teamwork with the private sector that drives industry. Detroit has none of that.


Many cities are models for unions/liberals/democrats, yet aren't in bankruptcy. There are many factors that drove Detroit into bankruptcy, and some are certainly very bad policies over many years, and some are the result of things that really weren't within the control of the local government, including broader economic shifts. In capitalism, it's adapt or die. Detroit couldn't adapt.
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Old 07-23-2013, 03:40 PM   #66
mr. tegu mr. tegu is offline
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No reason to, I just wasn't sure if you understood why it was so funny. I am still unclear on that though.
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Old 07-23-2013, 03:42 PM   #67
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That's why more cities are in progress to bankruptcy.
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Old 07-23-2013, 03:44 PM   #68
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... I notice you got intellectually assraped in those threads too.
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Old 07-23-2013, 03:45 PM   #69
Amnorix Amnorix is offline
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The guy is actually suggesting that what you see in those pictures is a result of a "manufacturing base" going to a "service base".

If that was true, then the whole country would look like Detroit.

Seriously, you can't make this shit up. But this the delusional dishonesty and crap I've come to expect from O-Bots.

Not that you're bright enough to look outside the little box you live in, but capitalism is an adapt or die system, ameliorated to some extent by social policies to take the rougher edges off as to individuals. Detroit couldn't/wouldn't adapt, for a number of reasons, so it died (financially speaking).

Let me point to a different example -- Pittsburgh. Pittsburgh hasn't had a Republican mayor since before FDR. When the steel industry "collapsed", it took a very major hit. What's interesting about the steel industry, though, is that the collapse isn't quite what most people think.

By the 1990s, for example, Pittsburgh was producing more steel than it had during the heydays of the 1960s/70s, BUT it was doing it with 1/10th the workforce due to modernization. Pittsburgh was able to shift to biotech, computer software and other industries, partly due to (again) excellent colleges. It adapted, after looking like (in the early 80s) it might go the way of Detroit.

But yes, it's all about whether a city has a Democratic mayor. THAT ALONE is the reason why Detroit has failed. Thanks for your thoughtful insight and brilliant analysis.
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Old 07-23-2013, 03:52 PM   #70
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Originally Posted by Amnorix View Post
Not that you're bright enough to look outside the little box you live in, but capitalism is an adapt or die system, ameliorated to some extent by social policies to take the rougher edges off as to individuals. Detroit couldn't/wouldn't adapt, for a number of reasons, so it died (financially speaking).

Let me point to a different example -- Pittsburgh. Pittsburgh hasn't had a Republican mayor since before FDR. When the steel industry "collapsed", it took a very major hit. What's interesting about the steel industry, though, is that the collapse isn't quite what most people think.

By the 1990s, for example, Pittsburgh was producing more steel than it had during the heydays of the 1960s/70s, BUT it was doing it with 1/10th the workforce due to modernization. Pittsburgh was able to shift to biotech, computer software and other industries, partly due to (again) excellent colleges. It adapted, after looking like (in the early 80s) it might go the way of Detroit.

But yes, it's all about whether a city has a Democratic mayor. THAT ALONE is the reason why Detroit has failed. Thanks for your thoughtful insight and brilliant analysis.
And Pittsburgh's got Ketchup. Really good Ketchup.
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Old 07-23-2013, 04:50 PM   #71
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"An astounding 47 percent of the residents of the city of Detroit are functionally illiterate."

This is the number one problem. I hate to say it, but this is largely due to the population that resides there.

There is no quick fix to this.
There is no amount of money that can solve it
They are not the only ones
This is due to our refusal to educate.
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Old 07-23-2013, 06:21 PM   #72
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It may have had a terminal disease 30 years ago, but it's a beautiful city now.
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Old 07-23-2013, 07:08 PM   #73
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Originally Posted by Amnorix View Post
Not that you're bright enough to look outside the little box you live in, but capitalism is an adapt or die system, ameliorated to some extent by social policies to take the rougher edges off as to individuals. Detroit couldn't/wouldn't adapt, for a number of reasons, so it died (financially speaking).

Let me point to a different example -- Pittsburgh. Pittsburgh hasn't had a Republican mayor since before FDR. When the steel industry "collapsed", it took a very major hit. What's interesting about the steel industry, though, is that the collapse isn't quite what most people think.

By the 1990s, for example, Pittsburgh was producing more steel than it had during the heydays of the 1960s/70s, BUT it was doing it with 1/10th the workforce due to modernization. Pittsburgh was able to shift to biotech, computer software and other industries, partly due to (again) excellent colleges. It adapted, after looking like (in the early 80s) it might go the way of Detroit.

But yes, it's all about whether a city has a Democratic mayor. THAT ALONE is the reason why Detroit has failed. Thanks for your thoughtful insight and brilliant analysis.
Living in his little box? Isn't that what you are doing here with your deflections and excuses for your party/ideology? If this was only Detroit we are talking about going bankrupt, then you might have a point but the problem is systemic throughout the country. Much of it, like Comrade Crapski pointed out, have been where democrat-run statist liberalism has run rampant. There are many cities/municipalities/states that have already gone bankrupt or on the verge of bankruptcy much of it is the failure of your party/ideology.

If you want to stay in your little box and deflect and make excuses, fine, what is going to be your excuse when the 17 Trillion chickens, much of it caused by the rise of statism in this country, come home to roost?

TGI
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Old 07-23-2013, 07:14 PM   #74
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I just read that a 12-year old robbed a bank in Detroit.

Almost like life imitating art (there's a little drug kingpin in Robocop 2)

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Old 07-23-2013, 07:29 PM   #75
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I just read that a 12-year old robbed a bank in Detroit.

Almost like life imitating art (there's a little drug kingpin in Robocop 2)

Am I going to hell for laughing at that? Yes I am.
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