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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 07-24-2013, 08:41 AM   #91
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Six Easy Steps to Fixing Detroit
And it wouldn't cost the state of Michigan or DC one cent.

Here’s the plan:
  • The federal government (in writing) forbears taxes, regulations, laws, and impositions for a hundred years to the area of the current municipality of Detroit and to all persons and commercial entities resident there.
  • All municipal government agencies within Detroit are disbanded.
  • All state and federal offices within the city of Detroit are disbanded.
  • The federal government guarantees that entry and exit to/from Detroit will remain unchanged from the current conditions, and that no obligations will be placed upon residents of Detroit in any other place.
  • Federal and state governments immediately cease all payments to residents of Detroit. (They may resume payment to those persons if and when they are no longer resident in Detroit.)

The final legal document would be more complex than this, but those are all the main points necessary.
What this plan does is to return Detroit to its natural state – to the way it was managed when the first settlers arrived. (In other words, not managed at all.)
And think of the money that will be saved by Michigan and the feds. Billions per year.
Think of Hong Kong, but easy to get to.

http://www.freemansperspective.com/detroit/
Sorry in advance to Progs for getting spun in over this. And to loneiguana, in particular, about going Hong Kong. I just think all cities should go Hong Kong. Eat your hearts out Progs.
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Old 07-24-2013, 08:50 AM   #92
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Good plan. I like it.

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Old 07-24-2013, 11:00 AM   #93
The_Grand_Illusion The_Grand_Illusion is offline
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Originally Posted by Amnorix View Post
I've said before, many times, that fixed benefit pensions need to be just outright prohibited. Cities are going to struggle with them until they are ditched.
And which party/ideology is most responsible for pimping votes, in this country, for benefits so they can stay in power? Just more examples of abuse of power by your party/ideology for decades now. Keep on deflecting and making excuses if you don't want to see reality.

TGI
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Old 07-24-2013, 11:06 AM   #94
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Originally Posted by InChiefsHell View Post
So the answer to my question is no, you don't have to take any responsibility for when the city you are running falls to ruins. You can just blame...industry.

You really dig you some Obama don't you?
I doubt anyone here really is familiar enough with the deatils of Detroit's city govt to comment much on it. I do know that the area's health is heavily reliant on the auto industry, and those companies used to be among the biggest in the world. Sure, put some blame on the city leaders, but I really doubt a change in party would be any different. Probably, the CEOs of GM and Ford probably had more impact on the health of the city than the mayors did.
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Old 07-24-2013, 11:12 AM   #95
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Originally Posted by cosmo20002 View Post
I doubt anyone here really is familiar enough with the deatils of Detroit's city govt to comment much on it. I do know that the area's health is heavily reliant on the auto industry, and those companies used to be among the biggest in the world. Sure, put some blame on the city leaders, but I really doubt a change in party would be any different. Probably, the CEOs of GM and Chrysler probably had more impact on the health of the city than the mayors did.
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Not Ford. Ford was & is fine.
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Old 07-24-2013, 11:23 AM   #96
cosmo20002 cosmo20002 is online now
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FYP
Not Ford. Ford was & is fine.
They have seen better days is the point.

US sales
1999 - 4,163,369
2005 - 3,153,875
2008 - 1,988,376
2009 - 1,620,888
2010 - 1,935,462
2012 - 2,250,165

2006 - largest annual loss in company history ($12.7 billion) - closed 14 factories and cut 30,000 jobs
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Old 07-24-2013, 12:07 PM   #97
InChiefsHell InChiefsHell is offline
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Quote:
Originally Posted by cosmo20002 View Post
They have seen better days is the point.

US sales
1999 - 4,163,369
2005 - 3,153,875
2008 - 1,988,376
2009 - 1,620,888
2010 - 1,935,462
2012 - 2,250,165

2006 - largest annual loss in company history ($12.7 billion) - closed 14 factories and cut 30,000 jobs
Where were all those jobs and factories? Seriously curious...
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Old 07-24-2013, 12:10 PM   #98
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Old 07-25-2013, 04:25 PM   #99
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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.
My understanding is you're a fully indoctrinated moonbat and your post was an anticipated knee-jerk reaction to Ann Coulter's critical comments concerning the religion of the Liberal, particularly it's creation myth, the theory of evolution.

Thanks for validating what she said. You behaved exactly like a member of religious cult would.



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Old 07-25-2013, 04:29 PM   #100
Comrade Crapski Comrade Crapski is offline
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I KNOW.

It's because anyone with a basic understanding of what evolution is knows it has nothing to do with creation!

You can't fix ignorant... because it likes being that way.
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Old 07-25-2013, 04:31 PM   #101
Comrade Crapski Comrade Crapski is offline
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Originally Posted by The_Grand_Illusion View Post
And which party/ideology is most responsible for pimping votes, in this country, for benefits so they can stay in power? Just more examples of abuse of power by your party/ideology for decades now. Keep on deflecting and making excuses if you don't want to see reality.

TGI
Detroit is bankrupt because politicians looted it.

Amnorhea can't bring himself to admit it because he's a moonbat and the politicians who destroyed it were his beloved Communists (he still calls them democrats).

Last edited by Comrade Crapski; 07-25-2013 at 04:42 PM..
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Old 07-25-2013, 04:40 PM   #102
Comrade Crapski Comrade Crapski is offline
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... I notice you got intellectually assraped in those threads too.
This is the flash mob method of scientific inquiry. Liberals quickly surround and humiliate anyone who disagrees with them.

http://www.anncoulter.com/columns/2011-08-24.html
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Old 07-25-2013, 04:41 PM   #103
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Originally Posted by Comrade Crapski View Post
My understanding is you're a fully indoctrinated moonbat and your post was an anticipated knee-jerk reaction to Ann Coulter's critical comments concerning the religion of the Liberal, particularly it's creation myth, the theory of evolution.

Thanks for validating what she said. You behaved exactly like a member of religious cult would.



"We're not crazy! YOU'RE CRAZY!!!!"
I'll help your ignorant ass try to understand...

The Theory of Evolution does not address creationism in any way whatsoever. None. Stop making yourself look stupid by calling evolution a "Creation myth". And it's certainly not a "Liberal" idea in the slightest.
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Old 07-25-2013, 04:44 PM   #104
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This is why the brighter Darwinians end up sounding like Scientologists in order to cling to their mystery religion.

Quote:
Originally Posted by Fish View Post
I'll help your ignorant ass try to understand...

The Theory of Evolution does not address creationism in any way whatsoever. None. Stop making yourself look stupid by calling evolution a "Creation myth". And it's certainly not a "Liberal" idea in the slightest.
Crick, winner of the Nobel Prize for his co-discovery of DNA, hypothesized that highly intelligent extraterrestrials sent living cells to Earth on an unmanned spaceship, a theory he set forth in his 1981 book, "Life Itself."

http://www.amazon.com/Life-Itself-It.../dp/0671255630
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Old 07-25-2013, 04:49 PM   #105
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Originally Posted by Comrade Crapski View Post
This is the flash mob method of scientific inquiry. Liberals quickly surround and humiliate anyone who disagrees with them.

http://www.anncoulter.com/columns/2011-08-24.html
Scientific inquiry has nothing to do with liberalism. Take off your political glasses, dummy, cause their distorting your view of the reality.
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