Detroit is gone. The once shining city that led the nation in per capita income, that was growing at an exponential rate, that was at one time the fourth largest city in America is in ruins. The city looks like a post apocalyptic wasteland. In fact if robocop were to be deployed there today he’d probably ask if he could go fight crime in south central Chicago where the people are. Yeah, it’s that bad.
There are 78,000 abandoned homes in the city of Detroit. You can purchase them for as low as a dollar, but no one wants to live there, they are worthless. 40% of the city’s street lights are inoperable, 210 of their 317 parks are permanently closed, a full third of the city is just empty. A hollow wasteland. In 1970 the population of Detroit reached an all time high at 1.5 million people. Today approximately 700,000 residents are left in the city. The population dropped so drastically that the city couldn’t collect taxes from them because they didn’t meet the size requirement for city taxation, the governor had to drop the population requirement from 750K to 600K. Usually this is the kind of depopulation and abandonment you get with a war. In fact, in 1812, when the British did take the city, they didn’t do near the damage that liberal policies have done over the last 50+ years. Oh yeah, I am blaming this on the libtards and I’ll tell you why.
Melissa “I’m a race baiter and a dumb-$hit” Harris-Perry and Ed “Caustic loud mouth a$$hole” Shultz, two of the lovlies of MSNBC have claimed that the government of Detroit was too small, in fact Perry said this is what happens “when government is small enough to drown in your bathtub.” Ed agreed with her saying “Thanks to a lot of Republican policies, the city is now filing for bankruptcy. Now, it’s the largest public sector bankruptcy in U.S. history.” Well here is the thing you enormous dumb asses, Detroit wasn’t run by conservatives, tea partiers, or even Republicans. The last Republican mayor of Detroit left office in 1960, some 53 years ago and they haven’t had a republican council member since the 70’s. Detroit has been the bastion of the liberal democrat for the last 40 years and all they’ve done in that time is run it into the ground. You can’t blame the republicans for your messes and expect it to stick forever. The public is done listening to: it’s Bush’s fault! They just aren’t buying it outside of your 12 viewers. The most recent mayor, a Democrat sits in prison for corruption, a city council person, also a democrat, was there until recently. The Democratic party ran rampant in Detroit with their socio-economic policies, entitlement programs, and massive taxes and they gutted that city all by themselves.
In 2008, the Bush administration began and the Obama administration continued a bailout of the auto industry in the Midwest, including Detroit, that cost us, the taxpayers over $85 billion, and it hasn’t worked. The city has $11.5 billion in unsecured debt and retiree pensions make up $9.2 billion. Why is this? Because while there are only 10,000 city employees in Detroit there are 22,000 people drawing pensions. Now with that failure, Detroit filed the largest bankruptcy case in U.S. history on Thursday after declaring an emergency March 1.
They have no choice, the city has been under emergency management since then and there is no saving it. Where is the money going to come from. Taxation policies and mismanagement of funds chased all the earners out of Detroit long ago. There is no one left to tax. 35% of the cities families live under the poverty line, they’re not paying taxes; the median income for the city is just $25,000 compared to almost $51,000 in the nation at large. The liberals can claim that these republican policies of small tax bases is what collapsed Detroit, because the only reason Detroit has a small tax base is because they raised the existing tas rates to the highest they could and everyone who could afford to left the city. This isn’t a taxed too little problem, this was a taxed too much problem to pay for the pensions of lazy city employees collecting fat retirement checks.
But there’s a catch, some libtard judge, Ingham County Circuit Court Judge Rosemarie Aquilina, enjoined the governor and emergency city manager from filing bankruptcy because, state law guards against retirement benefits being “diminished,” but there will be no such protection in federal bankruptcy court…Prior to her ruling on Friday, the judge criticized their hasty move. “It’s cheating, sir, and it’s cheating good people who work,” the judge said, adding that “It’s also not honoring the (United States) president, who took (Detroit’s auto companies) out of bankruptcy.“
Floating someone a loan doesn’t save them from bankruptcy, it postpones the action until the cash runs out unless they can find a way to generate more income. And just what the hell does that bailout have to do with the reality that there is no money to pay these people? This is what happens with mismanagement and bad policies, the scariest thing is that Detroit is only the first city to default. Other cities under democrat control will probably follow as they run out of money and there is none left to give them. This is the beginning of the end for some places and maybe the beginning of something else for other cities and states that remain solvent.
Just remember…If the Democrats had a city; It would look like Detroit.