Detroit is bankrupt.

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Originally Posted by 95racer

Should have happened years ago. Detroit blames everyone but themselves. Now the fine people of Detroit don't want live in the mess that they have created so they're moving out into the 'burbs and doing their best to bring those cities down also.

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Should they be forced to stay if they want to move? Are you sure it wasn't financial mismanagement or that the population shrunk too quickly and took the tax base with it? People from Detroit have every right to live in suburbs if they so choose or anywhere else.

Why does the little guy always have to take a pay cut while the higher ups keep getting raises?

This flow chart puts this into perspective.

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Originally Posted by broncofan

Should they be forced to stay if they want to move? Are you sure it wasn't financial mismanagement or that the population shrunk too quickly and took the tax base with it? People from Detroit have every right to live in suburbs if they so choose or anywhere else.

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Section 8 housing, bridge cards, utilities paid is the way most of them are moving out. I know, it's happening all around me. Most of the people in these homes are able bodied and do nothing. A right, yes. Compliments of those who work and pay taxes (which went up again this year). Meanwhile, real estate values get further diluted, quality of the neighborhood deteriorates (ex. homes not maintained, litter, rif-raff) and crime goes up.

Much of the same issue in Detroit. A big reason the tax base is low because many don't work and don't pay taxes. Then they bitch about the lack of city services and school system. Also, if you live and/ or work in Detroit you get to pay an additional 'Detroit' tax. Many workers won't work in Detroit because of it and I don't blame them. Why flush more money down the toilet.

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Originally Posted by trish

A good company will pass the costs of producing a quality product on to consumers willing to pay for it (a bad company will skimp on materials and produce an inferior product). In some democratic governments (ours) people demand quality products (superior military, police protection, pothole free highways, access to medical care etc....half the tea party is on disability!) but refuse to pay for them. Collect some fucking revenue.

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By democratic governments I am assuming you are talking about local governments led by Democrats. :D

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Originally Posted by flabbybody

When you buy a bond issued by a city it promises to collect property taxes from its citizens and pay you back with interest at a future date. When this promise is broken the explanations become irrelevant. The financial mechanism used to fund essential services of life has been compromised. Who would lend money to a deadbeat? In New York we expect police to come quickly and trains to run, but who pays for that if people stop buying our bonds ?

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Good retort, but you guys in NYC pay Police to act as Big Brother, watch your every move, and stop to frisk your asses at any officer's whim.
On top of it your Supreme Mayor tells you what you can and cannot eat and drink. It's fucking pathetic bro.

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Originally Posted by Ben in LA

Discuss. And I already know the "Democratic-controlled" and "Unions-caused-this" blame will be thrown around. Go Red Wings.

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It's funny you answered your own question. :lol:

The subject of the sentence is "people." I was thinking of tea-bagger idiots who make signs that say, "GET YOUR GOVN'T MITS OFF MY MEDICARE." See what happens when you ASSume...

(Detroit's troubles) couldn't have had anything to do the atrocious business practices of the Detroit based auto companies.

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Originally Posted by trish

(Detroit's troubles) couldn't have had anything to do the atrocious business practices of the Detroit based auto companies.

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True! GM and Ford started cheating on their cars production back in the 1990's, thinking customer needed them, in the meantime and the Japanese and the Germans were all about quality and long term relationships. Result: they lost people's trust and their business tanked and with it Detroit drowned.

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Originally Posted by trish

...See what happens when you ASSume...

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That "A$$ume" accusation back at ya. notice the smiley at the end of my comment.