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Detroit filling for bankrupsy

Author
Max Godsnottlingson
Viziam
Amarr Empire
#1 - 2013-07-19 10:46:33 UTC  |  Edited by: Max Godsnottlingson
You know, what is so sad about this.

Like with Greece and Spain, it's the ordinary hardworking folk who are going to suffer. The people who are only interested in earning enough money to look afer their families, pay their way through life, and have a bit left over for treats now and then.

But the people who have brought that fine city to it's knees, rather then being hauled up and made to account for their actions, they will be walking off with their already overfull pockets stuffed with even more money.

Perhaps we should all get our 'Vendetta' masks out, even died in the wool old farts like me, the player behind Max.

*Looks to his front doot, and waits for the people from MI5/CIA to come and kick it down and drag him off*
Alice Saki
Nocturnal Romance
Cynosural Field Theory.
#2 - 2013-07-19 10:47:34 UTC
^_^

FREEZE! Drop the LIKES AND WALK AWAY! - Currenly rebuilding gaming machine, I will Return.

Slade Trillgon
Brutor Force Federated
#3 - 2013-07-19 10:59:29 UTC  |  Edited by: Slade Trillgon
It is all a joke! The people at the top point fingers at all the moochers errr I mean the helpless at the bottom for taking all our hard earned tax money for welfare..... People at the bottom point to the top where white collar thieves errrr I mean State/Federal officials are allowed to 'forget' to report tens of thousands of $ in gifts.


EDIT: They are in cahoots with each other I tell ya.......... to add a little color to my off color post


EDIT 2: It was inevitable that this was going to happen. Just saw a story that there are probably many versions of, but I husband and wife are both ex Detroit officers who will probably lose their pensions... at least for the foreseeable future.
Krixtal Icefluxor
INLAND EMPIRE Galactic
#4 - 2013-07-19 11:33:33 UTC
Detroit has approx 700,000 citizens as we speak, down from around 1.8 million in the late 1960's.

All those city employees who were working back then are now retired and of course deserve all their retirement pay, but it's too much to be funded by the current dearth of population, thus the bankruptcy.

The amazing thing is they have been trying to sell artworks from their city art institutions to pay for this issue. Sorry, that's not how it works Detroit.

Those works can only be sold to buy other works of art. You don't sell your cultural treasures to fund correcting the mistakes made by decades of corruption and monetary squandering.

Bankruptcy is the only way to go.

Stockton, CA,............. Detroit, MI.....................next. And there will be a next. It ain't over.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

Slade Trillgon
Brutor Force Federated
#5 - 2013-07-19 12:01:28 UTC
Detroit also been trying to sell thousands of properties that have been in disrepair for decades. You can literally by acres upon acres of property extremely extremely cheap, but the cost to demolish the buildings, haul out the trash and the lack of a foreseeable opportunity to recover any cash and turn a profit has kept all land tycoons from tossing a penny at the properties Ugh
Krixtal Icefluxor
INLAND EMPIRE Galactic
#6 - 2013-07-19 12:08:19 UTC
"The Chicago public school district announced Thursday that it was laying off about 2,100 teachers and support staff — a figure more than twice as large as the teachers union head was expecting and one the district blamed on the Legislature's failure to reach a deal on pension reform."

""We were hoping to get pension reform in Springfield," she said. "That did not happen. That has brought the pension crisis to the doorstep of our schools," she said."

"Thursday's announcement came as lawyers for the nation's third-largest school district were in a federal courtroom defending Chicago's plan to shutter some 50 schools."

http://www.sfgate.com/news/article/Chicago-Public-Schools-announce-layoff-of-2-110-4673772.php


....."and there will be a next".

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

Alara IonStorm
#7 - 2013-07-19 12:13:33 UTC
Krixtal Icefluxor wrote:
"The Chicago public school district announced Thursday that it was laying off about 2,100 teachers and support staff — a figure more than twice as large as the teachers union head was expecting and one the district blamed on the Legislature's failure to reach a deal on pension reform."

""We were hoping to get pension reform in Springfield," she said. "That did not happen. That has brought the pension crisis to the doorstep of our schools," she said."

"Thursday's announcement came as lawyers for the nation's third-largest school district were in a federal courtroom defending Chicago's plan to shutter some 50 schools."

http://www.sfgate.com/news/article/Chicago-Public-Schools-announce-layoff-of-2-110-4673772.php


....."and there will be a next".

The students won't suffer, the US government is on the job making sure there are plenty of places for those children to continue their education.
Slade Trillgon
Brutor Force Federated
#8 - 2013-07-19 12:14:27 UTC
I love that there is no mention of cutting any of the salaries of elected city officials in half Ugh
Adunh Slavy
#9 - 2013-07-19 13:01:28 UTC  |  Edited by: Adunh Slavy
Max Godsnottlingson wrote:
Like with Greece and Spain, it's the ordinary hardworking folk who are going to suffer. The people who are only interested in earning enough money to look afer their families, pay their way through life, and have a bit left over for treats now and then.

But the people who have brought that fine city to it's knees, rather then being hauled up and made to account for their actions, they will be walking off with their already overfull pockets stuffed with even more money.



So the voters that listened to the politicians, and voted for the promise of 'free stuff', paid for by stealing money from the productive base of the economy aka taxes, share no fault?

It's easier to blame the greed of a few, than blame the greed of the crowd, why stop pandering to the mob now when it has always worked in the past. The same pandering that created the problem in the first place.

Stop electing people that want power and promise government hand outs.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Kirjava
Lothian Enterprises
#10 - 2013-07-19 13:18:09 UTC
Bankruptcy might end up ultimately being the best thing that ever hapoened to the place. Sure its a post apocalyptic wasteland, but this is rock bottom. Nowhere to go but up.

[center]Haruhiists - Overloading Out of Pod discussions since 2007. /人◕‿‿◕人\ Unban Saede![/center]

Krixtal Icefluxor
INLAND EMPIRE Galactic
#11 - 2013-07-19 13:25:41 UTC
Slade Trillgon wrote:
I love that there is no mention of cutting any of the salaries of elected city officials in half Ugh



That's not the problem, as they are already down to skeleton staff.

They need to track down the original perpetrators of the corrupt system that led to this.

But as most of those city officials were in their 40s and 50s in the 1970s and 1980s, most of them are 'not with us any longer'.

Since they are safely in the ground, all Detroit can do is re-structure and move on at this point.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

baltec1
Bat Country
Pandemic Horde
#12 - 2013-07-19 13:33:14 UTC  |  Edited by: baltec1
Kirjava wrote:
Bankruptcy might end up ultimately being the best thing that ever hapoened to the place. Sure its a post apocalyptic wasteland, but this is rock bottom. Nowhere to go but up.


It hasn't reached the level of Gary yet...


Detroit is a dying city in a crumbling nation.
Kirjava
Lothian Enterprises
#13 - 2013-07-19 13:40:55 UTC
Isn't the whote elephant in the room being ignored? The UAW? I mean European and Japanese cars are an order ofagnitude better than their American counterparts, even ones under Ford and GM ojtside the atatea use different models that go over 30mpg as standard. Volkswagen and Toyota desighn a car, and build it everywhere, Chrysler might end up being the best given they are using more advanced FIAT enginens a d are owned by the italian firm.

End of the day they were selling an inferior product because the UAW didn't have the strategic understanding that they were making so much because the rest of the world was in ruin and the starving German and Japanese populations didn't need to worry about poor Detroiters while they built better, faster and cheaper.

First the auto industry, then the Higgs Boson. Methinks America needs to wake up to the fact that the whole world is capitalist, and free trade works both ways, or it willbe eate for breakfast by leaner morr ambitious nations.

[center]Haruhiists - Overloading Out of Pod discussions since 2007. /人◕‿‿◕人\ Unban Saede![/center]

Teinyhr
Ourumur
#14 - 2013-07-19 13:46:49 UTC
Krixtal Icefluxor wrote:
They need to track down the original perpetrators of the corrupt system that led to this.


Whoever invented capitalism died hundreds if not thousands of years ago.
Krixtal Icefluxor
INLAND EMPIRE Galactic
#15 - 2013-07-19 13:48:41 UTC
Teinyhr wrote:
Krixtal Icefluxor wrote:
They need to track down the original perpetrators of the corrupt system that led to this.


Whoever invented capitalism died hundreds if not thousands of years ago.



Good point.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

Adunh Slavy
#16 - 2013-07-19 13:51:40 UTC
Kirjava wrote:
Isn't the whote elephant in the room being ignored? The UAW?



You're not allowed to blame unions, because that makes you a greedy capitalist, of course you have to ignore the greed of the union bosses too.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Kirjava
Lothian Enterprises
#17 - 2013-07-19 13:58:21 UTC
Adunh Slavy wrote:
Kirjava wrote:
Isn't the whote elephant in the room being ignored? The UAW?



You're not allowed to blame unions, because that makes you a greedy capitalist, of course you have to ignore the greed of the union bosses too.

No, we are unionised and support a national health service at the same time getting more done with less % of gdp (USA 17% vs 8%). This isn't about the union movement or socialism, this is how the UAW itself has ****** up.

[center]Haruhiists - Overloading Out of Pod discussions since 2007. /人◕‿‿◕人\ Unban Saede![/center]

Slade Trillgon
Brutor Force Federated
#18 - 2013-07-19 14:15:06 UTC
Krixtal Icefluxor wrote:
Slade Trillgon wrote:
I love that there is no mention of cutting any of the salaries of elected city officials in half Ugh



That's not the problem, as they are already down to skeleton staff.

They need to track down the original perpetrators of the corrupt system that led to this.

But as most of those city officials were in their 40s and 50s in the 1970s and 1980s, most of them are 'not with us any longer'.

Since they are safely in the ground, all Detroit can do is re-structure and move on at this point.


But are the salaries and post employment perks of the remaining truly reasonable? This is a acceptable question for every local, state and federal bureaucrat. I do not believe, in any shape, form or fashion that this 'fix' would solve a decent portion of the fiscal problem at any governmental level. No one should ever go, "Hey I want to work for the government because the pay and perks are just too good to ignore." They should be saying, "I want to work for the government because I want to serve my fellow citizens."
Teinyhr
Ourumur
#19 - 2013-07-19 14:25:38 UTC
Slade Trillgon wrote:
But are the salaries and post employment perks of the remaining truly reasonable? This is a acceptable question for every local, state and federal bureaucrat. I do not believe, in any shape, form or fashion that this 'fix' would solve a decent portion of the fiscal problem at any governmental level. No one should ever go, "Hey I want to work for the government because the pay and perks are just too good to ignore." They should be saying, "I want to work for the government because I want to serve my fellow citizens."


Granted I'm no expert on US government official salaries but what I've picked up on from many a newsposts pasted around the web is that most officials - particularly congress level, but lower as well - are already millionaires. I remembere there coming a ruckus when one official refused to give their salary for whatever charity was relevant at the time (possibly Haiti?) because she wasn't rich unlike just about everyone else working with her.

That said, I think no elected official should earn much more than the average consumer which is what, around 44k a year in the US (median income, I know many earn much less)?
Tumahub
Sebiestor Tribe
Minmatar Republic
#20 - 2013-07-19 15:12:46 UTC  |  Edited by: Tumahub
Hello from sunny Detroit, where the [lack of] local government enforcement is helping along a boom in local business. Of course, we still have to deal with the state of Michigan and the federal collectivists, but any relief from parasitic state hangers-on is welcome.

I get the feeling that the rest of the world believes we're in bad shape because of this. You couldn't be more wrong. The public sector is dying here and that's exactly what we need to get productive people back on their feet. Start-ups here are booming.

Now back to your regularly scheduled liberal/conservative circle-jerk.

(The problem isn't how much parasites are paid. The problem is that they are parasites. HTH)
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