Judge: Detroit bankruptcy dishonors Obama

[Vox]

it is interesting what other shit can be in state constitutions?

 

[Vox]

Neither will I, but how it's done is always questionable.

Ahh, so taxing the rich into oblivion revitalizes the middle class>>

Is it your contention taxes are communist?

Interesting.

unsustainable progressive taxation IS

 

[Katzndogz]

Detroit used to have a population of over 2 million. It is now 600,000. As Detroit got smaller, its expenditures got larger. Politicians were voted into office with union support and in return the politicians increased union benefits. It was the same unholy alliance that killed off 36 other cities since 2005.

The leeches finally killed the host. That's what happened. As people left Detroit, fewer people had to pay to support the growing government.

 

[Defiant1]

I don't believe Detroit is a political subdivision of the state.

 

[Sallow]

Ahh, so taxing the rich into oblivion revitalizes the middle class>>

Is it your contention taxes are communist?

Interesting.

unsustainable progressive taxation IS

 

[Sallow]

Detroit used to have a population of over 2 million. It is now 600,000. As Detroit got smaller, its expenditures got larger. Politicians were voted into office with union support and in return the politicians increased union benefits. It was the same unholy alliance that killed off 36 other cities since 2005.

The leeches finally killed the host. That's what happened. As people left Detroit, fewer people had to pay to support the growing government.

So offshoring the manufacturing base had nothing to do with Detroit's decline.

It was all the "leeches" that most people would call human beings.

 

[BorisTheAnimal]

I agree that Detroit is responsible for paying pensions, but how are they going to do that? The city has 100,000 creditors all due payment and no assets they are willing or able to liquidate to meet their obligations. It's not as if they could sell city hall, police stations and parks. Real estate in the city is essentially worthless. Hell! The museum made a stink and says they won't sell Howdy Doody for an expected $1,000,000.

They have obligated themselves right out of viability.

Detroit —An elite group of 13 city retirees has collected more than $1 million each in pension payouts, including former police chiefs Benny Napoleon and Isaiah “Ike” McKinnon, and could lose the most money if Emergency Manager Kevyn Orr succeeds in slashing benefits during the city’s restructuring.

They are the most notable names on a list obtained by The Detroit News that identifies retirees who have the most expensive pensions in a system that is underfunded by about $3.5 billion.

In all, two dozen retirees receive more than $100,000 annually, according to 2012 data released by the city’s pension funds. Napoleon, who is running for mayor, receives a $111,520 pension a year in addition to his approximate $130,000 salary as Wayne County sheriff. McKinnon gets $92,451 a year.

“I’ve been stabbed twice, shot at eight times and lived through dangerous times in the Police Department, so you want what you believe is due to you,” said McKinnon, 70, a tenured professor at University of Detroit Mercy who has collected $1,069,741 since retiring in 1998. “Is that fair?”

From The Detroit News: Big pension payouts threatened by Detroit crisis | The Detroit News

Or cut state revenue so low that it's impossible to take care of themselves?
Or became so dependent on one industry, that when it suffered a decline, the entire state suffered?

It's interesting that a state so firmly in the grip of GOP rule allows it's major city to go bankrupt.

Funnier still that this gets laid at the feet of Democrats.

hey Shallow, Detroit has not had one frigging Republican mayor since the early 60s. There's your first clue, Sherlock!

 

[Moonglow]

Is it your contention taxes are communist?

Interesting.

unsustainable progressive taxation IS

Do these people know that it was during the Civil War that President Lincoln started income taxation to help pay for the war?

 

[Katzndogz]

Detroit used to have a population of over 2 million. It is now 600,000. As Detroit got smaller, its expenditures got larger. Politicians were voted into office with union support and in return the politicians increased union benefits. It was the same unholy alliance that killed off 36 other cities since 2005.

The leeches finally killed the host. That's what happened. As people left Detroit, fewer people had to pay to support the growing government.

So offshoring the manufacturing base had nothing to do with Detroit's decline.

It was all the "leeches" that most people would call human beings.

Offshoring the manufacturing base has nothing to do with the growth of Detroit's government when it was losing population. The manufacturing base in Detroit was cars, and music, which of those was offshored? Have the Motown singers run off to China to record music now? Didn't obama save the auto industry?

As the city got smaller, the union payoffs got bigger until those payoffs were so big that they couldn't be paid AND meet the existing needs of the city. This should not be hard to understand.

 

[Vox]

Is it your contention taxes are communist?

Interesting.

unsustainable progressive taxation IS

you better educate yourself before making yourself an idiot in public.

you may start HERE:

Manifesto of the Communist Party

 

[BorisTheAnimal]

Detroit used to have a population of over 2 million. It is now 600,000. As Detroit got smaller, its expenditures got larger. Politicians were voted into office with union support and in return the politicians increased union benefits. It was the same unholy alliance that killed off 36 other cities since 2005.

The leeches finally killed the host. That's what happened. As people left Detroit, fewer people had to pay to support the growing government.

So offshoring the manufacturing base had nothing to do with Detroit's decline.

It was all the "leeches" that most people would call human beings.

Offshoring the manufacturing base has nothing to do with the growth of Detroit's government when it was losing population. The manufacturing base in Detroit was cars, and music, which of those was offshored? Have the Motown singers run off to China to record music now? Didn't obama save the auto industry?

As the city got smaller, the union payoffs got bigger until those payoffs were so big that they couldn't be paid AND meet the existing needs of the city. This should not be hard to understand.

Apparently for Liberals, it IS hard to understand.

 

[Vox]

unsustainable progressive taxation IS

Do these people know that it was during the Civil War that President Lincoln started income taxation to help pay for the war?

do you, people, know that unsustainable progressive taxation was one of the methods against the bourgeois( middle class by modern language) recommended by Karl Marx?

Of course, you don't

 

[UnbiasedAmerica]

I live in Connecticut. Hartford, like Detroit, used to be one of the most prosperous cities in the country. Factories, insurance companies, a thriving middle class... then came the liberal politicians. Higher taxes funded big government programs. Public unions demanded lavish benefits in return for supporting the mayor, resulting in even higher taxes to pay for them. Businesses fled to lower tax regions. Fewer businesses meant lower tax revenues. Incredibly, the politicians responded by raising taxes again, driving out even more businesses. Tax revenues plummeted. Now the city couldn't even pay for basic services, the infrastructure crumbled and crime skyrocketed. Residents fled, pushing the tax revenues even lower. Today, Hartford, like Detroit, is in ruins.

And it wasn't low taxes or deregulation or small government that did it. It was big government with its big taxes. Want more proof? Here are the ten cities with the highest poverty in America:

Detroit, MI (1st on the poverty rate list) hasn’t elected
a Republican mayor since 1961;

Buffalo, NY (2nd) hasn’t elected one since 1954;

Cincinnati, OH (3rd)… since 1984;

Cleveland, OH (4th)… since 1989;

Miami, FL (5th) has never had a Republican Mayor;

St. Louis, MO (6th)…. since 1949;

El Paso, TX (7th) has never had a Republican Mayor;

Milwaukee, WI (8th)… since 1908;

Philadelphia, PA (9th)… since 1952;

Newark, NJ (10th)… since 1907.

 

[Moonglow]

President Gerald Ford refused to help New York in 1975, a rejection immortalized in the headline “drop dead.”
http://www.nytimes.com/2010/10/05/business/05views.html?_r=0

 

[BorisTheAnimal]

I live in Connecticut. Hartford, like Detroit, used to be one of the most prosperous cities in the country. Factories, insurance companies, a thriving middle class... then came the liberal politicians. Higher taxes funded big government programs. Public unions demanded lavish benefits in return for supporting the mayor, resulting in even higher taxes to pay for them. Businesses fled to lower tax regions. Fewer businesses meant lower tax revenues. Incredibly, the politicians responded by raising taxes again, driving out even more businesses. Tax revenues plummeted. Now the city couldn't even pay for basic services, the infrastructure crumbled and crime skyrocketed. Residents fled, pushing the tax revenues even lower. Today, Hartford, like Detroit, is in ruins.

And it wasn't low taxes or deregulation or small government that did it. It was big government with its big taxes. Want more proof? Here are the ten cities with the highest poverty in America:

Detroit, MI (1st on the poverty rate list) hasn’t elected
a Republican mayor since 1961;

Buffalo, NY (2nd) hasn’t elected one since 1954;

Cincinnati, OH (3rd)… since 1984;

Cleveland, OH (4th)… since 1989;

Miami, FL (5th) has never had a Republican Mayor;

St. Louis, MO (6th)…. since 1949;

El Paso, TX (7th) has never had a Republican Mayor;

Milwaukee, WI (8th)… since 1908;

Philadelphia, PA (9th)… since 1952;

Newark, NJ (10th)… since 1907.

You're about a decade off on Buffalo. Kowal's term ended in 1965. The last Conservative Mayor mayor, however, was James D. Griffin.

 

[BorisTheAnimal]

President Gerald Ford refused to help New York in 1975, a rejection immortalized in the headline “drop dead.”
http://www.nytimes.com/2010/10/05/business/05views.html?_r=0

Good for Ford.

 

[thanatos144]

This is a commercial all you progressives should enjoy.

[ame=http://www.youtube.com/watch?feature=player_detailpage&v=l4ZQooPHHAA]PURE DETROIT! (Pure Michigan Parody) - YouTube[/ame]

 

[Sallow]

I agree that Detroit is responsible for paying pensions, but how are they going to do that? The city has 100,000 creditors all due payment and no assets they are willing or able to liquidate to meet their obligations. It's not as if they could sell city hall, police stations and parks. Real estate in the city is essentially worthless. Hell! The museum made a stink and says they won't sell Howdy Doody for an expected $1,000,000.

They have obligated themselves right out of viability.

Or cut state revenue so low that it's impossible to take care of themselves?
Or became so dependent on one industry, that when it suffered a decline, the entire state suffered?

It's interesting that a state so firmly in the grip of GOP rule allows it's major city to go bankrupt.

Funnier still that this gets laid at the feet of Democrats.

hey Shallow, Detroit has not had one frigging Republican mayor since the early 60s. There's your first clue, Sherlock!

Is it just me that thinks the Governor has more power than the Mayor in a state?

 

[thanatos144]

Or cut state revenue so low that it's impossible to take care of themselves?
Or became so dependent on one industry, that when it suffered a decline, the entire state suffered?

It's interesting that a state so firmly in the grip of GOP rule allows it's major city to go bankrupt.

Funnier still that this gets laid at the feet of Democrats.

hey Shallow, Detroit has not had one frigging Republican mayor since the early 60s. There's your first clue, Sherlock!

Is it just me that thinks the Governor has more power than the Mayor in a state?

Learn some fucking Civics! Jesus if your going to talk about governments learn how they run!

 

[UnbiasedAmerica]

Is it just me that thinks the Governor has more power than the Mayor in a state?

Some cities prosper while other cities in the same state are impoverished. Municipal policies are the key to understanding those disparities.