Detroit files for bankruptcy

[3point14]

Yes it is.

No it's not.

Here is the post - The quote and your response.

There is no question.

You answered a question nobody asked and then got all snotty about it.

Don't do that.

 

[anglolawyer]

Yes it is.

You can't imagine this happening, and meanwhile it's happening in your own backyard in Wales.

If you have a city and everyone moves out of it because the jobs dry up, the city is going to try to pull itself back together. If it doesn't have the money to back up new industry it's going to have to borrow it.

If it doesn't work out, it will file for bankruptcy.

It's not rocket science people.

Yet somehow, I have the impression you haven't the foggiest notion what you're talking about. What's happening in Wales?

 

[truethat]

So you are NOT reading the thread. Just like I thought. No point in discussing it with you then.

 

[truethat]

No it's not.

Here is the post - The quote and your response.

There is no question.

You answered a question nobody asked and then got all snotty about it.

Don't do that.

I'm sorry it was so utterly confusing for you since I didn't quote each post and just answered in general.

But um......not my problem that your comprehension isn't so up to snuff. And uh....seems like this gang up is by two people who have some stupid axe to grind.

So have at it with each other. kay? I'm done.

 

[anglolawyer]

So you are NOT reading the thread. Just like I thought. No point in discussing it with you then.

I'll settle for that.

 

[3point14]

I'm sorry it was so utterly confusing for you since I didn't quote each post and just answered in general.

So, you write in a poorly thought out, badly ordered manner and then insult my intelligence?

But um......not my problem that your comprehension isn't so up to snuff.

and then again, you insult me

And uh....seems like this gang up is by two people who have some stupid axe to grind.

So have at it with each other. kay? I'm done.

And then you invent conspiracy?


Yeah, I think I'm done with you. Have fun.

 

[Doubt]

Before or after bankruptcy was declared>

Before. But only just before. The state appointed administrator does not have to worry about things like re-election. He can do thing elected officials would not or could not do without repercussions.

Over ten years ago a city council member once mentioned the idea of moving people out of depopulated neighborhoods to cut down on the cost of city services. The public reaction was not positive. That idea is now gaining some traction but is still nowhere near implementation. How to do it legally is an issue.

Some here still don't quite seem to grasp what is going on. The city is not going away. There are still a few hundred thousand people there. There are business there. There is still a citywide infrastructure. Occasionally new business starts there or relocates into the city. There are a few million of us in the suburbs around the city that make uses of resources from the city even if we don't travel there much. There is the busiest border crossing between Canada and the US.

There is also a series of financial messes. The city debt. The school district. The loss of local manufacturing that goes beyond the cars. There was a state wide financial mess along with the local one.

Soon, a lot of people and creditors are going to get screwed. Many of them are retired city employees. But the city will still be there. Neighborhoods that are not quite empty might actually end up empty. But the city still has purpose. The city is not ending. But the hard times won't end soon.

 

[bynmdsue]

Before or after bankruptcy was declared>

The state appointed an emergency manager in March. The city declared bankruptcy this week.

 

[Doubt]

My memory is faulty. It was the city ombudsman that proposed mothballing parts of the city. And this was 20 years ago. This article is from 1993:

http://articles.chicagotribune.com/1993-05-05/news/9305050086_1_east-side-city-hall-common-council

It finally has reached the point where the city official in charge of monitoring municipal services last week proposed a radical solution: Relocate the last few residents of nearly vacant blocks to more viable neighborhoods, raze their homes, erect a fence around the area, plant rows of conifer trees just outside the fence's perimeter and let the land inside go "back to nature."

 

[mummymonkey]

Detroit bankruptcy petition must be withdrawn

 

[Checkmite]

Detroit bankruptcy petition must be withdrawn

Must be withdrawn from Federal court? Says a state court? That's cute.

 

[theprestige]

Must be withdrawn from Federal court? Says a state court? That's cute.

Apparently it's against the state's laws to file the petition in any court.

 

[bynmdsue]

It dishonors the Great and Benevolent O-Ba-Ma!

They told me if I voted for Romney we would be ruled by the ludicrous worshippers of a weird god.

 

[Meadmaker]

My memory is faulty. It was the city ombudsman that proposed mothballing parts of the city. And this was 20 years ago. This article is from 1993:

http://articles.chicagotribune.com/1993-05-05/news/9305050086_1_east-side-city-hall-common-council

Mayor Dave Bing, current mayor of Detroit, did raise the same possibility last year.

Detroit has an infrastructure that is sized for two million people of average income. They have 700,000 people, most of whom are poor or at least below average income. There's no way to make that work.

 

[Meadmaker]

It was a large automaking town that failed to attract new industry once the automakers left or downsized. The Great Lakes aren't the freight transportation routes they used to be, the US population center has moved south and west. Times changed.

Detroit will survive, but it will be much smaller than it once was both in area and population. We can't force people or industry to move there or stop them from moving out.

The Detroit metropolitan area is doing just fine, and has lots of auto plants. It's just the City of Detroit that is in bad shape.

(Even in the suburbs we were hit very, very, hard in the last recession, but we got better.)

 

[Checkmite]

Apparently it's against the state's laws to file the petition in any court.

I'm pretty sure that the denial by a state of due process in a Federal court to any entity is un-US-constitutional. And in all such cases, of course, the US Constitution wins.

 

[fuelair]

Wasn't this being predicted since the mid-80s? Didn't one of the Robocop movies even elude to the fact that Detroit was going bankrupt like 25 years ago?

Very much so - it was the reason the P.D. was going private/corporate. And for robots instead of real police.

 

[Jekyll's Guest]

OCP's New Detroit will bring jobs; and clean, affordable housing.

The Robocop business reminds me of all of the 1980's satire of how bad America was becoming. Some of it turned out to be quite optimistic, or at least on-the-nose.

 

[bynmdsue]

If Obama had a city, would it look like Detroit?

 

[Doubt]

http://www.reuters.com/article/2013/07/22/us-usa-detroit-hope-idUSBRE96L0VI20130722

(Reuters) - Detroit's bankruptcy filing last Thursday - the largest in American municipal history - completed a six-decade slide for a one-time industrial powerhouse. Today the city bears an uncomfortable resemblance to a failed state: unable to light or police the streets, educate children, stop arson, or provide emergency care to the dying.

There is, however, a mini-renaissance occurring in the downtown core. It is here that Detroit might just be carving out a new identity, this one driven not by cars but by computers. The Internet-focused businesses springing up have attracted thousands of young, well-educated, tech-savvy "urban pioneers."