General Discussion

mick063

(2,424 posts)

5. Detroit needs our help

Fri Aug 2, 2013, 07:09 PM

Aug 2013

And the pensions for city employees must be fully funded as well.

We cannot let the financial moguls continue to strip public assets.

I propose annexing the Cayman Islands and bringing Detroit's money back where it belongs.

In Detroit.

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Should Detroit be bailed out? [View all] GiaGiovanni Aug 2013 OP

Define "bail out." Gidney N Cloyd Aug 2013 #1

Good question. GiaGiovanni Aug 2013 #2

What do you mean by "make it viable?" Bunnahabhain Aug 2013 #9

I'm guessing the answer is "no" unless they hike taxes to all time highs GiaGiovanni Aug 2013 #11

Taxes on who? Bunnahabhain Aug 2013 #15

OK. What is a good solution to this? GiaGiovanni Aug 2013 #17

No one wants a "good" solution Bunnahabhain Aug 2013 #26

So the vehicles are owned and fixed by a private concern? GiaGiovanni Aug 2013 #28

My example was not a solution Bunnahabhain Aug 2013 #30

So what do you feel the solution is? GiaGiovanni Aug 2013 #32

Parts of the solution were given in post #26 Bunnahabhain Aug 2013 #35

This was post 26 GiaGiovanni Aug 2013 #38

You need to read better. Bunnahabhain Aug 2013 #41

You need to make yourself clearer and not leave so much between the lines GiaGiovanni Aug 2013 #42

Dammit son Bunnahabhain Aug 2013 #44

Yes. Unless you agree with this: rug Aug 2013 #3

Was that New York? GiaGiovanni Aug 2013 #4

Yea, late 70s. rug Aug 2013 #7

I don't remember the ins and outs of that GiaGiovanni Aug 2013 #8

Very similar to Detroit. rug Aug 2013 #12

Thanks for the link! GiaGiovanni Aug 2013 #14

Detroit needs our help mick063 Aug 2013 #5

So, the plan is to let it go bankrupt and have (foreign) investors buy it GiaGiovanni Aug 2013 #6

No. mick063 Aug 2013 #16

That sounds more like a political platform than a plan GiaGiovanni Aug 2013 #20

Oh it is possible alright mick063 Aug 2013 #23

32 trillion is not coming back if it's offshore GiaGiovanni Aug 2013 #34

Detroit thrived for years mick063 Aug 2013 #46

That would mean reversing the last 40 years. GiaGiovanni Aug 2013 #47

They lost 60% of their population for starters hack89 Aug 2013 #48

Exactly! Bunnahabhain Aug 2013 #49

At this point, these measures are not enough it seems GiaGiovanni Aug 2013 #52

Bingo. Scuba Aug 2013 #37

Yes erpowers Aug 2013 #10

Good point GiaGiovanni Aug 2013 #13

Yes. Octafish Aug 2013 #18

Who would be in for a surprise? GiaGiovanni Aug 2013 #24

''Vulture'' Capitalists Strike Vulnerable Cities and Counties Octafish Aug 2013 #57

We're dealing with out-of-control criminality GiaGiovanni Aug 2013 #60

What does "bail out" mean? Bunnahabhain Aug 2013 #19

So how does one make Detroit viable? GiaGiovanni Aug 2013 #22

See my above reply to you. Bunnahabhain Aug 2013 #27

I saw them and I responded GiaGiovanni Aug 2013 #29

You did not understand my example. Bunnahabhain Aug 2013 #31

I guess not GiaGiovanni Aug 2013 #33

Ummm Bunnahabhain Aug 2013 #36

No, you just don't want to directly express your opinion openly GiaGiovanni Aug 2013 #39

You're laughable Bunnahabhain Aug 2013 #40

When you need call names, it means you're done GiaGiovanni Aug 2013 #43

Yes, obviously, I have nothing of value to add Bunnahabhain Aug 2013 #45

Borowitz suggested that Detroit should just declare itself to be a bank KamaAina Aug 2013 #21

That's pretty funny. GiaGiovanni Aug 2013 #25

Detroit can't be bailed out. kwassa Aug 2013 #50

So what is to be done? GiaGiovanni Aug 2013 #51

Unless There's Some Kind Of Economic Base... KharmaTrain Aug 2013 #53

Yes. If we can send a bazillion dollars to 'fill in the blank' we can bail Detroit out curlyred Aug 2013 #54

YES. JaneyVee Aug 2013 #55

By who? State of Michigan... possibly. Federal government... hell no. taught_me_patience Aug 2013 #56

No, it isn't. The GOP running the show here Union Scribe Aug 2013 #59

Yes. WinkyDink Aug 2013 #58

No. GlashFordan Aug 2013 #61