This Country is Hopelessly Mired with Corruption!

[IScreamSundays]

Check this out... Detroit, a city on the brink of bankruptcy...

The City of Detroit has failed for nearly four years to send property tax bills to the owner of the Packard plant, costing the city badly needed cash.

At 3.5 million square feet, the plant is by far the largest derelict property in Detroit.

It wasn't until the Free Press began making inquiries last week that the city's assessor's office returned the property to the tax rolls -- with an assessed value of nearly $1.6 million. The change came nearly four years after a Michigan Supreme Court decision prompted the city to surrender the century-old plant to Bioresource, a company whose last listed corporate representative is a convicted drug dealer.

Last week, less than 18 hours after a reporter questioned why the property was listed as city-owned, the assessor's office changed its status to "taxable." The property's assessed value ballooned from almost nothing to nearly $1.6 million.


Read more: http://www.businessinsider.com/detroit-garbage-pickup-bankruptcy-2010-12#ixzz184SlA52f

[DontTreadOnMe]

1. How many more cities need to collapse?

Until the media starts to report what is really going on?

Every state has a city like Detroit. Sometimes wealthy towns are just over the border from these "forgotten cities".

In New England, Hartford has the highest murder rate and downtown is vacant. Bridgeport and Providence are close behind.
New Jersey has Newark... should I keep going?

Most people don't think of ghettos in New England, but they are growing.

[sakabatou]

2. This Country is Hopelessly Mired with Corruption!

This just in, water is wet