Panic in Detroit. It’s not just Detroit that should be panicked. The disaster that is Detroit is the not-too-far-in-the-future of America. We believe that as a first step the only way to help Detroit is to prosecute every Detroit elected official of the past 50 years and to strip them all of their pensions and bank accounts. The charge is willful violation of fiduciary duties and responsibility. Read on and you will understand why this is a necessity for justice and the reanimation of the Detroit corpse.
Detroit has a glorious American past. If you want to witness how far Detroit has fallen, if you want to see the great loss to all of us as Americans visit this LINK and witness the ruins of Detroit.
Having seen those photographs, beware! Detroit is coming to a neighborhood near you:
“At the heart of Detroit’s problem is a growing unfunded debt on benefits owed to current and future retirees — some $3.5 billion, according to its emergency manager, Kevyn Orr — which mirrors a circumstance being seen across the U.S.
From Baltimore to Los Angeles, and many points in between, municipalities are increasingly confronted with how to pay for these massive promises. The Pew Center for the States, in Washington, estimated states’ public pension plans across the U.S. were underfunded by a whopping $1.4 trillion in 2010. [snip]
As examples of the results: Chicago recently saw its credit rating downgraded because of a $19-billion unfunded pension liability that the ratings service Moody’s puts closer to $36 billion. And Los Angeles could be facing a liability of more than $30 billion, by some estimates.
It’s no surprise — given the pressure public pensions are putting on municipal budgets — that any move to ease those liabilities, especially through a bankruptcy court order like what’s happening in Detroit, is being watched carefully nationwide by state and municipal officials, union leaders, bond traders and retirees.
“We’re just at the front of the line here,” Michigan Treasurer Andy Dillon said Friday. “It could be a landmark case.”
Early this year, the Pew Center released a survey showing that 61 of the nation’s largest cities — limiting the survey to the largest city in each state and all other cities with more than 500,000 people — had a gap of more than $217 billion in unfunded pension and health care liabilities. While cities had long promised health care, life insurance and other benefits to retirees, “few … started saving to cover the long-term costs,” the report said.”
Pray you are not a public sector worker in a locality or state that is fiscally irresponsible. We don’t wish what is happening in Detroit on anyone.
Because we are sounding the warning even at this late hour we know some of our phony “liberal” brethren will accuse us of being “deficit hawks” as if that was a bad thing. We’ll be mocked for wanting to see bills paid in a timely manner. Because of our fiscal responsibility we’ll be mocked as Draconian monsters without any compassion or liberality. But who is the monster? Who is the compassionate and who is cruel?
Imagine the shock of reality to those “retirees — some of whom, like police and firefighters in Michigan, don’t contribute to or receive Social Security benefits because their pensions were expected to be guaranteed“. Now those retirees living in Detroit are f*cked. Who’s cruel now? Furthermore, as acknowledged by the president of AFSCME “public workers aren’t protected by federal pension insurance“.
Cincinnati and Baltimore are already in trouble and their misery will have company. Who’s cruel and who’s kind? Put yourself into the situation of a Detroit city worker about to retire in this jobless Obama recovery who believed the corrupt Barack Obama:
“But most of all, promising too much to workers in a way that not only drives out industry, but also inflates the wage and pension bill for all times to come.
In fact, of Detroit’s $18 billion debt, more than half is owed to its retirees, who have now been offered about 10 cents to the dollar of their benefits.”
The people of Detroit are what destroyed Detroit. The believed a liar in 2008 and 2012 and voted for more and more lies from that same flim-flam man. And it wasn’t just Barack Obama. The people of Detroit elected and reelected their mayors and city councilmen and councilwomen who proceeded to lie and lie again. It is the people of Detroit who destroyed Detroit. And what a people they are:
“… 40 percent of its streetlamps don’t work; 210 of its 317 public parks have been permanently closed; it takes an hour for police to respond to a 9-1-1 call; only a third of its ambulances are driveable; one-third of the city has been abandoned; the local realtor offers houses on sale for a buck and still finds no takers; etc., etc.” [snip]
To achieve this level of devastation, you usually have to be invaded by a foreign power. [snip]
Detroit was the industrial powerhouse of America, the “arsenal of democracy,” and in 1960 the city with the highest per capita income in the land. Half a century on, Detroit’s population has fallen by two-thirds, and in terms of “per capita income,” many of the shrunken pool of capita have no income at all beyond EBT cards. [snip]
Forty-seven percent of adults are functionally illiterate, which is about the same rate as the Central African Republic, which at least has the excuse that it was ruled throughout the Seventies by a cannibal emperor. Why would any genuine innovator open a business in a Detroit “innovation hub”? Whom would you employ? The illiterates include a recent president of the school board, Otis Mathis, which doesn’t bode well for the potential work force a decade hence.”
The cannibal Emperor, Bokassa, is but a slender dieter compared to the locust called Barack Obama.
Detroit has been destroyed and loans and money will not help. With a citizenry such as Detroit has it will follow that the same villains and crooks will be elected to loot and feed on taxpayer dollars again. As Keith B. Richburg at the Washington Post notes there are a good many good people in Detroit. But he also confesses that the good people were “complicit” in the death of Detroit:
“Of course, the old neighborhoods are nothing like they were. My older cousins and aunties in their 70s, 80s and 90s are still in the same houses as before. But theirs are some of the few houses still standing on streets that are now mostly abandoned; they live behind metal burglar bars on their windows and the curtains and shades pulled tight. If I go in the winter, I know their streets will never be cleared of snow and ice, so the driving is treacherous. And I never go out at night. My old house on McGraw Street burned down and was reduced to rubble years ago.
Most of the old-time residents say they never plan to move, even though city services are virtually nonexistent in the old neighborhoods and most of the neighbors are gone. It’s a pride, a stubbornness and an attitude of “I bought this home 40 years ago, and no crack addicts or gangbangers are going to drive me out of it!” [snip]
Detroit politics has been wracked by a series of corruption scandals, going back to the Coleman Young years. The last elected mayor before Bing, Kwame Kilpatrick — better known as the “Player Mayor” for his extravagant lifestyle of bling and parties — sits in prison for felony corruption. But Detroiters are prideful and protective of their own; even when Kilpatrick and his associates were shown to be corrupt, many Detroiters came out to support him, blaming the prosecutors for unfairly targeting a black elected official.
In fact, therein lies the real truth about Detroit, one that I’m loath to admit. For all my fond memories of Detroit from the 1960s and ’70s, it was always one of America’s most racially polarized cities. Older Detroiters are correct that the city was surrounded by a ring of often-hostile white suburbs, in a largely conservative state that had little time for a poor, destitute, Democratic and black city.”
Well, they might as well call it Trayvon City. A citizenry that will not face facts. A citizenry that votes and supports leadership based on skin color has no right to criticize anyone for fleeing from such reverse racism and fiscal and moral irresponsibility. It’s not the “white suburbs” that destroyed Detroit.
The people of Detroit destroyed Detroit aided and abetted by their latest “leader” Barack Obama. This weekend we heard from that kook in the land of kooks Ed Schultz: “Thanks to a lot of Republican policies, [Detroit] is now filing for bankruptcy”. What Republicans have to do with the destruction of Detroit is a mystery because there has not been a Republican elected in Detroit in decades. Indeed Mitt Romney, born in Detroit, would have been a president who would not just be there to turn off the lights.
It’s not just black citizens of Detroit that we are discussing today. The people that destroyed Detroit are of many skin colors and many skin shapes. However it cannot be denied that the overwhelming population of Detroit is black. It also cannot be denied that they have acted with the same lack of responsibility as Trayvon Martin’s father did when he left his suspended from school son with a pocketful of money unsupervised while he went to Miami to party with his own girlfriend. The result is that both Trayvon and Detroit are dead.
The only one that has profited from this Detroit disaster is Barack Obama. He film-flammed the citizens of Detroit with promises and false hope. They gave Barack Obama their votes. They still wait. Remember Detroit City Councilwoman JoAnn Watson on December 5, 2012?:
“Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that,” said Watson. “Of course, not just that, but why not?”
Nearly 75 percent of Wayne County voters pulled the lever for Obama in November.
“After the election of Jimmy Carter, the honorable Coleman Alexander Young, he went to Washington, D.C. He came home with some bacon,” said Watson. “That’s what you do.”
As we stated at the beginning of this article every mayor and city council member of Detroit going back to 1960 should be stripped of pension benefits and their bank accounts confiscated. They should not need financial resources in prison. Start with Councilwoman Watson.
Obama? He do what he do. He might give you his autograph but don’t expect much from from the soon to be Only Survivor Of The National People’s Gang. There’s panic in Detroit – and it will spread nationwide.