City of Detroit files biggest-ever US municipal bankruptcy

Discussion in 'Other U.S. Destinations' started by uggboy, Jul 19, 2013.  |  Print Topic

  1. uggboy
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    uggboy Gold Member

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    || City of Detroit files biggest-ever US municipal bankruptcy ||

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  2. marcwint55

    marcwint55 Gold Member

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    Maybe this will free up enough money to tear down all the abandoned and burnt out houses there. That could be the first step to cleansing the city and starting the rebuilding process, assuming enough companies and people are willing to come back.
     
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  3. uggboy
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    uggboy Gold Member

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    || 'Nothing works here': Reality on the streets of a broken Motor City ||

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  4. canucklehead
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    canucklehead Gold Member

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    I was born across the river from Detroit and although Windsor has also been through its share of economic depression, it has never approached the level of desolation Detroit has (and from what I saw, Windsor is remaking itself into a health and education region, something that has forseeable growth, not just reliance on the dwindling motor industry). From across the Detroit River you can still see the tall buildings (was there a couple of months ago to give a talk). That is the superficial view, but when you see the inner city, you would have known for decades it needed to be addressed. This is a case where as things got worse, the tax base abandoned the city.

    The point uggboy made above is symbolic of the head in the sand, shuffle stuff aside approach that just doesn't work!
     
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  5. schnitzel
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    schnitzel Gold Member

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    There's an article in the NYTimes about the art museum there. Apparently, there's talk of selling off the art - and yet three counties (Detroit can only be in one, right?) have raised property taxes to pay for support of the art museum. So those county residents ought to be pretty mad when the art gets sold to pay for pensions for employees from a city where they don't live in the first place.
     
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  6. bigx0

    bigx0 Gold Member

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    I think Detroit itself is only in one, though the metropolitan area encompasses several. There are cities which are in multiple counties though -- New York City itself, for example, is in 5 counties!
     
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