Hide yo kids, hide yo wife...

pecosdave: Can we sell Detroit to China to pay down the national debt?

That would mean Detroit has value.

altinos: pecosdave: Can we sell Detroit to China to pay down the national debt?

That would mean Detroit has value.


Well, there is the street value.


/drugs are bad, m'kay?

Other people's money, subster.

Loud_Mouth_Soup: Well, there is the street value.

Clearly you've never driven on Detroit streets.

altinos: pecosdave: Can we sell Detroit to China to pay down the national debt?

That would mean Detroit has value.

maybe the could recycle it or burn it for power.

So what.

Lots of places in the US are living on life support and in piss poor shape.

Odd that the bailouts for the automakers did not trickle-down to Detroit somehow.

In before Streetlight comes and tells us "what a great city it really is"

I'll buy that for a dollar...

Headline: "Dillon: State takeover avoidable if Detroit wins concessions from unions by early February" (new window)

In other words, it's inevitable.

so they run out of money... then what?

Are there actual consequences to cities/states/countries running out of money?

BigRightRear: In before Streetlight comes and tells us "what a great city it really is"

It's nice in the downtown area. That's something. The rest is turning into farmland.

kvinesknows: so they run out of money... then what?

Are there actual consequences to cities/states/countries running out of money?

Yes, the controversy over the emergency management bill Snyder came out with. If the city runs out, then the governor gets to step in, assign a manager, and then break any and all contracts that they see fit to get the city financially solvent, including union contracts, pensions, etc. The opponents say that they did it so Snyder's buddies can be assigned control. The supporters say that the old law under Granholm didn't have enough teeth.

kvinesknows: so they run out of money... then what?

Are there actual consequences to cities/states/countries running out of money?

The state will take over the city, in what many Farkers have called "the end of democracy" for reasons they've never convincingly put forth.

How much money can they possibly have with all those $1 houses on the auction block?


altinos: BigRightRear: In before Streetlight comes and tells us "what a great city it really is"

It's nice in the downtown area. That's something. The rest is turning into farmland gangland.

FTFY

steve42: FTFY

It was already gangland. They were fighting over turf no one else wanted, so they started to leave and nature has been taking over.

BigRightRear: In before Streetlight comes and tells us "what a great city it really is"




Streetlight is a girl ?

Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

organizm: Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

The wealthy suburbs are in Oakland County, Detroit is south of 8 Mile in Wayne County. I pay a lot in property taxes, but the bulk of it goes to the school systems.

altinos: kvinesknows: so they run out of money... then what?

Are there actual consequences to cities/states/countries running out of money?

Yes, the controversy over the emergency management bill Snyder came out with. If the city runs out, then the governor gets to step in, assign a manager, and then break any and all contracts that they see fit to get the city financially solvent, including union contracts, pensions, etc. The opponents say that they did it so Snyder's buddies can be assigned control. The supporters say that the old law under Granholm didn't have enough teeth.

soo... a take over is a good thing right? Especially since its pretty much the unfunded pension obligations that are going to screw them

kvinesknows: soo... a take over is a good thing right? Especially since its pretty much the unfunded pension obligations that are going to screw them

Depends on which side you're on. If you're expecting pension payments, then it'll suck for you. I still hear calls to raise taxes and charge for services, but Michigan just had to pass another law that allows Detroit to charge a city income tax. The law is based on the number of residents in the city, and Detroit was getting dangerously close to the limit, so they lowered it. Let's raise taxes and drive people out even more! That'll show 'em!

Seriously this is just the plot to Robocop isn't it...I can only assume Detroits black mayor, is now looking for a cash rich 12 year old dickwad of a child to bail them out......

hmmmmm.....

if all that is left to fund the unfunded pension is the people on welfare and the people who should receive pensions... do they expect the money to grow on trees?

kiwimoogle84: ZAZ: kiwimoogle84: Wait, would that mean they HAVE money as opposed to being heinously in debt?

My understanding of the situation is, they have cash on hand and debts they can never pay.

Well that's not news. Welcome to my life. $4800 ER bill before my insurance kicked in, but I don't qualify for assistance because I make too much money.

I dare anyone to find me a state BESIDES DC that's actually thriving right now.

TEXAS

kvinesknows: if all that is left to fund the unfunded pension is the people on welfare and the people who should receive pensions... do they expect the money to grow on trees?

No, they expect the government to raise taxes on the rich.

organizm: Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

Grosse Pointe (five separate cities). A few others in Wayne County could be called "wealthy."

Okay, but when society collapses and the dead pile up and the massive number of homeless live in trash on the streets, I get to be JC Denton.

kiwimoogle84: I dare anyone to find me a state BESIDES DC that's actually thriving right now.

North Dakota.

altinos: kvinesknows: if all that is left to fund the unfunded pension is the people on welfare and the people who should receive pensions... do they expect the money to grow on trees?

No, they expect the government to raise taxes on the rich.

so. the people who will be receiving the pensions then?

Sticky Hands: kiwimoogle84: I dare anyone to find me a state BESIDES DC that's actually thriving right now.

North Dakota.

Costa Rica
Brazil
Argentina

Oh wait, you meant US states..

/got nothing

organizm: Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

Livonia, Westland, Plymouth, Northville, Dearborn Heights, Dearborn. Heck even Inkster, Wayne and Redford are probably wealthier than Detroit at this point.

kiwimoogle84: Keyser_Soze_Death: Sticky Hands: kiwimoogle84: I dare anyone to find me a state BESIDES DC that's actually thriving right now.

North Dakota.

Costa Rica
Brazil
Argentina

Oh wait, you meant US states..

/got nothing

Exactly. I didn't even get my state return last year. I don't expect it this year. I got an IOU.

you have anything for sale? I could writet up a whole bucket of IOUs.

moel: [www.proyouthpages.com image 280x184]
"So how much do ya need"

Came here for this.

50 cents, 50 dollars...

I bet Les can help them out.

Black people problems.

altinos: organizm: Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

The wealthy suburbs are in Oakland County, Detroit is south of 8 Mile in Wayne County. I pay a lot in property taxes, but the bulk of it goes to the school systems.

Is funny, in New Jeresey it can be a similar issue. The wealth gap is huge, and the poor urban areas (Newark, Irvignton, East Orange, etc) are surrounded by wealthy suburbs in the same county. The propery taxes are incredibly high, but the school systems are some of the best in the country. I always wondered how much the high taxes (2.907% in my town. Average house price $650,000) have to do with the school system, and how much they have to do with commenting for the urban areas.

I legitametely have no idea how any of this works.

JohnAnnArbor: organizm: Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

Grosse Pointe (five separate cities). A few others in Wayne County could be called "wealthy."


My parents pay a metric @ssload of taxes in GPF - although housing prices have fallen off dramatically from 15 years ago it still is a very nice place to live. Even though it's on the Detroit border the GP's have private parks and excellent schools and apart from the occasional car theft, very little crime. We used to call the GPP cops the "border patrol" since that city spends more than half of it's total revenue on police which keep the riff-raff out. People from there refer to it as the bubble since on one side of the street there are crackwhores and on on the other side palatial estates. It's not so uniformly white as it once was but take a look at the racial distribution for the area and you can clearly see the outline of Detroit on the east side.

detroitdoesntsuckthatbad: JohnAnnArbor: organizm: Are there wealthier suburbs that exist outside of Detriot in the same county? If so, do they pay a ton in property tax to make up for the lack of income Detriot brings in?

Grosse Pointe (five separate cities). A few others in Wayne County could be called "wealthy."


My parents pay a metric @ssload of taxes in GPF - although housing prices have fallen off dramatically from 15 years ago it still is a very nice place to live. Even though it's on the Detroit border the GP's have private parks and excellent schools and apart from the occasional car theft, very little crime. We used to call the GPP cops the "border patrol" since that city spends more than half of it's total revenue on police which keep the riff-raff out. People from there refer to it as the bubble since on one side of the street there are crackwhores and on on the other side palatial estates. It's not so uniformly white as it once was but take a look at the racial distribution for the area and you can clearly see the outline of Detroit on the east side.

[i.dailymail.co.uk image 634x642]

Super interesting map, and again, a similar situation in New Jersey. I'm assuming here blue is black and red is white?