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 Post subject: Detroit Bankruptcy Blog
PostPosted: Thu Jul 18, 2013 11:43 pm 
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It's about time, Nexus.

9 chapters, please.


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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Fri Jul 19, 2013 3:23 am 
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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Sun Jul 21, 2013 7:54 pm 
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it's a pretty fucked up situation b/c the state actually owes the city like $200mil (so far, the tax sharing should have been paid each year, which would plug detroit's deficit) in backtaxes over a tax-sharing agreement that the governor has refused to honour. since, much like the feds > the states, the states > the cities and there's fuck all detroit can do about it. what are they going to do, sue the people who make the laws? lmao

as it stands the real issue is that all of the people with actual cash have moved out of the city's boundaries and into nicer neighbourhoods like grosse point (typical houses are like 5-6 bedrooms, >$1.5mil and just 20 miles away from downtown detroit), royal oak, troy, etc. these people commute into the city every day and use its services but they don't pay any of the taxes the city actually needs to run the rest of the city outside downtown... and detroit is fucking enormous

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essentially they need to do 1 of 2 things:

a) annex the rich communities into the city of detroit and make them contribute their fair share to the city which they leech off of
- this would be very unpopular (obv)
- it's questionable whether or not detroit city council is even capable of running what they have at the moment in terms of sheer managerial capacity
- this also means that they have to provide services to an even larger area than already, could be costly but hopefully the increase in revenue would make up for it

b) drastically cut the area that they're servicing down. this means no fire engines, no police, no road repairs, nothing - to huge huge chunks of the city. this is a pretty terrible idea as people still live out there and it's basically saying (more so than usually, because detroit is terrible (58mins avg response time to a 911 call)) that anyone outside the greatly decreased catchment area of the city lives in a lawless zone and are free prey to rape, murder, burglarise etc
- fucking terrible morally
- may not even work considering how services have already been cut and the amount of debt that detroit still has
- i guess you could also eminent domain to seize still occupied houses in the excluded zones and a similar number in the non-excluded zones then move people there but iirc you have to pay a reasonable market value and even with loldetroitprices i doubt the city could afford it

there are probably some other options but the basic point is that the poor of detroit actually carry most of the tax burden. companies and richer people either avoid or make deals with the city to mitigate it (my company persuaded the city council to give them a tax waiver worth $20mil to build their hq there. what the fuck detroit ur broke already jesus).

however given how the rest of the state fucking hates detroit and how politically unlikely it is that the rich will ever be taxed, i'm basically expecting them to literally laugh in the face of olds as they tear up and burn pension agreements while paying out millions to bond holders because :lolmerica:

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Mon Jul 22, 2013 8:05 am 
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those rich assholes

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Mon Jul 22, 2013 10:00 am 
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Did you leave america because they wouldnt accept your communist thought process?

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Mon Jul 22, 2013 10:28 am 
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pretty sure its cos he is a rich white man and doesn't want to live with a bunch of poor black people. you are part of the problem nexus kinnon.

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Mon Jul 22, 2013 9:45 pm 
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Morel Nova wrote:
Did you leave america because they wouldnt accept your communist thought process?


i got called a communist so many times

once when i just said i thought people shouldnt starve horrifically in the street thru no fault of their own in the richest country in the world

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Mon Jul 22, 2013 9:58 pm 
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Nexus Kinnon wrote:
Morel Nova wrote:
Did you leave america because they wouldnt accept your communist thought process?


i got called a communist so many times

once when i just said i thought people shouldnt starve horrifically in the street thru no fault of their own in the richest country in the world


How do you even do that. US has lots of good climate and there are pigeons, gulls and rats all over the place. Basically you'd have to be lazy or incompetent.

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Tue Jul 23, 2013 10:48 am 
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Morel Nova wrote:
Nexus Kinnon wrote:
Morel Nova wrote:
Did you leave america because they wouldnt accept your communist thought process?


i got called a communist so many times

once when i just said i thought people shouldnt starve horrifically in the street thru no fault of their own in the richest country in the world


How do you even do that. US has lots of good climate and there are pigeons, gulls and rats all over the place. Basically you'd have to be lazy or incompetent.


not in detroit son, not in detroit

shit goes down to -5 to 10C in the winter for several months and you know sure as shit that in d-town u have a lot of competition in the homeless ppl department

i saw like two dead homeless people, one from an OD and the other just lying by the side of the road in the middle of winter

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 Post subject: Re: Detroit Bankruptcy Blog
PostPosted: Tue Jul 23, 2013 11:23 am 
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Nexus Kinnon wrote:
Morel Nova wrote:
Nexus Kinnon wrote:
Morel Nova wrote:
Did you leave america because they wouldnt accept your communist thought process?


i got called a communist so many times

once when i just said i thought people shouldnt starve horrifically in the street thru no fault of their own in the richest country in the world


How do you even do that. US has lots of good climate and there are pigeons, gulls and rats all over the place. Basically you'd have to be lazy or incompetent.


not in detroit son, not in detroit

shit goes down to -5 to 10C in the winter for several months and you know sure as shit that in d-town u have a lot of competition in the homeless ppl department

i saw like two dead homeless people, one from an OD and the other just lying by the side of the road in the middle of winter


too lazy to move somewhere warm in summer I guess?

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