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Detroit to run out of money by May...elected officials might be thrown out by the governor

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posted on Jan, 10 2012 @ 05:16 PM
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Michigan Treasurer says Detroit to run out of money by May

The struggling U.S. city of Detroit is on track to run out of money in May instead of April after spending changes made by city officials, Michigan Treasurer Andy Dillon said on Tuesday.

Dillon addressed media following a two-and-a-half-hour meeting with a team that is looking at Detroit's financial picture and trying to assess whether the city needs an emergency manager to take over operations. It was the first time the 10-member team met since it was appointed last month.

He said Detroit's most urgent issue is figuring out how to arrest escalating retiree health care costs, and clean up a balance sheet laden in debt and interest costs. Detroit Mayor Dave Bing had earlier predicted it would run out of money in April if spending wasn't curbed.

"It's my understanding that April has been pushed back to May," Dillon said, noting that the mayor "needs concessions from labor to avoid running short of cash."


So they mention that an ``emergency manager`` might take over... What's an ``emergency manager`` again? They put one in place last year in Michigan...

Emergency manager cuts roles of Benton Harbor officials

In a move believed to be the first under sweeping new state legislation, Emergency Manager Joseph Harris suspended decision-making powers of city officials Friday.


Basically unelected people, taking over a city and doing what they want. Elections? They don't matter anymore.




posted on Jan, 10 2012 @ 06:10 PM
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Great I live in Warren less then half a mile from the border. When the money runs out the rats will flea the city and end up in my neighborhood. As if I don't have enough scum in my area.



posted on Jan, 10 2012 @ 06:53 PM
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im against the emergency managers and all of that, but, in detroit, yea, its needed...
somekind of intervention... they need jobs, schools, bullet proof vest, etc...

here, this was a campaign video for mayor of detroit... i really like the rapper and song, but really??? for mayor???




posted on Jan, 11 2012 @ 09:58 AM
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Detroit is a failed experiment. It is what happens when you take the American manufacturing base and move it overseas and then implement social experiments and programs that do nothing to benefit the common man but drain society.



posted on Jan, 11 2012 @ 10:10 AM
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Benton Harbor and Flint have been given EM's to help train the people to run the city. Benton Harbor refused to work with the guy so they were bypassed . The best thing to ever happen to the town



posted on Jan, 11 2012 @ 12:51 PM
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They should just evacuate Detroit, put a wall around it and turn it into a big prison something like in Escape From New York...

Problem solved.



posted on Jan, 11 2012 @ 02:54 PM
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Detroit is the prime example of what liberal socialism does to an economy.



posted on Jan, 11 2012 @ 11:03 PM
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reply to post by luccadeo
 


really???
the socialism card again???

lmao...

correction...
detroit is what happens when you flood a city with good paying jobs, then strip the community of those jobs to save your company some money...

the auto companies are in large part to blame for most of the crap in michigan right now...

im not quite sure how socialism fits into that puzzle...



posted on Jan, 12 2012 @ 12:41 AM
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reply to post by baphomet420
 


Yeah its just spewing typical Faux trash like the rest of the morons who cannot think outside of their propaganda soapbox.



posted on Jan, 12 2012 @ 02:16 AM
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reply to post by baphomet420
 


The following is my opinion as a member participating in this discussion.


Well, there are a couple of clear connections to socialism being the cause of Detroit's decline.

1. The machine fell apart under the painfully long watch of mayor Coleman Young, an admitted supporter of the Communist Party in AMerica and a self professed socialist. (Mr. Young also has another claim to fame... he was one of the founders of the US Postal Worker's Union which is largely responsible for rendering the USPS financially insolvent today.)

2. The Auto Worker union is, for the most part, fully responsible for the mass exodus of manufacturing jobs away from Michigan. The workers weren't satisifed with those "good paying jobs" you admit Detroit was "flooded" with, and joined with the racket of organized labor to milk out more money from the big 3. When the oil crisis hit, the UAW refused to adapt their demands to the reality of the situation and continued to demand higher pay and fewer hours, they sealed their own fates. Yes, by the way, the meat and potatoes of the union movement is very much a socialist one. When you have a mob rules mentality that puts pressure on corporations to equally share revenue and base sallaries on simply being employed rather than on performance and qualifications, that is socialism in action.

3. The TRUE measure of what happened to Detroit is found in a perfect model of why socialism is, by its relationship between principles of socialism and the contradiction of human nature, doomed to fail. As more and more human failures began to live solely off the blood of their hard working neighbors, as more dropped out of school and signed up for the litany of social welfare programs, as more unabashedly demanded the fruits of the labors of those Detroit residents who were actually being productive... the productive LEFT. The real mass exodus from Detroit wasn't the jobs, the manufacturing base, or the companies... it was the people who were sick of funding the lazy lifestyles of those who sat on their asses collecting their welfare and food stamps. Granted, some of those previously productive people opted to just drop out themselves and apply for their weekly checks in exchange for sitting around. Sadly, others watched as enough productive left around them that their jobs ultimately went away, too, even though they were hopeful to stay in Detroit and make a go of things. That said, when all the books are written and the records filed, Detroit will go down as a gigantic failed social petri dish of an experiment in which it was proven, undeniably, that socialism cannot succeed so long as there are those around who believe they are the only ones entitled to the money made from their blood, sweat, and tears.

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.



posted on Jan, 12 2012 @ 02:41 AM
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Detroit didnt fail because of the socialist or labor union.
They failed because 95% of the car they make are rubbish and i'm polite here. Chrysler and GM are 2 useless companies if you ask me. They will be replaced by Chineese and Indian car company because GM and Chryles failed to evolve since the 70's. 40 years pasted away and the market is more free than ever, socialists fault you say?
Also you cant destroy Japan that many times or it will start to be suspicious.



posted on Jan, 12 2012 @ 02:52 AM
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reply to post by eagleeye2
 


Only true of the late 70's onward. Through the mid 70s, Detroit was pumping out exactly what the American people wanted... muscle cars and huge luxury sedans that were high quality, but cost a fortune to fill up with gas (I laugh at this because, even in the midst of the oil crisis the price for filling up a gas guzzler was less than the cheapest gas I've bought since I first got my license.) As far as trucks go, Detroit was the only place that put out a decent full sized until the very late 90s when Toyota debuted the Tundra. Simply put, if you lived in the sticks and needed a pickup truck, Detroit was the only answer for you.



posted on Jan, 12 2012 @ 04:26 AM
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The following is my opinion as a member participating in this discussion.


Originally posted by baphomet420
correction...
detroit is what happens when you flood a city with good paying jobs, then strip the community of those jobs to save your company some money...

the auto companies are in large part to blame for most of the crap in michigan right now...

Actually, to correct you...
Detroit is what happens when you allow unions to run rampant, thereby hyperinflating the cost of manufacture to unsustainable levels. Thus forcing the companies to have to flee the area to find workers who will accept wages that are more in line with their real skill set.

I have worked at one of the big three. I have seen union guys with little more then a HS education making more then people with 4+ year degrees, plus tremendous benefit packages that they are entitled to for the rest of their lives. Many of these guys do little to nothing on a daily basis, and it was never considered unusual to find a union workers “hidey-hole” where they would go to sleep or just avoid work. You could often tell who the union guys were because they were the ones sitting around playing cards while the nonunion engineering guys and contractors were working their butts off.

We used to have guys with computer engineering degrees who were not allowed to move, or even unplug, a computer. A union electrician, usually with little more then a HS education, would have to be called in to do it, and sometimes it would take up to a week before they would show up. We would just go ahead and do union guys work in secret, without calling them, but when we would get caught they would raise hell, file grievances, and flag perfectly good equipment as INOP, even if it was something that was mission critical. See, they only worry about their work if someone else shows they can/will perform it, and they fear losing that easy job, or if they think they can get some personal benefit from filing a union grievance about it.

You know, like it or not, when your levels of overhead reach a point where foreign competitors can manufacture something and sell it here for less then you can, you have to start cutting the budget somewhere. For years they have done so by using inferior materials, which ultimately hurts their sales, as their products do not outlast the competition. The only viable option is to move to where you can work with fewer union generated overhead expenses.

Don’t believe me?
Same EXACT thing happened to all your powerfully unioned airlines…
Eastern, TWA, United, Pan Am, etc…
All either ended up bankrupt, or got their unions busted up and merged into other airlines.

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.


edit on 1/12/2012 by defcon5 because: (no reason given)



posted on Jan, 12 2012 @ 04:29 AM
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posted on Jan, 12 2012 @ 04:35 AM
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Originally posted by luccadeo
Detroit is the prime example of what liberal socialism does to an economy.


In my opinion you are an ignorant individual.
And while we are on the topic, please elaborate on how "liberal socialism" has decimated the national economy.



posted on Jan, 12 2012 @ 04:50 AM
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Unfortunate for the citizens of Detroit....I would try and move to a state that is a bit more closer to black than red. But holy heck all citizens should be drafting warning slips - disciplinary warnings or even suspension slips as profetic slaps on their cogressional bums and endanger there thieving ways of circumventing the system for their own greed & power. Their way to richest would place reg citizens in jail for insider trading, eminent domain kick backs, no bid contracts given to those deep pocketed contributors....while waking every day to do nothing but just pads their pockets as well as their families off the sweat of our backs. While giving themselves the so called leadership pompus pep talk to themselves in route from their second home in Washington heading to their luxurious office on the hill.

Absolutely so starkingly delusional that we are inferior to their greatness living in denial that they all could be kicked to the curb come 2012 and 2014. I am hoping to be confident enough to believe that all Obama supporters have the inteligence enough to see he is not president material and our congressmen and woman definitely don't have the CVitae ot continue holding onto their jobb. .A rubbling is being heard now and hopefully our great conciousness will be a celebratory time of revolutions and revelations that we will not stand for them to take us hostage and enslave us (as I currently scream in my head SHEOPLE please wake up before it is tool late and taking back our conuntry is our inalienable (sp?) right to liberty and the pursuit to happinesss not to become slaves of marxist, commi or facists and placing the white collar criminals into the unemployment lines where way to many have continuely to struggle as the MSM gives up jobless rates and ratios that a 3rd grader could figure out....that is if they arent from a public school


Fellow michiganers....please try and seek out a better place to prosper rather than with their Titanic AND just as I wrote this a thought came to mind to say yea and struggle to find a life boat to save you. All and all - you can never give up hope and seek the light and know there is love and peace to be found.
edit on 12-1-2012 by mcsandy because: (no reason given)



posted on Jan, 12 2012 @ 07:18 AM
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reply to post by mcsandy
 


so now its Obamas fault...

i see...

i guess the fact that detroit was a craphole LONG before Obama was president is null...

yea, its must be his fault...

obama and socialism... lmao...
you guys keep me entertained at least...

im still confused as to why having collective bargaining rights is socialism???
and why its the peoples fault for wanting to earn their fair share???

cooperate greed is the problem...



posted on Jan, 12 2012 @ 08:32 AM
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reply to post by baphomet420
 

The following is my opinion as a member participating in this discussion.

There is a breaking point where the cost to produce an item is more then the item's fair market value. You can try and get people to buy your item based on customer loyalty, which is what the automakers did for years, but eventually people are not going to pay more money for an inferior product.

Everything is based on fair market value. When you're having to pay WAY over that amount for employees and their benefits, that extra money has to come from somewhere. When you have competing products out there that keep the cost of your product in check, that limits what you can pay for overhead.

Like I said, I worked for a US car manufacturer, and you want to know something... I won't buy a US manufactured car because I know that their quality is inferior to the car I drive. Why should I have to pay equal or higher amounts for a inferior product just to pay a bunch of union people a wage that is way above the world average for the type of work they do? Heck its way over what most college educated, high skill set, people earn. Most CCRN's don't make anywhere near what a big three union employee makes.

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.



posted on Jan, 12 2012 @ 08:47 AM
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reply to post by defcon5
 


Same thing happened here in my area. Mack trucks just has a small plant here and moved south a few years ago and is a non-union shop now, making them competitive again.
Anyone remember the Billy Joel song Allentown? Bethlehem Steel went under the same way do to unions and not modernizing the plant. Now that land is being wasted by a Casino. I have spoken with many ex steel workers and as your story about the car unions, it was the same with the steel union.



posted on Jan, 12 2012 @ 11:22 AM
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reply to post by defcon5
 


You can equally blame capitalist for our global free market economy that offers us the best to choose.
Many more socialist countries, like sweden, germany or france offer up cars that actually doesnt handle like a potato.
I think engineers at GM discovered Germany during the mid 2000 and realised cars could go around the corners.
It took 100 years to realised cars wasnt just to drag race on a straight or turn left on an oval.
Fascinating i tell you and nothing to do with socialism or labor since we are talking decision making from the brass.



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