Detroit announces that it will default on its debt today.


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Coming soon to a blue state near you! Detroit announces that it will default on its debt today.

The City currently faces approximately $17 billion in total liabilities. Detroit is insolvent and cannot meet its financial obligations without a significant restructuring.

It is important to note that Detroit has been run exclusively by Democrats for about a half century. Thus, this bankruptcy is an entirely partisan event, supported by voters who blindly insisted on one-party rule, and never questioned the incompetence or corruption of that Democratic Party.

And please, don’t argue with me by mentioning examples where Republicans screwed up. They have their own lock on stupidity, corruption, and failure. The point here, however, is to recognize that the failure in Detroit, as well as all of the recent other cities that have gone bankrupt, is because of decades of liberal Democratic rule, where money got funneled to unionized city employees at the expense of the taxpayers, with no regard to cost or affordability.

And if you doubt me, read this history of Detroit’s last fifty years.

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10 comments

  • the failure in Detroit, as well as all of the recent other cities that have gone bankrupt, is because of decades of liberal Democratic rule, where money got funneled to unionized city employees at the expense of the taxpayers, with no regard to cost or affordability

    Sorry, but that’s wrong. Liberal Democratic rule can’t possibly be the culprit. Pittsburgh has been under liberal Democratic rule for almost a century and it’s nothing like Detroit. Democratic candidates have been elected consecutively to the mayor’s office in Pittsburgh since the Great Depression, and the ratio of Democratic to Republican registrations within the city is 5 to 1 — yet the city thrives. How can this be?

    The answer… is well known to you, and to everybody.

    But you’re not willing to say it out loud.

    Not yet, anyway.

    Why can’t we just face the unpleasant truth about Detroit and deal with it? Why must we keep playing “pretend”?

  • I know you want to blame the black population in Detroit, but just because Pittsburgh has done well under Democratic rule proves nothing. I lived in New York for most of my life, and watched that one-party Democratic city and state steadily crumble. Nor was New York unique. And these cities were not dominated by black politicians.

    It ain’t skin color, man, and if you think so, you are as blind as you claim everyone else is.

  • I respect your well-intentioned adherence to what you believe to be true.

    But the facts are clear. Compare crime rates, murder stats, poverty, per-capita income, property values in Detroit pre-1964 with those in Detroit post-1964.

    Then do the same for Atlanta.

    Birmingham.

    Cleveland.

    Philly.

    Cincinnati.

    St. Louis.

    Gary.

    Chicago.

    Newark.

    New Orleans.

    … to name but a few.

    Then ask yourself: what one thing changed from Before to After? What one factor do these failed cities have in common?

    The answer: the same factor that turned prosperous Rhodesia into impoverished Zimbabwe.

    With respect: I used to hold the same position you do. But the data are clear. And after examining the data, I could only come to one conclusion.

    And, frankly, I don’t care for the conclusion. The reality behind Detroit’s fall is repugnant and distasteful to me.

    But we cannot ignore the truth just because it does not track with what we wish to be true. Honest men are compelled to accept reality as it is.

    And more and more people are doing so every day.

    The unpleasant truth about Detroit and America’s other ruined cities is our great tribal taboo. Today, only voices from the fringe dare speak it aloud. But someday,some well-respected person is going to break that taboo in public. And when the taboo is finally broken, only then will the recovery of Detroit and America’s other blighted cities begin.

    Thank you for allowing me to express my opinion on this topic in your forum.

  • joe

    The racism goes both directions, Detroit’s fall was mostly from corruption and a mayor who used race as his main card, I love the city of Detroit and was born there, Shibes, please be more direct!

  • No thanks. I’ve said all I need to say. I am a guest here and I don’t want to annoy my host by banging on and on about it. Click on the link if you want to read the “direct” truth.

  • joe

    Shibes, if you are talking about Fabien socialism, I get it, read The underground history of American education. Be more direct!

  • Sooo… Robocop already?

  • joe

    Yes, except they cant pay a vendor to deliver it.

  • If you click on the link, Shibes is as direct as they need to be.

  • joe

    Sorry, sometimes I can be a little slow, I clicked on the link and need a little time to digest what I see, in the end this is born out of progressive policy’s that are anything but progressive. The premise that Detroit failed because of segregation and then desegregation may be a valid point, this was the doing of progressive politics that was deliberately divisive.

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