Friday, July 19, 2013

Think I'm big in Detroit city

By day they don't make so many cars, but by day and night they make themselves insolvent;
Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged and its neighborhoods hollowed out by a long, slow decline in population and auto manufacturing.
The filing, which had been feared for months, put the city on an uncertain course that could mean laying off municipal employees, selling off assets, raising fees and scaling back basic services such as trash collection and snow plowing, which have already been slashed.
"Only one feasible path offers a way out," Gov. Rick Snyder said in a letter approving the move.
There ought to be a lesson here; that special interest politics can destroy even the most successful polities if they're left alone, unaccountable, and without any concern for the future. People of Detroit, you got what you deserved.

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