Obama's America Will Become Detroit

beretta304

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Aug 13, 2012
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A Saner Place
"Our economic success has never come from the top down," said Obama. "It comes from the middle out. It comes from the bottom up."

Obama spoke these words a few miles from Detroit — the reductio ad absurdum of his argument.

If America continues down the road to Obama's America — a road that began when President Franklin Roosevelt started building a welfare state here — our entire nation will become Detroit.

Obama's economic and moral vision has played out in that city. What he seeks has been achieved there.

What happened to Detroit? It is achieving socialism in one city.


Obama said in Michigan that if the federal government does not take more money away from people who have earned it, the public schools may not be able to buy school books. But the Department of Education says that in the Detroit public schools — which have books — only 7 percent of the eight graders are grade-level proficient in reading and only 4 percent are grade-level proficient in math.

School books are not lacking here. Self-reliance, the spirit of individualism, and the Judeo-Christian values that support marriage and family are. They have been driven out by a government that wants the people to depend on it rather than on themselves, their families and their faith.


Obama's America Will Become Detroit | CNS News
 
Bankruptcy specialist gonna straighten Detroit out...
:eusa_eh:
Bankruptcy expert named Detroit emergency manager
14 Mar.`13 — A bankruptcy expert who represented Chrysler during its successful restructuring has been chosen to steer Detroit out of the financial abyss that has swallowed the distressed city, which was once one of the nation's most prosperous.
Gov. Rick Snyder announced Thursday that he had chosen Kevyn Orr, a partner in the Cleveland-based law firm of Jones Day, to be Detroit's emergency manager, a position that gives him broad powers to control all spending. The move makes Detroit the largest city in the U.S. to have its finances placed under state control. "We can rise from the ashes," Orr told a news conference. "This is a beautiful city and a wonderful state that gave me my start. I feel compelled to do this job." Orr's selection was formally approved later by Michigan's Emergency Loan Board.

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This undated photo provided by Jones Day shows attorney Kevyn Orr. Michigan Gov. Rick Snyder announced Thursday, March 14, 2013 that Orr, a bankruptcy expert who represented automaker Chrysler LLC during its successful restructuring, has been named Detroit's emergency manager.

Detroit has lost a quarter of a million people during the last decade and remains saddled with a $327 million budget deficit and more than $14 billion in long-term debt. It has been making ends meet on a month-to-month basis with the help of bond money held in a state escrow account. The city has also instituted mandatory unpaid days off for many city workers. When he met with Snyder, Orr said, he called the manager job "an unsung hero task." He asked the governor why he would bother to help the city. Snyder's response was: "Kevyn, it's the right thing to do, and it's the right time to do it."

The new manager said he relished the challenge, even though it meant up giving up his successful job with the law firm. "It's not that I'm altruistic, but if we can do this, I will have participated in one of the greatest turnarounds in the history of this country," Orr said. The emergency manager will have wide-ranging authority to mend the city's budget, including renegotiating labor contracts, selling off assets and even suspending elected officials' salaries. Bing and the City Council will keep their jobs, but the manager will decide all financial matters. And only the manager will have the power to authorize the city to pursue bankruptcy.

A state-appointed review team previously determined that Detroit's cash deficit meant the city would have to either increase revenues or cut spending — or both — by about $15 million per month for three months starting in January to "remain financially viable." Those troubles, and the struggles of Mayor Dave Bing and the City Council to present a workable turnaround plan, led Snyder to turn to Orr. "The bottom line here is that we must stop fighting each other," Bing said Thursday. "We must start to work together. I'm happy that now I've got teammates. I've got partners that can help me do things that need to be done in our city."

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