m c
I am a Chicago guy who lives in south Carolina you fucking idiot..
I know what Nikki and crew did
View attachment 162104
Like I said, republicans delivered us millions of lost jobs and a deep recession.
Uhm....
Detroit
View attachment 162106
Greenville south Carolina
View attachment 162107
Detroit
[/
QUOTE]
So you going to tell us Detroit is a great place to visit you stupid fuck...a 1/3rd of the city is gone...
Their has been reports of black bears in the ghetto of detroit...
View attachment 162114 View attachment 162115 View attachment 162116
I'd damn sure rather visit Detroit than Greenville South cacka lackey. If 1/3rd is gone its still 7 times larger than Greenville meaning it has still more attractions. We know there are bad areas in Detroit so what's your fucking point? Greenville South Carolina has a population of 58,000 and is 1/10th the size of Detroit. Yet you compare them like they are the same. That's stupid and you are a dumb ass for trying to make them the same.
Detroit’s Bankruptcy Reflects a History of Racism
Black people are by far the largest racial or ethnic population in Detroit, which has the highest percentage of black residents of any American city with a population over 100,000. Eighty-three percent of the city’s 701,000 residents are black. It continues to be an underreported story that a white state legislature and white governor took over the city and forced it to file for bankruptcy against the will of its elected representatives. It is also underreported that white governors and the white state legislature failed to provide Detroit with its fair share of state tax revenues – a significant contributor to the city’s current financial distress.
Detroit’s bankruptcy plan calls for the near-elimination of the retiree health benefits that city workers earned over the years, as well as drastic cuts in the pensions that retired and current workers have earned and counted on. It is telling, I think, that for the first time since the Michigan constitution was adopted 50 years ago, the governor chose in this case to ignore the Michigan constitution’s guarantee that public employee pension benefits will be paid in full, given that Detroit’s public workforce is majority black and represented by unions that opposed the governor’s election.
Whether as cause or effect, the other key factor was the outmigration of manufacturing jobs, a process that began in the late 1940’s as the auto industry disinvested in Detroit in favor of the surrounding suburbs. The Big 3 later stopped investing in Michigan, leaving devastated cities like Flint and Pontiac in favor of the West, the South, Canada, Mexico and, eventually, Asia.
Government was deeply involved in the racial segregation of the Detroit metropolitan area, as it was in the nation. As early as the 1930’s, the Federal Housing Administration’s underwriting manual instructed mortgage lenders to respect racial covenants, and the Federal Home Loan Bank Board sponsored the development of residential security maps that made most minority neighborhoods off-limits for lending. After World War II, when the G.I. Bill gave subsidized mortgages to millions of veterans, the government’s mortgage lending restrictions effectively excluded blacks. The new homes in the white suburban communities around Detroit were built with G.I. bill money that was denied to most blacks.
Government was involved at a more micro level as well. I grew up in all-white Grosse Pointe, one block from the Detroit city limit. The “Pointe system,” which awarded points that individuals needed to qualify as buyers based on their race and religion, was enforced by realtors and civic associations, by violence and threats of violence, and by legal covenants against selling to a non-white. The Pointe system kept black people from purchasing homes in any of the five Grosse Pointe municipalities during most of the 20th century. Other suburban communities, including Dearborn, the home of the Ford Motor Co., were populated along racial lines and maintained their racial segregation through notorious whites-only policies, the use of racial covenants, mob violence ignored by the police, and even the participation of the police and fire departments in harassing anyone who tried to break the color line.
Detroit’s Bankruptcy Reflects a History of Racism
The Detroit Bankruptcy
The City of Detroit’s bankruptcy was driven by a severe decline in revenues (and, importantly, not an increase in obligations to fund pensions). Depopulation and long-term unemployment caused Detroit’s property and income tax revenues to plummet. The state of Michigan exacerbated the problems by slashing revenue it shared with the city. The city’s overall expenses have declined over the last five years, although its financial expenses have increased. In addition, Wall Street sold risky financial instruments to the city, which now threaten the resolution of this crisis. To return Detroit to long-term fiscal health, the city must increase revenue and extract itself from the financial transactions that threaten to drain its budget even further.
The state of Michigan has exacerbated Detroit’s revenue crisis by slashing $67 million in state revenue sharing with the city. About $24 million dollars of these cuts were due to revenues shared pursuant to the Michigan State Constitution, allocated among cities and towns based on population. Detroit’s allocation was reduced because of population loss in the 2010 census. However, the remaining $42.8 million (64 percent of the total state cuts) were due to statutory revenue sharing and were at the discretion of the state Legislature. By cutting revenue sharing with the city, the state effectively reduced its own budget challenges on the backs of the taxpayers of Detroit (and other cities). These cuts account for nearly a third of the city’s revenue losses between FY 2011 and FY 2013, coming on the heels of the revenue losses from the Great Recession and tipping the city into the cash flow crisis that it is now experiencing. Furthermore, the Legislature placed strict limits on the city’s ability to raise revenue itself to offset these losses.
The Detroit Bankruptcy
Quit while you still got your manhood.
[/
