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02-20-2013, 05:53 AM
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#1
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Gator Country Diamond
Join Date: Apr 2007
Location: Greenville SC
Posts: 26,016
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Detroit expected to go bankrupt next week.
Should be announced sometime next week that the state will have to take it over.
The liberal utopia will soon wither to nothing. Our government is following in it's footsteps.
The story of Detroit's decline is decades old: Its tax revenue and population have shrunk and labor costs have remained out of sync.
LABOR COSTS ARE OUT OF SYNC......Hmmmmm.
The LABOR costs are almost half of the entire budget.....
The city's labor costs, including health care and pensions, are shrinking in absolute terms but rising as a share of the budget.
They are slated to drop to $968 million, or nearly 49.5 percent of the operating budget, in the fiscal year ending June 30 versus $1.14 billion, or 45.5 percent, a year earlier. A bankruptcy would be messy.
One of the city's biggest challenges is its complex set of labor agreements with a whopping 48 bargaining units that represent most of the city's workforce.
__________________
Coach Muschamp: When I saw that we hired you I was very upset due to your clinics while you were at Auburn on "How to stop Florida's offense." Yes you did stop our offense very well while there but yes I was holding a grudge. From the day you got here and every time I hear you speak and your excitement about coaching our Gators, working your tale off and being a straight shooter, you are now one of my all time favorite coaches. Thanks coach.
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02-20-2013, 07:59 AM
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#2
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Moderator
Join Date: Apr 2007
Location: Gainesville, FL
Posts: 13,027
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Didn't Miami go bankrupt three times?
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02-20-2013, 08:19 AM
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#3
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Heisman Candidate
Join Date: May 2007
Posts: 2,417
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This is one of the reasons why the unions have funded Obama. They saw their Utopian ideal come crashing down on their heads with nowhere else to turn. Needed to take over the NLRB to remain viable. And I think they have played it out well...for them, not for the country.
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02-20-2013, 08:37 AM
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#4
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Heisman Finalist
Join Date: Apr 2011
Posts: 4,326
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@busigator96 - Detroit is no Miami.
Last edited by PSGator66; 02-20-2013 at 08:37 AM.
Reason: spell
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02-20-2013, 10:10 AM
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#5
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Gator Country Silver
Join Date: Apr 2007
Posts: 11,068
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Birmingham's been in bankruptcy for years. Union or not, all you have to do is look at the political leaders calling the shots in these cities to figure out why.
F'n crooks and idiots..
http://money.cnn.com/2008/10/13/news...tune/index.htm
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02-20-2013, 11:41 AM
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#6
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Moderator
Join Date: Apr 2007
Location: Gainesville, FL
Posts: 13,027
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Quote:
Originally Posted by PSGator66
@busigator96 - Detroit is no Miami.
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what does that mean exactly?
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02-20-2013, 12:06 PM
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#7
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Gator Country Diamond
Join Date: Apr 2007
Posts: 25,607
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Almost every city has neighborhoods that were once full and vibrant and have now decayed. But Detroit has taken that to a whole new level. Vast areas not just decayed, but fully abandoned.
Truly awful.
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02-20-2013, 12:12 PM
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#8
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Premium Member
Join Date: Jun 2007
Location: The Irish Riviera
Posts: 24,475
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Yeah, there is zero real estate market in Detroit
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02-20-2013, 12:52 PM
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#9
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Premium Member
Join Date: Apr 2007
Posts: 7,150
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Example 7,432 why unionizing public workers hurts the citizenry....but demos don't care about people like that I guess.....
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02-20-2013, 02:01 PM
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#10
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Gator Country's Ring of Honor
Join Date: Apr 2007
Posts: 62,378
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Another consummate Blue City goes belly-up.
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02-20-2013, 02:08 PM
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#11
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Heisman Finalist
Join Date: Jan 2010
Location: Inside your head.
Posts: 3,966
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Lots of real estate bargains in Detroit.
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02-20-2013, 02:10 PM
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#12
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Heisman Finalist
Join Date: Jan 2010
Location: Inside your head.
Posts: 3,966
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Here's another steal.
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02-20-2013, 02:12 PM
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#13
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Heisman Finalist
Join Date: Jan 2010
Location: Inside your head.
Posts: 3,966
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Looking for a mansion? Look no further.
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02-20-2013, 02:16 PM
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#14
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Heisman Finalist
Join Date: Jan 2010
Location: Inside your head.
Posts: 3,966
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Many affordable neighborhoods are convenient to downtown.
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02-20-2013, 02:19 PM
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#15
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Heisman Finalist
Join Date: Jan 2010
Location: Inside your head.
Posts: 3,966
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__________________
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02-20-2013, 02:24 PM
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#16
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Heisman Finalist
Join Date: Jan 2010
Location: Inside your head.
Posts: 3,966
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Looking to relocate your business? We've got just the spot.
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02-20-2013, 02:32 PM
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#17
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Gator Country Diamond
Join Date: Apr 2007
Posts: 25,607
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Quote:
Originally Posted by wargunfan
Lots of real estate bargains in Detroit. |
truly depressing
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02-20-2013, 02:34 PM
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#18
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Heisman Finalist
Join Date: Apr 2011
Posts: 4,326
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A lot of Detroit looks like a war zone. Someone sent emails comparing it to actual war torn places in the world and it fit right in.
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02-20-2013, 02:37 PM
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#19
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Gator Country Diamond
Join Date: Apr 2007
Posts: 25,607
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Some area there have had so many houses demolished that they look ready to go back to being rural.
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02-20-2013, 02:40 PM
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#20
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Premium Member
Join Date: Jan 2010
Location: Maine
Posts: 6,369
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Quote:
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Originally Posted by rivergator
Some area there have had so many houses demolished that they look ready to go back to being rural.
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A direction they need to go.
__________________
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There was nothin to set a man's mind at ease like wakin up in the morning and not havin to decide who you were.
C. McCarthy
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