Recommended Reading: The Detroit Bankruptcy

[formercia]

July 31, 2013
by John Light

This roundup pulls together several thought-provoking articles and columns on Detroit’s bankruptcy and what it says about the past and future of America’s cities.



http://billmoyers.com/2013/07/31/recommended-reading-the-detroit-bankruptcy/

[SunSeeker]

1. Great collection of articles on Detroit. The Nation's Zirin article is the best.

Yes, the very week Michigan Governor Rick Snyder granted a state-appointed emergency manager’s request to declare the Motor City bankrupt, the Tea Party governor gave a big thumbs-up to a plan for a new $650 million Detroit Red Wings hockey arena. Almost half of that $650 million will be paid with public funds,” Zirin writes.

http://billmoyers.com/2013/07/31/on-vultures-and-red-wings-billionaire-gets-new-sports-arena-in-bankrupt-detroit/

That fact should be raised EVERY time a bagger talks about the greedy union retirees and there "gilded" $19,000/yr. (average) pensions. When those pensions are slashed, what the fuck do they think these people will do? Yup, they will go on welfare. And who the fuck do they think is going to be able to afford to go to Red Wings games when everyone is on welfare?