U.S.A.: The Next Detroit (liberals this Article is fot you)
May 12, 2014 02:52:39 #
USA: The Next Detroit
One of the most important things to remember about socialism or coercion of any kind is it fails eventually because human beings have an innate desire for liberty and a strong need for personal property rights. In fact, the origins of government lie in the need of agricultural communities to protect themselves from violence and theft. So it is particularly ironic that in more recent times, it is government itself that has more frequently played the role of bandit.
When you start taxing people at extreme rates to pay for socialist "benefits," when you start telling them which schools their children must attend, when you start giving jobs away to people based on race instead of ability you quash human freedom, which bogs down productivity, and if continued for long enough, leads to social collapse.
I find it perplexing that only 20 years after the collapse of the Berlin Wall, the West continues to implement laws that mimic all of the failed policies of our former "c*******t" foes. Our current president won the e******n by promising to "spread the wealth around." But t***h be told we don't have to look to Eastern Europe or the Soviet Union to find a society destroyed by coercion, socialism, and the overreaching power of the State. We could just look at Detroit
In 1961, the last Republican mayor of Detroit lost his re-e******n bid to a young, intelligent Democrat, with the overwhelming support of newly organized black v**ers. His name was Jerome Cavanagh. The incumbent was widely considered to be corrupt (and later served 10 years in prison for tax evasion). Cavanagh, a white man, pandered to poor underclass black v**ers.
He marched with Martin Luther King down the streets of Detroit in 1963. (Of course, marching with King was the right thing to do It's just Cavanagh's motives were political, not moral.) He instated aggressive affirmative action policies at City Hall. And most critically, he greatly expanded the role of the government in Detroit, taking advantage of President Lyndon Johnson's "Model Cities Program" the first great experiment in centralized urban planning.
Mayor Cavanagh was the only elected official to serve on Johnson's task force. And Detroit received widespread acclaim for its leadership in the program, which attempted to turn a nine-square-mile section of the city (with 134,000 inhabitants) into a "model city." More than $400 million was spent trying to turn inner cities into shining new monuments to government planning. In short, the feds and Democratic city mayors were soon telling people where to live, what to build, and what businesses to open or close. In return, the people received cash, training, education, and health care.
The Model Cities program was a disaster for Detroit. But it did accomplish its real goal: The creation of a state-supported, Democratic political power base. The program also resulted in much higher taxes which were easy to pitch to poor v**ers who didn't have to pay them. Cavanagh pushed a new income tax through the state legislature and a "commuter tax" on city workers.
Unfortunately, as with all socialist programs, lots of folks simply don't like being told what to do. Lots of folks don't like being plundered by the government. They don't like losing their jobs because of their race.
In Detroit, they didn't like paying new, large taxes to fund a largely black and Democratic political hegemony. And so in 1966, more than 22,000 middle- and upper-class residents moved out of the city.
But what about the poor? As my friend Doug Casey likes to say, in the War on Poverty, the poor lost the most. In July 1967, police attempted to break up a late-night party in the middle of the new "Model City." The scene turned into the worst race r**t of the 1960s. The violence k**led more than 40 people and left more than 5,000 people homeless. One of the first stores to be l**ted was the black-owned pharmacy.
The largest black-owned clothing store in the city was also burned to the ground. Cavanagh did nothing to stop the r**ts, fearing a large police presence would make matters worse. Five days later, Johnson sent in two divisions of paratroopers to put down the i**********n. Over the next 18 months, an additional 140,000 upper- and middle-class residents almost all of them white left the city.
And so, you might rightfully ask after five years of centralized planning, higher taxes, and a fleeing population, what did the government decide to do with its grand experiment, its "Model City"? You'll never guess
Seeing it had accomplished nothing but failure, the government endeavored to do still more. The Model City program was expanded and enlarged by 1974's Community Development Block Grant Program. Here again, politicians would decide which groups (and even individuals) would receive state funds for various "renewal" schemes. Later, Big Business was brought into the fold. In exchange for various concessions, the Big Three automakers "gave" $488 million to the city for use in still more redevelopment schemes in the mid-1990s.
What happened? Even with all their power and money, centralized planners couldn't succeed with any of their plans. Nearly all of the upper and middle classes left Detroit. The poor fled, too. The Model City area lost 63% of its population and 45% of its housing units from the inception of the program through 1990.
Even today, the crisis continues. At a recent auction of nearly 9,000 seized homes and lots, less than one-fifth of the available properties sold, even with bidding starting at $500. You literally can't give away most of the "Model City" areas today. The properties put up for sale last week represented an area the size of New York's Central Park. Total vacant land in Detroit now occupies an area the size of Boston. Detroit properties in foreclosure have more than tripled since 2007.
Every single mayor of Detroit since 1961 has been a Democrat. Every single mayor of Detroit since 1974 has been black. Detroit has been a major recipient of every major social program since the early 1960s and has received hundreds of billions of dollars in government grants, loans, and programs. We now have a black, Democrat president, who is promising to do to America as a whole what his political mentors have done to Detroit.
Those of you with a Democratic political affiliation may think what I've written above is biased or false. You may think what you like. But there is no way to argue that what the government has done to Detroit is anything but a horrendous crime. You may think what I've written above is merely a political analysis. Perhaps so, but politicians drive macroeconomic policy. And macroeconomic policy determines key financial metrics, like the trade-weighted value of a currency and key interest rates.
The likelihood America will become a giant Detroit is growing rapidly. Politicians now control the banking sector, most of the manufacturing sector (including autos), a large amount of media, and are threatening to take over health care and the production of electricity (via cap and trade rules). These are the biggest threats to wealth in the history of our country. And these threats are causing the world's most accomplished and wealthy investors to actively short-sell the United States something that is unprecedented in my experience.
One of the most important things to remember about socialism or coercion of any kind is it fails eventually because human beings have an innate desire for liberty and a strong need for personal property rights. In fact, the origins of government lie in the need of agricultural communities to protect themselves from violence and theft. So it is particularly ironic that in more recent times, it is government itself that has more frequently played the role of bandit.
When you start taxing people at extreme rates to pay for socialist "benefits," when you start telling them which schools their children must attend, when you start giving jobs away to people based on race instead of ability you quash human freedom, which bogs down productivity, and if continued for long enough, leads to social collapse.
I find it perplexing that only 20 years after the collapse of the Berlin Wall, the West continues to implement laws that mimic all of the failed policies of our former "c*******t" foes. Our current president won the e******n by promising to "spread the wealth around." But t***h be told we don't have to look to Eastern Europe or the Soviet Union to find a society destroyed by coercion, socialism, and the overreaching power of the State. We could just look at Detroit
In 1961, the last Republican mayor of Detroit lost his re-e******n bid to a young, intelligent Democrat, with the overwhelming support of newly organized black v**ers. His name was Jerome Cavanagh. The incumbent was widely considered to be corrupt (and later served 10 years in prison for tax evasion). Cavanagh, a white man, pandered to poor underclass black v**ers.
He marched with Martin Luther King down the streets of Detroit in 1963. (Of course, marching with King was the right thing to do It's just Cavanagh's motives were political, not moral.) He instated aggressive affirmative action policies at City Hall. And most critically, he greatly expanded the role of the government in Detroit, taking advantage of President Lyndon Johnson's "Model Cities Program" the first great experiment in centralized urban planning.
Mayor Cavanagh was the only elected official to serve on Johnson's task force. And Detroit received widespread acclaim for its leadership in the program, which attempted to turn a nine-square-mile section of the city (with 134,000 inhabitants) into a "model city." More than $400 million was spent trying to turn inner cities into shining new monuments to government planning. In short, the feds and Democratic city mayors were soon telling people where to live, what to build, and what businesses to open or close. In return, the people received cash, training, education, and health care.
The Model Cities program was a disaster for Detroit. But it did accomplish its real goal: The creation of a state-supported, Democratic political power base. The program also resulted in much higher taxes which were easy to pitch to poor v**ers who didn't have to pay them. Cavanagh pushed a new income tax through the state legislature and a "commuter tax" on city workers.
Unfortunately, as with all socialist programs, lots of folks simply don't like being told what to do. Lots of folks don't like being plundered by the government. They don't like losing their jobs because of their race.
In Detroit, they didn't like paying new, large taxes to fund a largely black and Democratic political hegemony. And so in 1966, more than 22,000 middle- and upper-class residents moved out of the city.
But what about the poor? As my friend Doug Casey likes to say, in the War on Poverty, the poor lost the most. In July 1967, police attempted to break up a late-night party in the middle of the new "Model City." The scene turned into the worst race r**t of the 1960s. The violence k**led more than 40 people and left more than 5,000 people homeless. One of the first stores to be l**ted was the black-owned pharmacy.
The largest black-owned clothing store in the city was also burned to the ground. Cavanagh did nothing to stop the r**ts, fearing a large police presence would make matters worse. Five days later, Johnson sent in two divisions of paratroopers to put down the i**********n. Over the next 18 months, an additional 140,000 upper- and middle-class residents almost all of them white left the city.
And so, you might rightfully ask after five years of centralized planning, higher taxes, and a fleeing population, what did the government decide to do with its grand experiment, its "Model City"? You'll never guess
Seeing it had accomplished nothing but failure, the government endeavored to do still more. The Model City program was expanded and enlarged by 1974's Community Development Block Grant Program. Here again, politicians would decide which groups (and even individuals) would receive state funds for various "renewal" schemes. Later, Big Business was brought into the fold. In exchange for various concessions, the Big Three automakers "gave" $488 million to the city for use in still more redevelopment schemes in the mid-1990s.
What happened? Even with all their power and money, centralized planners couldn't succeed with any of their plans. Nearly all of the upper and middle classes left Detroit. The poor fled, too. The Model City area lost 63% of its population and 45% of its housing units from the inception of the program through 1990.
Even today, the crisis continues. At a recent auction of nearly 9,000 seized homes and lots, less than one-fifth of the available properties sold, even with bidding starting at $500. You literally can't give away most of the "Model City" areas today. The properties put up for sale last week represented an area the size of New York's Central Park. Total vacant land in Detroit now occupies an area the size of Boston. Detroit properties in foreclosure have more than tripled since 2007.
Every single mayor of Detroit since 1961 has been a Democrat. Every single mayor of Detroit since 1974 has been black. Detroit has been a major recipient of every major social program since the early 1960s and has received hundreds of billions of dollars in government grants, loans, and programs. We now have a black, Democrat president, who is promising to do to America as a whole what his political mentors have done to Detroit.
Those of you with a Democratic political affiliation may think what I've written above is biased or false. You may think what you like. But there is no way to argue that what the government has done to Detroit is anything but a horrendous crime. You may think what I've written above is merely a political analysis. Perhaps so, but politicians drive macroeconomic policy. And macroeconomic policy determines key financial metrics, like the trade-weighted value of a currency and key interest rates.
The likelihood America will become a giant Detroit is growing rapidly. Politicians now control the banking sector, most of the manufacturing sector (including autos), a large amount of media, and are threatening to take over health care and the production of electricity (via cap and trade rules). These are the biggest threats to wealth in the history of our country. And these threats are causing the world's most accomplished and wealthy investors to actively short-sell the United States something that is unprecedented in my experience.
May 12, 2014 04:30:38 #
You got it wrong Steve; Detroit's demise is caused by r****t Republican obstructionism and Right-wing media gloating and rooting for their failures. Kos and MSNBC both said as much...
Steve700 wrote:
USA: The Next Detroit br br One of the most imp... (show quote)
May 12, 2014 06:33:28 #
lpnmajor
Loc: Arkansas
Steve700 wrote:
USA: The Next Detroit br br One of the most imp... (show quote)
Since those wealthy investors are stockpiling their wealth overseas and have been for some time, nothing will change, other than their ability to syphon off more of THIS countries wealth. Had these people been reinvesting their money HERE, instead of hiding it THERE, you might have had a point. Our Gov. is allowing American wealth to be diverted, rather than reinvested. THIS is why there are no jobs, deficit spending and an increasing National debt. It is also why there is increasing need for "handouts", that's why the welfare budget increased by 1%, to 11% for 2014. Since DoD, Federal pensions and healthcare account for 72% of the budget, I'm afraid you'll have to look away from liberals for your scapegoat. They have never had enough power to soak up that much of the budget and still don't.
May 12, 2014 11:36:21 #
docwill wrote:
Are you trying to be funny or are you really that lamebrain stupid? I mean REALLY; are you that much of a Stupid programed Marxist libtard obamabot? I guess you get your news from the likes of MSNBC, John Stuart, Bill Marr & David Letterman who are all up to their eyeballs in bull s**t. (Not that they're not intelligent -you've got to be, to come up with that much bull s**t that sounds like you've got a point.) No wonder you think your enlightened in your confusion.You got it wrong Steve; Detroit's demise is caused by r****t Republican obstructionism and Right-wing media gloating and rooting for their failures. Kos and MSNBC both said as much...
May 12, 2014 11:44:15 #
May 12, 2014 11:55:49 #
lpnmajor wrote:
Your full of crap too. Why would they want to invest here with the wealth diverter in chief; the leader of the redistribution revolution regulating the hell out of businesses both large and small. His primary agenda is to rob our wealth to bring us down and make us equal with the rest of the world so that we can be acclimated into the New World order. I'll bet you v**ed for Obama too. The liberals are no scapegoats; they are the direct cause of the massive corruption and deplorable conditions of cities like Detroit, Flint Michigan Oakland California and two thirds of Miami and every other long-term Democrats only run cities. How lame can you get, to blame wealthy investors for not wanting to invest there.Since those wealthy investors are stockpiling thei... (show quote)
We have pictures of well loved U.S. Presidents on all our denominations of currency
we have someone to put on the food stamp!
Barak Obama, Leader of America's Wealth Redistribution Revolution
May 12, 2014 13:17:35 #
May 12, 2014 16:56:11 #
Steve700 wrote:
Are you trying to be funny or are you really that lamebrain stupid? I mean REALLY; are you that much of a Stupid programed Marxist libtard obamabot? I guess you get your news from the likes of MSNBC, John Stuart, Bill Marr & David Letterman who are all up to their eyeballs in bull s**t. (Not that they're not intelligent -you've got to be, to come up with that much bull s**t that sounds like you've got a point.) No wonder you think your enlightened in your confusion.
"Dude," it's satire...
May 12, 2014 17:05:49 #
Dave
Loc: Upstate New York
lpnmajor wrote:
Since those wealthy investors are stockpiling thei... (show quote)
Our government isn't allowing retaining wealth offshore - it is causing it. As to federal pensions and healthcare costs at the federal level, you don't want us to believe you mean to blame these on conservatives, do you - seriously?
May 13, 2014 10:04:45 #
Hi. Steve. Is this the Det- r**t we are talking about ? I was there to pick up one of the first 'Mercury Cougars' in early 1967. At the time I thought it was a nice place. Your time frame is about right. You can feed some of the people some of the time, but you can't feed all the people all the time.
May 13, 2014 13:00:11 #
docwill wrote:
You got it wrong Steve; Detroit's demise is caused by r****t Republican obstructionism and Right-wing media gloating and rooting for their failures. Kos and MSNBC both said as much...
docwill: Who let you out of the mental institution....one sick puppy!!!!
May 13, 2014 13:04:54 #
Its the republicans that made Kilpatrick steal all that money from the people.
"The federal investigation of Detroit City Hall corruption that led to the conviction of former Detroit Mayor Kwame Kilpatrick and many others began in 2007. Ultimately Kilpatrick was sentenced on Oct. 10, 2013, to 28 years in prison for turning City Hall into a money-making criminal enterprise.
Kilpatrick was found in guilty earlier this year on 24 counts, including racketeering, extortion, bribery and tax evasion. His friend and co-defendant, contractor Bobby Ferguson, was found guilty of nine crimes.
Kilpatrick's sentencing, one of the harshest corruption sentences in U.S. history, follows the corruption convictions of at least 18 city officials and 16 private individuals.
From The Detroit News: http://www.detroitnews.com/article/99999999/METRO/100623001#ixzz31cH1h2sG
"The federal investigation of Detroit City Hall corruption that led to the conviction of former Detroit Mayor Kwame Kilpatrick and many others began in 2007. Ultimately Kilpatrick was sentenced on Oct. 10, 2013, to 28 years in prison for turning City Hall into a money-making criminal enterprise.
Kilpatrick was found in guilty earlier this year on 24 counts, including racketeering, extortion, bribery and tax evasion. His friend and co-defendant, contractor Bobby Ferguson, was found guilty of nine crimes.
Kilpatrick's sentencing, one of the harshest corruption sentences in U.S. history, follows the corruption convictions of at least 18 city officials and 16 private individuals.
From The Detroit News: http://www.detroitnews.com/article/99999999/METRO/100623001#ixzz31cH1h2sG
May 13, 2014 13:19:45 #
Steve700 wrote:
Your full of crap too. Why would they want to inve... (show quote)
-------
It looks like you didn't see where your car was made. I don't know of very many poor libs who drive a Mercedes. I do know a lot of Reps that do.
May 13, 2014 14:24:20 #
Dave
Loc: Upstate New York
alabuck wrote:
-------
It looks like you didn't see where your car was made. I don't know of very many poor libs who drive a Mercedes. I do know a lot of Reps that do.
It looks like you didn't see where your car was made. I don't know of very many poor libs who drive a Mercedes. I do know a lot of Reps that do.
You need to get around a bit more with open eyes and mind
May 13, 2014 14:59:00 #
ldsuttonjr wrote:
docwill: Who let you out of the mental institution....one sick puppy!!!!
I'd like to say it was a clever troll; didn't think anyone would see it as other than satiric...
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