Do not bail out Detroit

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The debate currently going on regarding whether the federal government should bail out Detroit has a very simple answer: No.

While we all feel very sorry and have a lot of compassion for the people of Detroit and the people who might lose their pensions, those same people are the ones who were members of the unions, and also voted for the politicians who supported these unsustainable pension plans. Perhaps this is a lesson to all people who make decisions in their life.

Maybe we all should try to be more informed and know the consequences of our actions when we walk in to a ballot box and vote for a politician, or vote to be a part of a union that ultimately will make bad decisions and bankrupt a company, city, state or country.

The lack of being informed and being able to think long-term is an epidemic in our country, and is way bigger than Detroit and way bigger than pension plans. Why should the rest of the people, who are trying to make the right decisions and have been making sacrifices in their life, now be forced to bail out those who have not? That should be the real debate.

Frank Chandler

Augusta

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soldout
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soldout 08/17/13 - 04:21 am
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excellent letter

Do the cities in trouble in this country have liberal or conservative leaders?

Riverman1
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Riverman1 08/17/13 - 05:44 am
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Detroit is the Edsel

Detroit is the Edsel of cities. Tear everything down, plow it up and salt the earth.

deestafford
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deestafford 08/17/13 - 06:30 am
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Detroit started going down hill after the race riots of the 60s.

When it elected as its mayor Harold Washington, a black separatist who began to rule the city with a black spoils system, businesses and the producers began to flee the city. Operating a business became so onerous that it became almost impossible to survive and make a profit. As a result, both blacks and whites left.

Couple this black spoils system with the union demands and a succession of corrupt mayors and city councils and you have the disaster we now call Detroit.

No, we should not bail out Detroit.

corgimom
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corgimom 08/17/13 - 06:39 am
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Who is debating this? Nobody

Who is debating this? Nobody I know!

Cities go bankrupt, it all works out.

Pension plans- another Ponzi scheme

david jennings
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david jennings 08/17/13 - 08:24 am
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I'm braced for it

No we shouldn't bail out Detroit, but I bet the feds do.

soapy_725
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soapy_725 08/17/13 - 08:34 am
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1970 riots? City decaying? Incompetent leaders? ARC Village?
Unpublished

1970 riots? City decaying? Incompetent leaders? ARC Village?

soapy_725
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soapy_725 08/17/13 - 08:35 am
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MoTown moves to downtown ARC. Sore Eye. Sore Eye.
Unpublished

MoTown moves to downtown ARC. Sore Eye. Sore Eye.

avidreader
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avidreader 08/17/13 - 08:59 am
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Canada!

A recent editorial in the Des Moines, Iowa newspaper suggested that we sell Detroit to the Canadians. Sounds good to me. The Canadians, without any interference from the free-spending U.S., will have Detroit back up and running profitably within ten years. The only problem I see is where are half a million entitlement-laden citizens going to relocate?

seenitB4
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seenitB4 08/17/13 - 09:30 am
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News flash

They have already started to relocate....some right here in good ole GEORGIA.....the problem is... they bring their thinking with them!

Darby
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Darby 08/17/13 - 10:34 am
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"..........plow it up and salt the earth"

Now that may be a bit harsh. Salting the earth carries the connotation that you want nothing to ever "grow" there again.

No, that's not the answer. But the solution does lie with the people of Detroit. Their only hope is they have seen the errors of their past, pull together to bring that once great city back from the ashes.

Detroit will, almost certainly, never be more than a shadow of what it was, but it can be healthy and self-sustaining and productive again.

That is, if it's economy is decentralized and government can resist the temptation to socialize and micromanage every little detail.

RunningMan
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RunningMan 08/17/13 - 12:32 pm
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Stop Making This An Issue

No one is debating a bailout for Detroit, so lets not make this an issue for no reason other than to get folks excited for nothing. Find something legitimate to discuss. Detroit is not the first nor will they be the last city to go bankrupt and not get a government bailout.

rmwhitley
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rmwhitley 08/17/13 - 12:35 pm
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The naacp,
Unpublished

cbc, sclc, splc, aclu, urban league and their sisters the democrats are excellent extortionists. Let them get the goods on Vladimir Putin ( he doesn't care for gays, nor do I when they want special treatment) and force him to restore detroit or deny Russia next years Olympic Games.

validPoint
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validPoint 08/17/13 - 12:52 pm
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Confusion of cities

@deestafford, Harold Washington was never the mayor of Detroit. For a brief time, he was the mayor of Chicago. Yes, he was a black man, but he had nothing to do with the riots in Detroit. It would be a good thing for folk to stand by the things they are aware of. When they do not, the potential to spred lies, and un-necessary problems have a way of popping up.

lovingthesouth72
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lovingthesouth72 08/17/13 - 12:58 pm
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no money

Let's look at the facts: the government has no money, so they can't bail out Detroit. Common sense decision, which lacks in Washington at this time.

Little Lamb
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Little Lamb 08/17/13 - 03:07 pm
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Bail Out

Let us remember what a "bail out" is — it is a sugar daddy riding in to the rescue and cover the redemption of Detroit's municipal bonds. In other words, it is the bail out of the fat cats.

When you buy a municipal bond, you know (if you read the prospectus) that your bond can decrease in value. It can even decrease to practically zero.

Those fat cats do not need to be bailed out. They will do just fine.

Young Fred
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Young Fred 08/17/13 - 05:50 pm
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The letter writer is actually

The letter writer is actually advocating for personal responsibility?! What century is he from? We all know that is simply ludicrous! As a matter of fact, I'm surprised he was even allowed to say such a thing.

Mr. Chandler, Nurse Ratchet will be coming to see you soon.

Young Fred
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Young Fred 08/17/13 - 05:53 pm
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RunningMan

Are you serious, or are you bledsoe?

Do you actually believe the feds will let this happen?

Wow, just wow!!!

chascushman
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chascushman 08/17/13 - 06:02 pm
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Detroit is not the first nor
Unpublished

Detroit is not the first nor will they be the last city to go bankrupt"
runningman, one thing all the bankrupt cities have in common is THEY ARE ALL RUN BY LIBERALS/PROGRESSIVES/DEMOCRATS.

corgimom
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corgimom 08/17/13 - 08:09 pm
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It doesn't matter if the city

It doesn't matter if the city leaders are liberals or conservatives, it's been known for years that the next big economic scandal in the US are pension plans.

They are unsustainable Ponzi schemes and they are going to blow up way sooner than Social Security, and the impact will be felt by every single American.

It's just that the Democrat-led cities are smart enough to blow them up now and declare BK so people can forget about it before the elections. They are smart, smart, smart, smarter than the conservative-led cities who are still looking around, dazed and confused, and trying to figure out how to fix what is unfixable.

But many more are coming, and all of you are in for a big surprise if you think it's a liberal thing.

KSL
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KSL 08/17/13 - 09:31 pm
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Retirement plans rarely go

Retirement plans rarely go bankrupt if people have to be responsible for their own. We have both borrowed and done without to fund our own. Of course we have always done the same with health and life insurance.

We would have a little bit more in our sep if my husband could have funded his account the first year he went on his own. He was deemed to have been covered by an employer plan even though it didn't in any way vest because he was just short of the 5 years it took.

Which government was at fault? The city government that put into a retirement fund as part of your salary you didn't get to take home, but you could not start to benefit from it totally until you had worked 10 years, or the federal government that did not allow you to contribute to an IRA/SEP if you have been so-called covered by an employer retirement plan.

That was an IRS decision, for all who are in favor of obamacare.

validPoint
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validPoint 08/17/13 - 10:07 pm
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Too numerous to pin-point

When Detroit ceased to be the "motor city" and foreign imports dominated the "tunnel vision" Detroit placed on the "big three" (Ford, Chrysler and GM) things began to shake, and executives moved out although Ford exceeded its stability by addressing and servicing the needs of the people. Then came the Renaissance center which became a 'white elephant" that nobody wanted. Prior to that, the J.L. Hudson Company and Crowley's had already caught the "drift" and moved completely out from downtown. All these thing broke my heart because the place is the birthplace of my first born, and presently, it seems as though I never lived there. Poor decision making will break anything down, this is a prime example, and no entity is exempt from making bad decisions, only some have a little bit more to loose. Actually, the downfall of Detroit began before the sixties. It just so happens that during the sixties things became a little more pronounced, but the reasons are actually too numerous to pin point.

deestafford
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deestafford 08/17/13 - 10:52 pm
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valid point. You make a valid point about Washington being

the mayor of Chicago and not Detroit. I had a brain cramp. The black mayor whose name I can't remember was elected after the riots and went into the black power attitude and instituted with the aid of a willing city council many policies which cause both black and white businesses to flee the city. Policies such as work man comp rates being out of site, employment practices etc.

Talk with any black person who had a business in the city at that time and they will tell you the same thing. I don't want to give the impression this all happened overnight because it took a number of years.

Thanks for setting me straight on the names. The rest of my comment is still valid.

Bantana
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Bantana 08/17/13 - 11:16 pm
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avidreader

You wrote: " The only problem I see is where are half a million entitlement-laden citizens going to relocate?"

Maybe those self-reliant Canadians will take them in? At least those folks would then be able to have the benefit of "socialized medicine".
Former Gov. Palin found a way to slip over the border for some of those goodies.

chascushman
6653
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chascushman 08/18/13 - 08:32 am
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" Which government was at
Unpublished

" Which government was at fault?"
KSL, This happens to almost every city run by liberals, democrats for a long time. The same leadership that destroyed Detroit is now in Washington.

chascushman
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chascushman 08/18/13 - 08:35 am
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"At least those folks would
Unpublished

"At least those folks would then be able to have the benefit of "socialized medicine".
Former Gov. Palin found a way to slip over the border for some of those goodies."
Bantana, they would have to stand in line to be treated. That is the reason many Canadians are coming here for treatment.

chascushman
6653
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chascushman 08/18/13 - 08:47 am
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"The black mayor whose name I
Unpublished

"The black mayor whose name I can't remember was elected after the riots and went into the black power attitude and instituted with the aid of a willing city council many policies which cause both black and white businesses to flee the city."
deestafford, I am not a republican. You must be talking about Coleman Young who was elected mayor in the early 70s and was mayor for 20 yrs. Republicans ran Detroit until the 60s and Detroit did very well. After the democrats took over the city started going down which is case in most cities they run. .

Bantana
2071
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Bantana 08/18/13 - 02:13 pm
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Canandians have a choice

I don't know how many Canadians you come into contact with, but I travel to Toronto several times a year and count a couple of dozen Canadians as friends and not a single one of those fine people have ever considered coming to the USA for treatment. Among the most affected, one of those had terrible injuries from a motorcycle accident requiring numerous surgeries and another had small cell lung cancer. Both of those folks had only great things to say about the expert, timely and compassionate care they received. Those are the facts.

chascushman
6653
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chascushman 08/18/13 - 03:08 pm
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"Those are the
Unpublished

"Those are the facts."
Bantana, I also have traveled to Canada many times and most of the people I came in contact with told me they felt the US had the best health care in the world. They wondered why we were screwing it up.
In the late 90s a friend from Lyon, France told me 'you Americans don't understand the unions, entitlements, taxes and gov't regulations are destroying my country. As he said 'socialism does not work long term'

Those are the facts.

Bantana
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Bantana 08/18/13 - 06:51 pm
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i can only

...report what I've experienced first hand. And all those I speak to, without exception, regardless of personal wealth or social status, have positive things to say about their healthcare system. In your case, with your French aquaintance, I see that their are malcontented elitists lacking empathy and feeling as though there are undeserving fellow countrymen getting something for nothing, as some in this country believe. For a conservative, having to quote a Frenchman to make a point, must be hard to swallow.

And one final point...by any scientific measure the American healthcare system doesn't rank at the top for positive outcomes, costs, infant mortality, access to care, etc., etc.

However, the World Health Organization ranks Canada (30th)above the USA (37th) and guess what? France ranks 1st.

Now those are the undisputed facts.

chascushman
6653
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chascushman 08/18/13 - 07:08 pm
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" However, the World Health
Unpublished

" However, the World Health Organization ranks Canada (30th)above the USA (37th) and guess what?"
Bantana, why would I consider anything the WHO says. They are a left-wing group just like the UN.

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