Greed (unions), incompetence (banks lending money irresponsibly) and corruption
(Detroit's leaders) would be a good place to start. One can add ignorance
for any entity, from Enron to the city of Detroit, that does not fully fund
their pension plan each year. When working people fall prey to their leaders it
is a sad day, indeed. With that history, it will be difficult to convince the
rest of the country to subsidize their madness.
To "Roland Kayser" and why did they go overseas or simply leave the
Detroit area? Please tell us why a manufacturer would want to leave an area or
country where labor is very expensive, corporate taxes are high, and regulations
cos you millions per year?To "marxist" you realize that the
modern Union does little to nothing to make things safer. Since the Federal
government started OSHA, the Unions are doing nothing for safety, the Feds took
that over. So, what do Unions do besides allow for inefficient labor and
cumbersome rules for employers?
to Mike Richards on July 20th"As far as I've heard, the
government has not yet seized Google's Gmail."Do the
letters N S A mean anything?
I find it ironic that many of the same people who continue to attack Salt Lake
City and the LDS Church for its downtown City Creek project are the first to
stand and applaud whenever the government "bails out" places like
Detroit.Meanwhile, the overall economy of Salt Lake City and the
state of Utah continues to flourish, while places like Detroit are drowning in
I suggest someone google Detroit Decay and take a look of the myriad of videos
made about the state of Detroit. Not only was Robocop prophetic, it didn't
go far enough in painting Detroit beyond awful. Save Detroit. It's beyond
savable. Not even Robocop could save this place.
GM stock is rated a strong buy. That was last Friday. From the NY times.
Chrysler operates the only factory left within the boundaries of Detroit. The
factory is operating at full capacity producing Jeep Grand Cherokees and Dodge
Durangos. Both vehicles are Consumer Reports recommended. Due to union
concessions entry level wages are have been reduced a realistic $16.00 an hour.
Detroit collects $12 million in annual property taxes from Chrysler. The sky is
not falling. Bankruptcy is the only option left for Detroit. Isn't that
what Romney wanted for GM and Chrysler.
This is an important time in US history to see if we can come together and
rescue one of America's great cities. There is tremendous opportunities to
rebuild Detroit and make it, once again, a great city. Wouldn't it be
wonderful to see start-up companies or large tech companies invest in rebuilding
this city. I hear there are over 80,000 vacant buildings that could be bought
and refurbished to house new companies. 's A successful rebuild
of Detroit would be a successful rebuild of Detroit. Is it a pipe dream?
Perhaps. Can it be done? With hard work--absolutely! Let's stop
arguing about what is the cause of this great city's demise. Instead,
let's come together to rebuild it. If we come together, work together, stop
finder pointing, and work hard, we can make American cities great again.
@wrz "For example, Toyota manufactures very fine vehicles with no labor
unions." But if it were not for the possibility or threat of unionization
those Toyota workers in the old Confederacy would have lower wages and worse
work rules than they have, not that you would be concerned wrz.
@Virginians for BYU:"He might as well say... Humans Breathe air.....
Rabbits breathe air... That means humans and rabbits are the same
thing..."That are the same thing... animals."It
is embarrassing for the United states to have such a large city declare
bankruptcy."What's embarrassing is that no one will admit
the real reason for the bankruptcy... Not even the folks who live there...
it's called UAW. Obama won't say because Democrats need the union
vote.My only hope is that the courts will stick to their guns and
continue to deny the bankruptcy. Otherwise we the taxpayers will have to foot
the bill... yet again.
Edgar"The downfall of the auto industry is the main cause of
Detroit's downfall..."Yes, but you need to finish the story
and tell us about the downfall of the auto industry. I'll help you... The
American auto industry fell because of greedy unions... Unions insisting on
obscene wages and fringe benefits. That worked fairly well for them until
foreign auto manufacturers began to compete. And compete they did. For
example, Toyota manufactures very fine vehicles with no labor unions... and they
do it right here in the good ole US of A.
It is pretty clear that the associations the letter writer tries to create have
serious flaws. He might as well say... Humans Breathe air..... Rabbits breathe
air... That means humans and rabbits are the same thing... It is embarassing
for the United states to have such a large city declare bankruptcy. I
can't say that I feel our federal goverment has been doing a better job of
managing the piggy bank than Detroit.
Of course I typed GM, but, my iPad made its own executive decision and decided
that what I really wanted to type was Gmail. (I'm perfectly capable of
making my own typos without any assistance from the iPad or smartphone.) As far
as I've heard, the government has not yet seized Google's Gmail.
If you were a GMAIL or Chysler stock holder, you got " nothing". The
government seized your assets and gave them to the unions and to Canada. It
doesn't matter that the last clause of the 5th Amendment prohibits taking
our property without compensation, Obama did it anyway.
The demise of Detroit has been decades in the making, but of course it's
Obama's fault.No doubt an extinction causing meteor would be
blamed on his alteration of the earth's gravitational field caused by his
messianic ego.Partisan spiked kool aid anyone?
@Mike Richards South Jordan, UtahGreedy unions caused the
problem. They insisted that people be paid more than they were worth. They
insisted on pensions that were not funded. They insisted that the quality
didn't matter. Japan showed them. Korea showed them. Germany showed
them.==========You meant to say:Greedy Union
Workers in Socialist nation like Japan, Korea and Germany should us!BTW - As we all recall, Mitt Romney wrote a letter entitled:"Let Detroit Go Bankrupt."Nov 18, 2008.I guess
he got his wish...
Detroit has not had a Republican mayor since 1962.
The wages and benefits paid workers in Detroit and at least 20 other major
"rust belt" cities were begun in WWII. When wages were frozen, the
employers offered fringe benefits to keep their workers. The trend continued for
30 years until the mid seventies. The slide in quality and tone deafness to
what the public wanted to buy gave the Japanese the opening they needed. In
order to keep the stock price up company after company lower costs to compete.
Moving production to other countries became the "easy way" to profits
instead of improving quality and offering a product to compete with Japan.
Millions of workers who had but a high school diploma were unable to replace the
jobs they lost when the manufacturing moved elsewhere. The "American"
companies still existed, they just built the economies of other Countries but
the profits came back here until they figured out ways to keep those away from
taxation. Net result: If you are a stockholder, you reaped huge
benefits. If you are a worker, you paid the piper. Now when you have no job, no
house, no health ins. and no retirement, they want to cut food stamps. Pathetic.
Is Reid suggesting that Detroit's problems are some kind of divine
retribution for voting against Mitt Romney? Wow! This is the same Mitt Romney
who said about the auto industry that we should let them fail? Can you imagine
how much worse Detroit and Michigan would be if Chrysler and GM had gone under?
Though not out of the woods yet, both are recording quarterly profits.
Geez, Mr Swensen, it was the Mitt's of the world that chased our
manufacturing base from our shores so a few could reap more profits. George
Romney saved a company(AMC) but his son has done the opposite. By the way,
Governor Rick Snyder took over Detroit and a year ago and tried to run it like
GM. Maybe regressive policy doesn't work for government. Do you think?
"...Those who listened to those lies now live in a ghost town. Where's
Obama now? " As a socialist I was not too keen on the GM and Chrysler
bailouts, because I saw them as band aids and favoring the capitalist class.
But, fact is, without them Detroit wouldn't be there at all. Another
example if the bias of an Obama hater.
Thanks for the reminder that Michigan, the state where Mitt Romney grew up,
voted against him. You may also recall that the state where Mitt served in
public office, Massachusetts, also voted against him. In other words, the two
states best acquainted with Mitt Romney voted overwhelmingly for Obama. Perhaps
there's a message there.For what it's worth, I liked
George Romney and very much appreciated his honest statement on Vietnam.
Thanks Ultra Bob, great idea!So I used the Internet and gained
greater insight into this letter writer. In 1988, Reid Swenson, wrote into this
very paper making the case that Reagan would be the perfect Vice President to
Bush I. He states, although the Constitution limits the terms a President can
serve (as President) to 2 terms it does not limit the number of times he can
serve as VP. In other words, he's making the case for a Monarchy under the
guise of "Democracy." Knowing this about this author, we
should most definitely take his letter today with a "grain of salt."
GM is underwater - still.Forbes reported on August 15, 2012:
"President Obama is proud of his bailout of General Motors. That’s
good, because, if he wins a second term, he is probably going to have to bail GM
out again. The company is once again losing market share, and it seems unable
to develop products that are truly competitive in the U.S. market.Right now, the federal government owns 500,000,000 shares of GM, or about 26%
of the company. It would need to get about $53.00/share for these to break even
on the bailout, but the stock closed at only $20.21/share on Tuesday."GM stock is currently running at $36.89. Obama can't sell GM
without taking a huge loss. It's not his money, it's our money. He
didn't pay the police and teacher unions who invested in GM stock when he
seized it to pay the auto unions. He doesn't care who gets hurt
financially. He didn't care about the police unions and the teacher unions
who were sold out.Apparently, many posters don't care about
those people, those workers who were cheated out of their pensions.
For greater insight into the Detroit failure, see the internet.
I must be a really pathetic History major because... I don't get this
letter...Soooooo Detroit was a humming industrial center UP UNTIL
this past election? What happened to over half of its population? Remember now,
in the 50s it was a huge city with 2 million residents. All of this happened
because of not voting for Mitt? Because Detroit didn't vote
for Mitt Romney they are all being punished? Huh? What about those red states
who are stuck on welfare and food stamps? Why aren't they being rewarded
for voting for Romney? What does Mitt Romney have to do with
anything? He lost the election. It's over! I voted for him but he lost. I
don't understand why we keep rehashing this. Lets move on!Furthermore, what was Mitt going to do to save a city? I don't get it...
Slash pensions? Now where in the Constitution does it give the President the
right to intervene like that? Was he going to pass a stimulus package? For one
city? Why would the GOP support that? Was he going to lower/raise taxes for
Detroit? Again, how? Please help this History major understand this
Wow. Reid, your patriotism is just oozing from your letter.Nothing shouts, "I Love America" more than cheering the demise of one
of the greatest cities this country has ever seen. Gone, the picture of American
prosperity and happiness. Destroyed, the industry that powered America
throughout the 20th century. It's so sad to me how folks like
this letter writer would rather have their political party score points than to
actually help America.
Blaming the econimic problems of Detroit on failure to vote for Mitt Romney is
ridicolous. You conveniently forget to mention the other Republicans and
Democrats who served as Governor of Michigan since George W. Romney. You also
fail to mention the other Republican and Democratic Presidents since George W.
Romney served as Michigan Governor.
Uh... you wanted the President (Romney) to get involved in city level
gov't? That seems very non-small gov't. Actually, considering the
emergency manager law passed by the Republicans at the state level, that would
be par for the course in Michigan.
I'm not sure I understand the political partisanship and triumphalism by
some on this news. George Romney was governor of the state when the US auto
industry was the symbol of American economic power. That hasn't been true
in decades, and Detroit's fortunes are inextricably linked to its decline.
Detroit's failure is its inability to diversify and remake its economy like
Pittsburgh did after the collapse of the steel industry.
@mike richards. Greedy unions? That is laughable. What about greedy executives
and Wall Street?
Per Reid..."I couldn't help but think of how Detroit and Michigan had
recently voted against George Romney's son, Mitt,..."Did
you forgot (conveniently??) about Mitt's lack of empathy and loyalty
towards his "hometown" Though, Ernest has summed it up well. To Mike RAnd how are those 2 car companies doing now?
Ernest,You have confirmed Detroit's "good judgment" in
rejecting Romney. They have used that same good judgment to run themselves into
bankruptcy. Margaret Thatcher said it, "The trouble with socialism is that
eventually you run out of other people's money." Detroit found this out
and although the far left still in denial, it will come to them as it has come
to Greece, Spain, Italy and some US cities.
Let Obama tell us how he saved Detroit by seizing two car companies. Let him
tell us how he plundered the assets of police and teacher union pension funds to
pay off the union workers. Let him tell us how, because of him, Detroit would
not fail.Greedy unions caused the problem. They insisted that
people be paid more than they were worth. They insisted on pensions that were
not funded. They insisted that the quality didn't matter. Japan showed
them. Korea showed them. Germany showed them.Those who listened to
those lies now live in a ghost town. Where's Obama now? Why isn't he
taking credit for Detroit's bankruptcy? He showed us that private assets
mean nothing to him. Why doesn't he vacation in Detroit? At least that
way, Detroit would get the $100,000 an hour that it costs when he vacations like
a king and watches the paupers suffer.
Detroit saw Romney for what he is. That is why they did not vote for him.Want to see out of control poverty? Let Reaganomics continue to destroy the
90% of the country. Let the Koch brothers get away with whatever they want. That
is when you'll see the US follow Detroit's path.
I'm afraid the connection you're trying to make is really spurious.
This letter would be relevant if there was any evidence, at all, that Mitt
Romney was anything like his father when it comes to political understanding of
our nations problems. George Romney would be drummed out of the Republican
Party today and his compassionate service at Housing and Urban Development is in
direct opposition to Republican platform positions. The downfall of the auto
industry is the main cause of Detroit\'s downfall but it's not the
only one. The mismanagement of General Motors and their lack of creativity in
meeting the demands of the public is what caused problems for GM. It has
NOTHING to do with how the voted in the last election.
The plight of Detroit is nothing new or unusual or not typical of what is
happing all across America. The special interest groups in control of our
government(s) have systematically robbed the taxpayer for public works beyond
the need and affordability of the taxpayer. This would include the over
building and under usage of public transportation systems, public buildings,
stadiums, theatres, zoo’s and a very long list of business scams. Then when the money runs out, they blame the workers and their unions.
That's right. When American industry abandons an area and ships the jobs
overseas it's the fault of the people who live there. Also, George Romney
would be considered a raging liberal RINO by today's tea party folks.
Detroit has gone down hill because of politicians undermining our manufacturing
sector and the high paying jobs that came them. More specifically it appears the
republicans will not stop the attack on the middle class until we all work for
Ironic that anyone from Utah, the bankruptcy center of the nation, would
criticize Detroit for trying to solve its financial problems through
bankruptcy.By the way, the word is "sown," (as in planting
seed), not "sewn" (as in stitching a garment).