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Government Motors Is Alive And Detroit Is Dead
Investor's Business Daily ^ | July 19, 2013 | IBD EDITORIALS

Posted on 07/19/2013 3:38:40 PM PDT by raptor22

Bankruptcy: The fundamental transformation of Detroit is complete, as socialism's theme park succumbs to government run amok, a reminder that government isn't the solution to our problems but their cause.

The wisdom of President Reagan's words have been lost under an administration that believes government is the entity from which all blessings flow. So has Margaret Thatcher's observation that the problem with socialism is that eventually you run out of other people's money.

Last Oct. 13, President Obama boasted in a weekly address about the bailed-out auto industry that, "We refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. I bet on American workers and American ingenuity, and three years later that bet is paying off in a big way."

Less than a year later, the American auto industry is indeed surviving, bolstered largely by a Ford that refused government assistance and foreign transplants located in right-to-work states. Even General Motors has been forced to pay the free market some lip service, lest its customers go elsewhere, even as it accepts Chevy Volt subsidies.

Detroit, however, is dead, and unions and government killed it. Michigan recently became a right-to-work state, but it was too late to save a city that had become beholden to unions. As the United Auto Workers helped destroy the auto industry in and around Detroit, it's no accident that Mercedes-Benz decided to build its flagship SUV in a shiny new facility in Vance, Ala.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; US: Michigan
KEYWORDS: bankruptcy; detroit; governmentmotors; ibd; michigan; unfitforthebench

1 posted on 07/19/2013 3:38:40 PM PDT by raptor22
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To: raptor22

I knew a guy that lived in a high-rise in downtown Detroit in the early 1990s.

He would hit golf balls (full swing) from his living room out the sliding glass doors over the rail (most of the time) into a city that was dead empty.

Similar to the scene in the movie “Fight Club” but from the 25 floor.


2 posted on 07/19/2013 3:45:31 PM PDT by Zeneta (No eternal reward will forgive us now for wasting the dawn.)
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To: raptor22

I first traveled to downtown Detroit on business in 1992 to visit a company (a tape duplicator) that was right next to the Ford HQ. I got off on the freeway and drove down the ramp and then to the company. I had never seen an American city so dilapidated and run down as I did that day.


3 posted on 07/19/2013 3:51:46 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: Zeneta

Out here on the perimeter we stoned, immaculate.


4 posted on 07/19/2013 3:53:34 PM PDT by OKSooner
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To: raptor22

Yep. Decades and decades of liberal governance and union thuggery
has killed a once active city.


5 posted on 07/19/2013 3:55:40 PM PDT by tennmountainman
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To: raptor22

What you call “Detroit” is really just the nose of a camel under the side of a tent.


6 posted on 07/19/2013 4:02:54 PM PDT by fhayek
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To: Nachum; markomalley; Clairity; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; ...

IBD EDITORIAL PING


7 posted on 07/19/2013 4:03:45 PM PDT by raptor22 (Visit my blog at True Conservatives on Twitter: http://t.co/IKpP3cwq)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks raptor22.


8 posted on 07/19/2013 4:03:51 PM PDT by SunkenCiv (McCain or Romney would have been worse, if you're a dumb ass.)
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To: raptor22

There’s nothing wrong with Motown that a few billion Baraqqqi/Bernanke/Lew minibucks won’t fix (at least until Nov 2016).


9 posted on 07/19/2013 4:09:00 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: raptor22

The reason predominantly black cities are going broke is because white cities are big meanies who don’t accept them.


10 posted on 07/19/2013 4:17:34 PM PDT by GOPJ (Department of Justice to Americans:'How many fingers am I holding up, Winston?')
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To: raptor22

The reason predominantly black cities are going broke is because white cities are big meanies who don’t accept them.

(Really - it has nothing to do with corruption, skim, or bad choices. /s)


11 posted on 07/19/2013 4:18:33 PM PDT by GOPJ (Department of Justice to Americans:'How many fingers am I holding up, Winston?')
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To: nascarnation
...a few billion Baraqqqi/Bernanke/Lew minibucks won’t fix...

Wheelbarrow City.

12 posted on 07/19/2013 4:23:40 PM PDT by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: OKSooner

What kind of a fornicated-up haiku is that?


13 posted on 07/19/2013 4:24:47 PM PDT by NonValueAdded (Unindicted Co-conspirators: The Mainstream Media)
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To: NonValueAdded
http://www.youtube.com/watch?v=Yogw44ehpOk

:)

14 posted on 07/19/2013 4:29:54 PM PDT by OKSooner
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To: Grampa Dave; granite; GreenFreeper; grjr21; I got the rope; IchBinEinBerliner; jaredt112; JayB; ...

IBD EDITORIAL PING


15 posted on 07/19/2013 4:30:04 PM PDT by raptor22 (Visit my blog at True Conservatives on Twitter: http://t.co/IKpP3cwq)
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To: raptor22
Has the retiring Carl Levin said anything yet?

-PJ

16 posted on 07/19/2013 4:35:06 PM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: OKSooner

The movie will begin in five moments

All those unseated will await the next show.


17 posted on 07/19/2013 4:51:45 PM PDT by Zeneta (No eternal reward will forgive us now for wasting the dawn.)
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To: raptor22

Ayn Rand very clearly outlined what MUST happen when the takers outnumber the producers -— the producers leave.

The productive citizens of Detroit have gone Galt.


18 posted on 07/19/2013 5:06:52 PM PDT by Walrus (America died on November 6, 2012 --- RIP)
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To: raptor22

Cue the King Kong Dirge.


19 posted on 07/19/2013 5:17:46 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: Hotlanta Mike
I first traveled to downtown Detroit on business in 1992 to visit a company (a tape duplicator) that was right next to the Ford HQ."

The one and only time I was in Detroit was to visit a National Guard facility (for work purposes, circa 1995).

After leaving the interstate, we traversed a few dozen blocks of dilapidated houses with a couple of denizens out and about.

The Armory had serious fencing with concertina wire atop it. Across the street was a church that was probably very nice in 1937. It had a huge tree growing out of the broken stained glass window in front.

The whole thing was very creepy and I was glad we made the suburbs before nightfall.

Can only imagine what that area looks like today.

20 posted on 07/19/2013 5:37:16 PM PDT by SnuffaBolshevik
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To: SnuffaBolshevik
Steven Crowder did a good video on Detroit three years ago which discussed what happened to the city.

http://www.youtube.com/watch?v=1hhJ_49leBw

21 posted on 07/19/2013 5:48:54 PM PDT by fireman15 (Check your facts before making ignorant statements.)
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To: Still Thinking; StopGlobalWhining; Straight Vermonter; Tampa Caver; TChris; ...

IBD EDITORIAL PING


22 posted on 07/19/2013 6:07:23 PM PDT by raptor22 (Visit my blog at True Conservatives on Twitter: http://t.co/IKpP3cwq)
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To: fireman15

Thanks for the link. A tour of Detroit should be mandatory for all citizens who have considered voting for a Democrat. I especially liked the comment left at the site:

“If Obama had a city, it would look like Detroit.”


23 posted on 07/19/2013 7:39:25 PM PDT by haroldeveryman
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To: OKSooner

How did you manage to get that link to not auto-link?


24 posted on 07/20/2013 3:35:24 AM PDT by FreedomPoster (Islam delenda est)
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To: fireman15

Have you seen Crowder’s new Detroit video? Good stuff

http://www.freerepublic.com/focus/f-gop/3044748/posts


25 posted on 07/20/2013 3:40:13 AM PDT by FreedomPoster (Islam delenda est)
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To: raptor22

If I needed a scene of a suburb or urban area for a post apocalyptic movie, Detroit would be it, I’ve seen pics of abandoned and destroyed homes and neighborhoods. It would be perfect for a rag-tag group of survivors driving their battered vehicles and donning AR-15’s to drive through hand fight bad guys. B-)


26 posted on 07/20/2013 12:15:30 PM PDT by Nowhere Man ("We have met the enemy, he is us!" - Pogo Possum - 1971)
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To: Nowhere Man

too dangerous to film there because of Holders people


27 posted on 07/20/2013 12:21:27 PM PDT by GeronL
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To: tennmountainman; raptor22

28 posted on 07/20/2013 1:42:51 PM PDT by 4Liberty (Some on our "Roads & Bridges" head to the beach. Others head to their offices, farms, libraries....)
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To: GeronL
too dangerous to film there because of Holders people

Good point, better put real ammo in those AR-15's B-)
29 posted on 07/20/2013 2:18:36 PM PDT by Nowhere Man ("We have met the enemy, he is us!" - Pogo Possum - 1971)
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