Yeah, that was a bummer yesterday. Detroit is my hometown too. When I first read Atlas Shrugged in college in the late 1950s (it was required reading in my Lit 101 class) I did not believe it could possibly happen anywhere in America, especially in thriving Detroit. Then came the 60s, the race riots, the auto union strikes, the rise of the Japanese auto industry and the flood of Detroiters to the burbs. I then realized Rand was right and left the Detroit area for good in the early 70s and now return only for funerals of relatives and friends.
This article is dead on. Stossel will do a special on Detroit tonite at 9pm on FoxBiz fyi.
This article is dead on. Stossel will do a special on Detroit tonite at 9pm on FoxBiz fyi.
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Hey, thanks for mentioning this. I enjoy his shows. And this one should be really good.
For some reason, one thing I don't recall in "Atlas Shrugged," was Rand specifically naming the act of unions and politicians getting in bed together, and sucking a city's taxbase dry. I supposed of course, it doesn't matter what you call them--a moocher is a moocher.