Michigan legislative action thread
I would sell some of it but you’ve got to have an eye on the future. One suggestion I heard from Roger Penske recently was the possibility of privatizing the museum itself, selling some of the art and putting the rest into the federal system or even renting the art out to other museums. Penske said that selling the art is a little like selling the wheels off your car.
As far as the creditors are concerned, they are as guilty as the city council and unions. They kept loaning money with every intent of the feds stepping in and giving them a taxpayer funded bailout. I’m not completely unsympathetic. I would use an old school solution of turning over vacant properties to the creditors (tax free) and they will find a way of making them profitable. Oil and gas leases alone will amount to a sizable chunk of change. I would also go after the ill gotten gains of criminal city council members.
I'm either a dinosaur or dead and don't know it.
My comment is the same for the ironically, auto industry ...
As I age (and I assume as ALL age ... ) I tend to drift back to what used to be and ... really, really, and not for the sake of nostalgia ... believe it really WAS better back then (MY memories are 1950's-60's for the most part).
Detroit has some of the most beautiful architecture on the planet ... great and magnificent hotels, ballrooms, theaters .. and etcetera's.
SO too ... the automobiles of the 40's and 50's were beautiful examples of functional art.
Detroit needs an effort to repair and save the architecture of those 1920's and 30's.
Detroit should mass produce the 57 Chevy Bellaire.
Y'see ... can ANYone look into what the future appears to be heading and honestly .... intellectually honestly ... see an improvement in buildings (living and business) ??
Would you want a 57 with everything brand new and modern technology ?
Don't look to the future ... look to the past.
We'd BETTER if we want the future to be anything near what the past was ....
which I do.