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Detroit showing signs of recovery ahead of bankruptcy trial
The Guardian ^ | 07/21/2014

Posted on 07/21/2014 9:48:56 AM PDT by SeekAndFind

Detroit neighbourhoods are being relit, its vacant homes are being sold off or torn down, its public transportation is cleaner and more often on schedule and the city has renegotiated some burdensome union contracts.

In the little more than a year since the state-appointed emergency manager, Kevyn Orr, made Detroit the largest US city to seek bankruptcy protection, it has experienced a wide range of improvements that will factor into Judge Steven Rhodes's decisions during next month's bankruptcy trial. A major piece of the bankruptcy puzzle could fall into place on Monday, with the expected release of the results of a vote by creditors, including more than 30,000 retired and current city workers, on whether to accept millions of dollars in cuts.

When Orr filed for bankruptcy, Detroit's debt then was estimated at $18bn, and its revenue streams were too small to keep up with basic city services.

Since then, the city has installed at least 10,000 new streetlights. It's also going after absentee landlords — threatening to take and sell or demolish vacant houses that violate city codes. Eight houses awarded to the city's Land Bank are being put up for auction. Belle Isle, the city's most popular public park has been put under state control and received a much-needed cleaning.

"Things are being done now that weren't being done," said Detroit barber DeAngelo Smith. "I wouldn't say it would have been as fast if the bankruptcy hadn't been filed."

Some of the most dramatic changes were designed to save the city money and didn't need to wait for the August bankruptcy confirmation trial.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Michigan
KEYWORDS: bankruptcy; detroit; recovery
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1 posted on 07/21/2014 9:48:56 AM PDT by SeekAndFind
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To: SeekAndFind

And the Chinese and Muzzies are by buying them up. Michigan makes a great vpcenter for terrorists because of easy access / escape to Canada


2 posted on 07/21/2014 9:51:01 AM PDT by jsanders2001
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To: SeekAndFind

Urban liberal hipsters will move back in, fix up the city, raise the property values, then start voting for the same liberal power structures that destroyed the city. The cycle will continue.


3 posted on 07/21/2014 9:51:37 AM PDT by Organic Panic
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To: SeekAndFind

signs of recovery?

The windows have all been broken already, so no more will break.... the roads are 100% pothole now, so it’s almost evened out....


4 posted on 07/21/2014 9:51:43 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: SeekAndFind

“In the little more than a year since the state-appointed emergency manager, Kevyn Orr”

The key to the whole thing. It is obvious the citizens of Detroit would keep on voting the place into oblivion.


5 posted on 07/21/2014 9:52:26 AM PDT by Parley Baer
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To: SeekAndFind

Well, the Tigers are recovering quite well.


6 posted on 07/21/2014 9:52:39 AM PDT by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: GeronL

When’s the last time you visited Detroit?


7 posted on 07/21/2014 9:52:50 AM PDT by 1rudeboy
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To: jsanders2001

Actually the Muslim population is shrinking in comparison to middle eastern Christians in the Detroit are.

Muslims these days are largely settling in the south.


8 posted on 07/21/2014 9:56:05 AM PDT by cripplecreek (Remember the River Raisin.)
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To: SeekAndFind

Take some money away from funding overly-bloated union pension funds, and you can actually afford to provide some public services. Whoda thunkit?


9 posted on 07/21/2014 9:56:17 AM PDT by Buckeye McFrog
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To: SeekAndFind

How is Dearbornistan doing?

5.56mm


10 posted on 07/21/2014 9:56:25 AM PDT by M Kehoe
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To: 1rudeboy

Is that required?

Do I need to visit Russia, Ukraine and the UK to comment on those threads too?

And leftists say we need a vagina to have an opinion on abortion, should we take those things seriously?


11 posted on 07/21/2014 9:58:03 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: SeekAndFind

Right. I guess the protest in Detroit last weekend to demand that water be provided to residents for FREE is a sign that things are getting better.


12 posted on 07/21/2014 9:58:15 AM PDT by MNGal
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To: jsanders2001
I've often said that we should negotiate with the Chi-Coms to write off debt in return for leasing Detroit as a special administrative region like Hong Kong. It will be unable to vote in either Michigan or U.S. elections for the duration of the lease.

If every other municipality in America faced a similar fate, they might be more careful about repeatedly electing crooks and grifters to public office.

13 posted on 07/21/2014 9:58:27 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Springman; cyclotic; netmilsmom; RatsDawg; PGalt; FreedomHammer; queenkathy; madison10; ...
Detroit news that's not bad.

Image and video hosting by TinyPic

Michigan legislative action thread
14 posted on 07/21/2014 9:59:40 AM PDT by cripplecreek (Remember the River Raisin.)
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To: GeronL

You from Texas? Only steers and queers come from Texas. Saw it in the movies. In any case, I simply was wondering whether I could count on you for Detroit traffic reports.


15 posted on 07/21/2014 10:00:22 AM PDT by 1rudeboy
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To: MNGal

I guess the turning off of the delinquent water accounts was the sign of things getting better.


16 posted on 07/21/2014 10:00:25 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Parley Baer

definitely


17 posted on 07/21/2014 10:00:53 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: MNGal

Most of those morons weren’t even from Detroit and don’t have a clue as to what is going on there.


18 posted on 07/21/2014 10:01:35 AM PDT by cripplecreek (Remember the River Raisin.)
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To: SeekAndFind

If I’m not mistaken, the state of Michigan took control of the city... would these “signs of recovery” be anything more than just the results of state dollars being poured in for those new streetlights?


19 posted on 07/21/2014 10:01:52 AM PDT by ScottinVA (If it doesn't include border security, it isn't "reform." It's called "amnesty.")
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To: 1rudeboy
You from Texas? Only steers and queers come from Texas. Saw it in the movies.

Depends on which movie.

Full Metal Jacket - Texas

An Officer and a Gentleman - Oklahoma

20 posted on 07/21/2014 10:02:29 AM PDT by dfwgator
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