Fear a Riot? Give’em a bailout!
Posted March 29, 2012on:
- In: American Crash 2011 | Big Labor Unions | Communism in America | Davis Bacon Act | Economy/Money | Government Failure Series from Cato Institute | Ineffective Government Programs | Know the enemies of America | Progressives Movement to Destroy America | public service employees | Radical Left at War with America | Redistributing wealth
- 2 Comments
Detroit is getting a bail out from the Michigan state government (all tax payers in the state regardless of where they live or how well off their own city is due to prudent planning and spending!) Why are they getting a bail out from the state? According to the governor Detroit is getting a bail out rather than being allowed to go into bankruptcy because he fears riots! Of course the bail out will just pay off the unions of city employees benefits and retirement packages currently and to use a much over-used phrase “kick the can down the road”.
What happened to Detroit which was a booming town just 50 years ago? How did a not only thriving but sailing on the top of the country’s economy city fall so fast and so far? Fallen even tho billions of federal dollars and thousands of federal programs have been poured int the city during the past 50 years. The following essay is thought provoking as it contrasts two cities. BB
65 years later!
What happened to the radiationthat lasts thousands of years?HIROSHIMA 1945
We all know that Hiroshima and Nagasaki were destroyedin August 1945 after the explosion of atomic bombs.However, we know little about the progress made by thepeople of that land during the past 65 years.HIROSHIMA – 65 YEARS LATER
DETROIT- 65 YEARS AFTER HIROSHIMA
What has caused more long-term destruction:the A-bomb, or the U.S Government welfare programscreated to buy the votes of those who want someoneto take care of them?Japan does not have a welfare system.You either work for it, or do without!Which system is working better???