Michigan Town Is Left Pleading for Bankruptcy

The New York Times
December 27, 2010
Michigan Town Is Left Pleading for Bankruptcy By MONICA DAVEY
HAMTRAMCK, Mich. — Leaders of this city met for more than seven hours on a Saturday not long ago, searching for something to cut from a budget that has already been cut, over and over.

This time they slashed money for boarding up abandoned houses — aside from circumstances like vagrants or obvious rats, said William J. Cooper, the city manager. They shrank money for trimming trees and cutting grass on hundreds of lots that have been left to the city. And Mr. Cooper is hoping that predictions of a ferocious snow season prove false; once state road money runs out, the city has set nothing aside to plow streets.

“We can make it until March 1 — maybe,” Mr. Cooper said of Hamtramck’s ability to pay its bills. Beyond that? The political leaders of this old working-class city almost surrounded by Detroit are pleading with the state to let them declare bankruptcy, a desperate move the state is not even willing to admit as an option under the current circumstances. (MORE)
http://www.nytimes.com/2010/12/28/us/28city.html?_r=1

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Just the predicted result of a democrat run town , run into the ground by democrats who are voted in by the democrat sheep, and the unions...

City council ran unopposed.....people deserve the govt they vote for...

“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”

Having relatives from Hamtramck, one of whom served on city council, I can speak with some knowledge of the situation. Hamtramck for years was run by Dems, and of course the unions which made up the Chrysler plant and police and fire fighters. The contracts for public service employees brought the city to it's knees once before and the state sent a man in to run the city's finances and redo contracts. That worked for awhile but pension payouts and a population relying on government handouts is killing the city once again.
This can be laid at the feet of the Dems who ran and still run the city, and the unions that backed those candidates. There are no other reasons.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Wolfie is just another mindless drone, along with those who see Michigan today,but can't figure out what is, and has happened their.. But thats the least of our problems wait until the EMP's and the nukes arrive from Russia.. then you can say we have real economic problems, which is a hugh understatement..

"DTOM" {1776} " We The People" {1791}

Pittsburgh Council has to redo pension legislation before Friday deadline

By Bill Vidonic
PITTSBURGH TRIBUNE-REVIEW
Thursday, December 30, 2010
Last updated: 4:28 pm

http://pittsburghlive.com/x/pittsburghtrib/news/breaking/s_715953.html
With less than 36 hours remaining to avert a state takeover of Pittsburgh's ailing pension funds, City Council has to redo the legislation it thinks will solve the pension crisis.

Joseph King, president of International Association of Fire Fighters Local No. 1, said the city's actuary this morning found a problem with calculations on how much............. (MORE OF THIS STORY)
http://pittsburghlive.com/x/pittsburghtrib/news/breaking/s_715953.html

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Comment from article:
“Look, if I was king of the world, I’d give them all a million dollars,” Charles Sercombe, the editor of The Hamtramck Review, the local newspaper, said of police officers and firefighters. “But this is the new economy, welcome to it.” He noted that his own job was now part time and that he received no health benefits."
During the Bush reign of terror some 40,000 factories closed of those still remaining open pay cuts of up to 50% are common. Over the last decade there was zero job growth, the S&P 500 lost 2%. Midwest city governments like Hamtramck were starved of revenue from an economic meltdown not because city workers are making a middle class wage.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Yep

Yep, keep blaming Bush. Because it was so bad under him and it's so much better now.

You ran against Bush for the last three elections. It's getting old and the electorate sees through it. But I encourage you keep doing it.

I'm sure it was Bush who pushed the city into the situation. I'm sure it was Bush who negotiated the bad deals that pushed this town into bankruptcy. Just like Toledo, a city that has shown little improvements over the last 30 years of local Democrat control. But yep. It's Bush's fault.

Please keep saying that. Say it often and say it loud.

MikeyA

I think the apathetic American has finally awaken to the fact that Reaganomics is a failure for the American Middle class. H W Bush put together the ground work for NAFTA then Slick Willie passed it. George Bush put his college cheer leading outfit on and let Dick Cheney run the Whitehouse from his bunker, furthering bubble economics and war profiteering. The facts are there is no free lunch for working Americans we spill the blood and the rich get off free with tax cuts and no prosecution from a failed economy that they caused .
Hamtramck and Toledo are one in the same, loss of revenue from loss of factory jobs that supported these cities. Now we have a population scrounging for minimum wage existence in a economy that takes a Middle class wage to operate efficiently. What I heard from the brown shirted hate police is further wage cuts that will only exasperate the problem. If only the haters could think rationally we may be able to move forward.
http://endoftheamericandream.com/archives/bye-bye-american-pie-10-reason...

Wolfman presents Thom Hartman 1310 AM Detroit (noon to 3:00)

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

LOL

LOL you're blaming the current situation on Reaganomics. Let's look at this.

In every instance SINCE there has been a minimum wage every time, except once, that they have raised it the national unemployment has increased. That being said the Dem Congress has made an increase in the minimum wage a priority in the worsening economy.

So which is true, that economic polices from 30 years ago caused the current crisis or we've poured salt in the wound by exacerbating our economic condition with wage hikes that prevent new hiring? The simplest solution is usually most likely.

MikeyA

Beijing city to raise minimum wage 21%

By Jamil Anderlini in Beijing and Rahul Jacob in Hong Kong

Published: December 28 2010

Beijing city is to raise its minimum wage 21 per cent next year, the second such rise in barely six months, amid rising inflationary pressure and growing concern over China’s widening wealth gap.(MORE)
http://www.ft.com/cms/s/0/30f7f9e0-1277-11e0-b4c8-00144feabdc0.html#axzz...
*
Yes Reagonomics gutted investment in infrastructure in this country and gradually moved all investment off shore with trade agreements favoring multinationals and not the interests of the American people. Currently the S&P 500 realizes 50% of its earnings from overseas investment. This is why the stockmarket is up this past year. The U.S. has been shunned in favor of foreign investment. Without good jobs for all the American economy has ground to a halt. Without investment in America our way of life, security, and standard of living is in jeopardy. So blaming our cities problems on public worker wages is not the answer, its a lack of revenue from a lack of tax receipts from Americans that use to have middle class jobs that supported all this. Currently we have 47% not paying Federal income tax. This number is on the rise. Why? I think I just answered this.
*
Kildee: Senate Republicans' Vote Against Outsourcing Bill is a Vote Against American Workers
September 28, 2010 3:42 PM

Legislation designed to stop companies from sending jobs overseas fails under Republican opposition

WASHINGTON, DC – Today, Senate Republicans blocked consideration of the Creating American Jobs and Ending Outsourcing Act, which was designed to help close tax loopholes that encourage companies to ship jobs overseas and keep jobs here at home. Congressman Dale E. Kildee (D-MI), a tireless fighter for American workers, expressed his extreme disappointment in his Senate colleagues and released the following statement:
http://kildee.house.gov/2010/09/kildee-senate-republicans-vote-against-o...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Earth to wolfman. There's a little bit of a difference between the income gap in China and the one in the US. The US has what's known as a middle class, something that only has developed in capitalist societies.

Also you should know with the minimum wage there is what's known as the "wage equilibrium" which is a balance between a healthy wage and unemployment.

Since the majority who make minimum wage in this country are entry level workers and rarely do they remain at the minimum wage level the question is raised as to why we need to raise it so much? Oh yeah, it's because those darned union workers write their contracts to ensure their employees remain a certain percentage above the minimum wage, so why fight the company in arbitration when you can dump millions of dollars of union dues into campaigns so you can pad union coffers.

MikeyA

The value of China’s emerging middle class
Demographic shifts and a burgeoning economy will unleash a huge wave of consumer spending in urban China.

JUNE 2006 • Diana Farrell, Ulrich A. Gersch, and Elizabeth Stephenson
http://www.mckinseyquarterly.com/The_value_of_Chinas_emerging_middle_cla...
China's middle class article, middle class spending power, Economic Studies
In This Article

* Exhibit 1: Growth translates into rising incomes.
* Exhibit 2: Rising incomes will create a large urban middle class.
* Exhibit 3: The largest category of spending in China is food.
* Exhibit 4: Spending on categories other than food will increase faster.

As China's economy has soared at consistently astonishing rates, many global companies have focused on serving the country's most affluent urban customers. When these well-off urbanites were the only consumers with significant disposable income,1 this strategy of skimming the cream from the top made sense. But new research by the McKinsey Global Institute (MGI) highlights the emergence of a far larger, more complex segment—the urban middle class, whose spending power2 will soon redefine the Chinese market (see sidebar, "About the research"). While some companies are already focusing on the evolution of this new class, many others have yet to broaden their vision and thus risk missing a significant opportunity.

The lure of China's urban-affluent segment is easy to understand. These consumers earn more than 100,000 renminbi (about $12,500) a year3 and command 500 billion renminbi—nearly 10 percent of urban disposable income4—despite accounting for just 1 percent of the total population. They consume globally branded luxury goods voraciously, allowing many companies to succeed in China without significantly modifying their product offerings or the business systems behind them. And since this segment is currently concentrated in the biggest cities, it's easy to serve, both for...(MORE) http://www.mckinseyquarterly.com/The_value_of_Chinas_emerging_middle_cla...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Ha

Ha your own post proves my point.

MikeyA

Obama and Dems own these tax cuts for the rich.
See http://swampbubbles.com/20101218/dems-can-pass-gays-military-cannot-bloc...

Or, maybe you can explain how Bush passed tax cuts when he has not been president for over two years?

Don't blame me,
I didn't vote for a
socialist.

The video is from 2006.

There's a city full of walls you can post complaints at

Just trying to understand.

When the tax cuts were signed by Bush, they were a bad idea. This 2006 video is supposedly "proof"" of that.

But when the Democrat controlled Congress under Harry Reid and Nancy Pelosi extended the tax cuts and Obama signed them into law earlier this month, that's OK because why?

Don't blame me,
I didn't vote for a
socialist.

If a tax cut is not accompanied by a cut in expenditures, it will cause more harm than good.

There's a city full of walls you can post complaints at

This bullshit is getting tiring, and we the people have to bring government around to what it exists for.

The government exists to provide services for citizens out of the tax revenue, not to honor corrupt union contracts signed by what's effectively the same negotiation side.

Our governments are supposed to serve our needs, not just funnel our taxes into cozy retirement plans for the laziest motherfuckers ever.

And, to Zeitgeist: Get fucking real. If the council members ran without opposition, then their own single votes put them into office. So voting was not the issue. The issue is that there was no actual democracy-by-choice in action there. Toledo suffers from the same problem. How many judges run unopposed? More than half, looking at the ballots for the last decade. And when we do get more than one candidate for a position, those candidates tend to be local "names" who are just hopping from one office to another, all to avoid doing any real work in their lives.

What Toledo desperately needs is a ballot that automatically has a "NONE OF THE ABOVE" selection for each elected position.

What do you think about Don't Ask, Don't Tell? What was this suppose to accomplish? Are gays going to jump up and down saying their gay? Also if they demand private housing to accommodate them,won't this be costly for the Military?

How about START doesn't this diminish our capabilities?
Last question the treaty Clinton signed NB2 or something to that effect doesn't allow us to launch in retaliation to a first strike from Russia. WTF...

Our government has been Infiltrated with those who have the intent of overthrowing America... The real players are Soros, Kissinger, Rothchilds and the likes...

Note: What the hell our we going to do when the EMP's take out everything.

"DTOM" {1776} " We The People" {1791}

It remains to be seen. The article in the UCMJ that defines it needs to be rewritten. Until then it remains in limbo. Now I haven't seen the mass exodus of servicemembers coming out of the close for that reason.

The problem is military members cannot DEMAND private housing. Just like homosexuals in the military haven't been able to come out. The conduct is regulated. There are many who will refuse to live with homosexual members. If the military doesn't accomodate their wants they will have two choices, get married and move out on their own, or leave the military. Either way it will come at additional cost to the government either in manpower or new housing but whether it's on such a large level is unknown as of yet.

The whole "Gays in the Military" is about one thing. Gay marriage by trying to get the national gov't to legalize and accept gay marriage. I am very glad that they passed it via Congress and not through the court system which was highly inappropriate and illegal. Congress determines the laws of the military, the military courts define them, the executive branch enforces them. That's the way it goes.

I'm deeply disappointed that with the DADT debate that we are not equally debating women in combat. Women are currently serving in combat roles (Google: Female Engagement Teams or Lioness). I'm supporting one such team and they are miracle workers. They should be given the same opportunities as men and combat specialties should be based upon top physical fitness for both men and women IMO. I wouldn't even be opposed to standardizing physical fitness tests for men and women to have the same tests. I know many women who could do better than most men.

START: My opinion is this is small potatoes. Nuclear states are no longer our biggest fear. If they really want this treaty it should come on the onus that Russia, Germany, Pakistan, and others quit helping Iran and North Korea and use it to further isolate them.

MikeyA

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