Tag Archives: Detroit

Redistributionist Speaks in Illinois

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

That the President gave an economic speech in Galesburg, Illinois is significant, although not in the way that he might intend.

Illinois is an economic basket case. Because of the political leadership in the state, which has been dominated by the Democrats for the last decade, the land of Lincoln is the most likely big state to go belly up. Chicago, my home town, was voted most likely to follow Detroit into bankruptcy by the chattering classes.

My home state largely followed the economic philosophy of President Obama and that philosophy has largely sealed its doom. Continue reading →

On the President’s Remarks Last Week

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

In the same week that Detroit declared bankruptcy, the President opined on George Zimmerman and the state of race relations in this country.

The President should have spoken up on the Zimmerman verdict, which has become a festering national wound, although I thought his remarks were incomplete at best, needlessly adversarial at worst.

The fact that Barack Obama can stride up to the podium in the Brady Room, tell Jay Carney to take a seat, and start opining on race relations in front of the whole world tells you all you really need to know about the state of race relations in this country. Continue reading →

The Fall of the Motor City

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

Eminem is the best thing to come out of Detroit in the last twenty years. That, and the Clint Eastwood Chrysler commercial.

Detroit filed for bankruptcy yesterday.

No surprise there. Kind of like Whitney Houston dying. You can only dance on death’s door for so long before the door opens and lets you in.

It was a bunch of French Canadians who first saw Detroit’s immense promise. Antoine de La Mothe Cadillac joined with 51 others and founded a place they called Fort Ponchartrain du Détroit, which provided a wonderful gateway to the Great Lakes and the Great White North, better known as Canada. Continue reading →

Detroit. Bankrupt.

BY RICH GALEN
Reprinted from Mullings.com

The City of Detroit filed for bankruptcy yesterday afternoon. It owes as much as $20 billion and there is no conceivable way that debt will ever be paid. The city offered its debtors 10 cents on the dollar but the debtors refused.

A good deal of the blame – rightly or wrongly – will be placed at the feet of municipal workers – sanitation, water, sewer, cops, firefighters and so on.

The pressure of ever-rising wages for no additional work, leading to ever-rising pension costs, plus ever increasing benefits and ever more closely defined work rules will likely be found to be at the bottom of all this.

But its not the unions’ fault. It is the fault of the elected officials – Democratic elected officials in Detroit – who didn’t have the, um, guts to ever say “No” to their largest voting bloc. Continue reading →