Tuesday, September 17, 2013


The Detroit Free Press recently published their study of the city of Detroit's fiscal situation as it developed since World War II and how it developed into complete collapse early in this century.

Look at this place. This is a balance statement with all the obfuscation and outright lies removed.

Why doesn't every city and state have a similar in depth study available on-line of their past performance and concept of operation for the future? Well, yeah. I know why no state or city wants anything remotely like this kind of forensic study conducted. Hard to get re-elected when everybody knows how dismal future prospects really are.


OldAFSarge said...

Politicians have ever feared the truth.

Buck said...

The most interesting thing about that piece was the semi-exoneration of Coleman Young. Like most people, I put most of the blame for Detroit's collapse on Young. Other than that? The causes and effects were pretty much predictable. What scares the Hell outta me is the Feds are acting much the same way, as we speak. We're well on our way to Third World status.

HMS Defiant said...

I just don't understand why the press everywhere doesn't do this kind of job. That's what the media is actually for.

HMS Defiant said...

They all united to drive out the tax base with every means at their command. They're still doing that thing. I agree though. I thought it was Young who was most responsible for the fiscal ruination.