SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (79844)4/22/2010 11:21:53 AM
From: longnshort  Read Replies (1) | Respond to of 89467
 
Here's what happens when libs run the whole show. obama /pelosi and reid will do this to the USA.

Need to go to web site to view Videos.....

From the Sky, Detroit Looks Like Sarajevo
tv.gawker.com

Chris Hansen traveled to Detroit, Michigan for a Dateline special that aired tonight on the state of what is probably America's most desolate city. And in aerial footage—devastation porn at its best—Detroit's grim plight was revealed. Video inside.

"Today, from the air, parts of Detroit look like a war zone," Hansen said in a voiceover near the beginning of the special, before he listed some of the most shocking facts about the city's current state—the population is less than half of what it was decades ago; there are 400 liquor stores there, but only eight supermarkets—all while panning shots of the consequences of its deterioration flashed on the screen.
video

Describing Detroit as "a city that is virtually on life support," Hansen then introduced the audience to an ambitious plan by Mayor Dave Bing to bulldoze down more than 10,000 buildings and literally shrink the city's borders in order to save money spent on public services. Again, disturbing aerial shots were abound.
video

As the special's end drew nearer, depressing music played as even more aerial shots revealed Detroit's desolation—combined with shocking information, like the fact that there are 40 square miles of vacant/abandoned property within the city's limits—and Mayor Bing explained in more detail to Hansen his plan to shrink its size (something he claims will take 10 to 20 years, if it's able to be completed at all).

video

Will Detroit ever return to its glory days of the first half of the 20th Century? Probably not. Will it even be able to avoid going completely bankrupt and return from the brink of total destruction? Nobody really knows. What is clear, though—especially after seeing the devastation from the sky—is that the Motor City has a long, long way to go to even become a shell of its former self.



To: Broken_Clock who wrote (79844)4/23/2010 2:18:47 PM
From: combjelly  Read Replies (1) | Respond to of 89467
 
"In plain English, this means that the next time they bring the system to ruin, the banks and bank holding companies will get bailed out by the taxpayers, just like this time."

Uh, no. That isn't what it means at all. As typical with you wingnuts, they are mis-representing what was in the bill. The intention here was to create an equivalent to the FDIC for financial institutions. It would have been funded by the institutions themselves, not the taxpayer, and would put in place a mechanism to take over failing institutions and shut them down in an orderly fashion, unlike today.

Now, I know y'all love your little fables, like the one I was responding to before you hijacked it for your little fable. But, still...