Rand Paul Says He’s Considering GOP Alternative to Detroit Bailout
More: Rand Paul Says He’s Considering GOP Alternative to Detroit Bailout
Sen. Rand Paul (R-Ky.) said Tuesday he has begun talks with his legislative staff about drafting a conservative alternative to a possible federal bailout of Detroit if the White House and congressional Democrats push to rescue the city from financial ruin.
During a phone interview on Glenn Beck’s radio show, Paul said he might push a Republican plan to assist Detroit that would emphasize conservative pet policies to stimulate economic growth and bring the troubled municipality back to fiscal well-being.
“I think there is a way, in an economically depressed zone, to have some tax forbearance, reduce some taxes, encourage people to come in and take abandoned property,” he said. “I will not be for borrowing any money from China to try to bail out Detroit, particularly if they continue the same policies.”
Paul also said he hopes the proposal could generate support for Republicans in the overwhelmingly Democratic city.
“Maybe the people that have been voting for the Democrats for 50 years in Detroit — who ran the once-great city into the ground — maybe they’d choose some new leadership, and the Republican Party would have a resurgence in Detroit,” he said. “But that may be wishful thinking.”
So, after that teasing headline, he doesn’t have a plan after all. Just sell abandoned properties for $1 and encourage urban homesteading (like they haven’t been doing that for the past 30 years), but without the property taxes. It only cost $60,000 or so to restore a typical ruined Detroit house, that’s assuming that it can even be salvaged because all the copper piping and other valuable building metals have already been looted.
He has no plans for restoring the infrastructure, rebuilding the public schools and public libraries, or encouraging business.
OK so here is Rand Paul’s Great Plan:
1. Urban homesteading
2. ??
3. PROFIT!!!
And Another Rand Paul Great Plan:
1. Build a bunch of Walmarts
2. Send out fleets of slave-trucks to grab random Blah people off the streets and force them to work in Teh Walmarts for bowl of gruel a day
3. Bootstraps!
4. PROFIT!!!