More Detroit Treasures That Might be Looted

sagehen7/26/2013 8:08:52 pm PDT

re: #1 Dark_Falcon

Downding for saying that banks want to enslave people in Detroit. That’s just plain over-the-top wacky.

As for Detroit’s art, I say it should be auctioned off. That’s how bankruptcy works: You lose your treasures. They are surrendered to a trustee who sells them and then uses the monies from the sale to pay your creditors.

Historic cars are not vital to a city, though their loss may wound its morale. greatly. But the law shouldn’t care about that: Before the whole state of Michigan suffers additional taxes, before pensions are cut, art and other valuables belonging to the city should be sold. That is what is fairest to all the state’s people, and it is the scenario envisioned by the law.


Let’s carry that to its logical extreme — before the American people suffer additional taxes, should we sell Yosemite to real estate developers? Maybe lease mineral rights to Yellowstone? I bet the Statue of Liberty would bring a good price if we offer it to one of the hotels in Dubai.

Meanwhile, the “emergency city manager who’s only trying to do right by the city” is working with the Governor to cut corporate taxes even more, cut personal income taxes for the wealthy, and give hundreds of millions of taxpayer dollars to build a new stadium for the Redwings and some other corporate welfare.