In response to:

In Four More Years We'll Be Detroit

wiseone Wrote: Nov 17, 2012 10:44 AM
"Detroit faces fiscal uncertainty largely because it has failed to get adequate concessions from public employee unions that are unsustainable." Detroit faces certainty; certainty in the form of a slow death by a thousand cuts. And the cause is not public employee unions. They are merely one group of jackals that are now picking over the carcass of what was once a great city. The single biggest villain in the torture and impending death of Detroit is the UAW. The unrealistic demands of the UAW over the decades have run the manufacturing part of the auto industry out of Detroit, out of Michigan, and out of the country.
wiseone Wrote: Nov 17, 2012 10:50 AM
Detroit became terminal when auto industry and steel industry execs figured out it was cheaper to build completely new, state-of-the-art factories in remote locations of the world, rather than continue to be held hostage to unreasonable demands from domestic unions that would cripple them and destroy their ability to compete with foreign manufacturers.

The outrageous demands of the UAW not only included the unsustainable pension plans that bankrupted GM, but also included refusal to allow GM and other automakers to upgrade their production technology to the state-of-the art as necessary to remain competitive.

Detroit and Flint are what you have left when all of the competent people have been forced to go elsewhere to find prosperity.
Words Wrote: Nov 17, 2012 10:57 AM
Many years ago my dad worked with a young man who had RETIRED from GM. He was getting a pension from them while working with my dad. Even back then my dad couldn't understand how they could financially do that, and he predicted that they would go bankrupt.
Jay Wye Wrote: Nov 17, 2012 1:09 PM
GM -used- to have Saturn division,IIRC,non-union and sited in Tennessee.
Comrade Hussein conspired with the UAW to close it down via the "bailout".

From one moment to the next the city of Detroit doesn’t know where its next bailout is coming from. Chronically unable to pay its bills, the city looks to the state for cash gifts to stave off default. Operating under the terms of a consent agreement hammered out with the state, Detroit faces fiscal uncertainty largely because it has failed to get adequate concessions from public employee unions that are unsustainable. And those concessions that they have wrested from unions, politicians in Detroit have been unwilling to enforce.     

One prominent Detroit attorney, however, is facing the future of the Motor...

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