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Detroit becomes largest US city to file for bankruptcy

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Comments

  • antrobus
    antrobus Posts: 17,386 Forumite
    Generali wrote: »
    To quote the Mayor of Detroit yesterday:

    "What you want,
    I ain't got it.
    What you need,
    I don't have it.

    All I'm asking,
    Is a little Chapter 9 Protection.
    Hey Creditor (just a little bit),
    In the legal system (just a little bit).

    I'm about to give you,
    Very little money.
    All I'm askin' for,
    In return honey.
    Is to give me Chapter 9.
    To avoid legal travails (just a, just a, just a, just a)
    Yeah baby (just a, just a, just a, just a)
    To avoid legal travails (just a little bit)
    Yeah (just a little bit)

    C-H-A-P-T-E-R
    Find out what number 9 means
    C-H-A-P-T-E-R
    I ain't got yo money"
    [Baby, baby, baby, baby, baby]"

    Although Respect is Stax not Motown, so it's Memphis rather than Detroit.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    antrobus wrote: »
    Although Respect is Stax not Motown, so it's Memphis rather than Detroit.

    Aretha was born in Memphis but spent a significant part of her life in Detroit. From her own website:

    As is widely known, Aretha, born in Memphis, (reared in Buffalo but a longtime resident of Detroit,)
    http://www.arethafranklin.net/us/biography

    So not inappropriate, even though the song was written by someone else anyway (Otis Redding?)
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • antrobus
    antrobus Posts: 17,386 Forumite
    edited 19 July 2013 at 10:46PM
    vivatifosi wrote: »
    ...So not inappropriate, even though the song was written by someone else anyway (Otis Redding?)

    Yes, it was written by Otis Redding. It's on Otis Blue. Probably his best album. Otis was Stax, Aretha was Atlantic, her version of Respect was probably cut with the Muscle Shoals mob. It ain't the Motown sound.

    I wouldn't say it was inappropriate, I just think it incongruous that given Motown's massive string of hits, that someone would pick a Stax song to parody given Detroit's predicament.:)

    P.S. Come to think of it, reworking the lyrics of 'Ain't too Proud To Beg' might be a place to start.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    IronWolf wrote: »
    But I thought high public sector spending was supposed to rejuvenate economics. How come Detroit isnt booming?

    I thought cheap land and house prices were supposed to rejuvenate economies.

    How come Detroit isn't booming?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Detroit is going through what Britain's rust belt in places like the towns around Sheffield went through 30 years ago.

    The differences are:

    - The welfare state in the UK will prop people and places up indefinitely in a state of permanent near-failure.
    - Americans tend to have a bit more gumption about following work around than Brits IME.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Generali wrote: »
    Detroit is going through what Britain's rust belt in places like the towns around Sheffield went through 30 years ago.

    The differences are:

    - The welfare state in the UK will prop people and places up indefinitely in a state of permanent near-failure.
    - Americans tend to have a bit more gumption about following work around than Brits IME.

    I think Americans do move around, but a big issue is also that you can abandon whole tracts of land without them having a tangible worth in a way you just can't here. We don't have that much spare land to waste and hence everything has some value in a way that just isn't the case in Detroit. That is in part a factor of rationing, but it's also in part due to our much higher population density.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    vivatifosi wrote: »
    I think Americans do move around, but a big issue is also that you can abandon whole tracts of land without them having a tangible worth in a way you just can't here. We don't have that much spare land to waste and hence everything has some value in a way that just isn't the case in Detroit. That is in part a factor of rationing, but it's also in part due to our much higher population density.

    At the risk of undermining my own argument, Liverpool is in the process of being abandoned:

    https://en.wikipedia.org/wiki/Liverpool#Population
    At the 2011 UK Census the recorded population of Liverpool was 466,400. Liverpool's population peaked in 1930s with 846,101 recorded in the 1931 census. Since then the city has experienced negative population growth every decade, with at its peak over 100,000 people leaving the city between 1971 and 1981.
  • antrobus
    antrobus Posts: 17,386 Forumite
    Generali wrote: »
    At the risk of undermining my own argument, Liverpool is in the process of being abandoned:

    https://en.wikipedia.org/wiki/Liverpool#Population

    Never trust Wikipedia without confirmation from a proper source.:)
    At the 2011 UK Census the recorded population of Liverpool was 466,400....

    Almost right, it was 466,415.
    ....Liverpool's population peaked in 1930s with 846,101 recorded in the 1931 census. Since then the city has experienced negative population growth every decade, ....

    Wrong. Liverpool's population went from 439,473 in 2001 to 466,415 in 2011, that's a 6.1% increase over the decade. So the abandonment has been, err, abandoned.

    http://liverpool.gov.uk/media/128963/Population.pdf
  • TruckerT
    TruckerT Posts: 1,714 Forumite
    antrobus wrote: »
    Never trust Wikipedia without confirmation from a proper source.:)



    Almost right, it was 466,415.



    Wrong. Liverpool's population went from 439,473 in 2001 to 466,415 in 2011, that's a 6.1% increase over the decade. So the abandonment has been, err, abandoned.

    http://liverpool.gov.uk/media/128963/Population.pdf

    Can anybody begin to understand the problem I have with 'statistics'?

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • DKLS
    DKLS Posts: 13,461 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Detroit bankrupt! Wow! Just waiting for OCP to buy the city and introduce ED209 and the RoboCop programme!

    NECA-Robocop-ED-209.jpg
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