The ruins of Detroit

I hate to say it Clembo but you said the first thing I was thinking. Greed did this. Greed at the very top. All that wealth had to go somewhere. It couldn't have all been consumed. It's likely in over-seas accounts owned by the CEOs and big banks. Rest assured, the who's who of society don't have to look at those scenes. I'm just afraid my town is becoming that. We've lost two huge employers in the last 50 years. The fed. govt and the railroads. We're one or two factory shut downs away from becoming Detroit.

These places are going to need businesses for people to work and people who are willing to work in order to improve them. You'd be lucky to get one, and it's very likely you won't have both of these scenarios.

Freeport Illinois is looking like these slide shows.

 

The pictures are very kind to Detroit. It really is worse. I was just there a cpl months ago for the MI state coin show, remember?

Greed, bad management and unions destroyed Detroit. 3 decades of liberal taxation, regulations and corruption did not help either. ( As a city, not national ). On the local level.

As taxes were raised, the business left to lower tax citys and states. As the Japanese auto companies started to build plants in America, they avoided Detroit like the plague, they are in business friendly southern states now, no unions and better tax structures. They still have the CAFE standards tho, so we cannot fully blame regulation.

I have 4 years of after high school education and 2 journeymans cards, 1 from Detroit and 1 from aerospace in California, both 100% union actual journeymans cards , yet I have a cousion in Detroit making darn near my wage by pushing a broom. C'mon, over $30 an hour for a janitor? You wonder why a new car costs 20K.........