Detroit, the cradle of America’s automobile industry and once the nation’s fourth-most-populous city, has filed for bankruptcy, an official said Thursday afternoon, the largest American city ever to take such a course.
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| Ballroom, Lee Plaza Hotel |
Thursday, July 18, 2013
Detroit Files for Bankruptcy
Detroit, the cradle of America’s automobile industry and once the nation’s fourth-most-populous city, has filed for bankruptcy, an official said Thursday afternoon, the largest American city ever to take such a course.
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5 comments:
Another Camden NJ? A 'dead zone'. Check out a piece by Chris Hedges on Camden (awhile ago), to see how America deals with these horrible HUMAN tragedies.
What I find fascinating, Linda, is how Detroit remains ready for rebirth. The city always had a large inventory of truly magnificent architecture, buildings that now stand derelict and abandoned. Like typical ghost towns, Detroit has become a ghost metropolis. There was never any economic reason to demolish that classic architecture and most of those buildings remain structurally sound. The Westin hotel is an example of a classic derelict Detroit building that underwent restoration and repurposing.
Detroit is like a barnyard boot - it needs a good scraping. It does, however, have potential.
"Roger and Me"--Michael Moore...prescient.
My first thought on Gov Snyder's appointed city manager going the bankruptcy route, was the RoboCop movie, except in this case the Omni Consumer Products corp takes over the whole city.
The buzzards have already landed, Willy. They're moving to take over Detroit's crown jewel, Belle Isle, a 982-acre island park where Lake St. Clair meets the Detroit River. Their plan is to demolish the one decent park Detroiters have, their historic refuge, and turn it into a preserve for the rich. It's perfect. The river even provides a 12-knot moat. The ultimate in gated communities.
Check it out.
http://www.commonwealthofbelleisle.com/
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