"Detroit" doesn't MAKE cars - they moved out to the 'burbs. I'm not sure but I think only the Cadillac plant is still there.

Seems to me to have been something about lower taxes in the suburbs, more land to expand, lower land costs, less regulations to follow.

ICP is still there

"We voted for you. Where is the Bacon, Mr. Obama. Bring home the bacon" ? asked a Detroit councilwoman.

Proving all the DEMS can do is SPEND SPEND SPEND> other peoples money

ICP aaaand OCP.

Both are still there.

MS/NBC this is current news? Where the heck have you been?

Oh I forgot you've been busy covering Barry Soetoro's a$$ for the last four years.

Proving all the DEMS can do is SPEND SPEND SPEND> other peoples money

Bush raised our debt from 5.7 trillion to 12.1 trillion. Romney promised to cut revenue 500 billion a year while spending 200 billion more a year on the military and 50 billion on a space program. Are you pretending the republicans are better?

Their not hurting as bad as they would like you to believe. Yes, they may not be taking in enough tax money to cover all their debts, but, they do have their CAFR accounts to fall back on in times like this. Those accounts are loaded, all towns, cities(and even counties), states, and even the Federal Government has these accounts, and those accounts are filled to the max with large amounts of stocks that can be sold, and the money used to pay off debts.

There is no pretending, the republicans are better. Odumba has already raised our debt more than Bush did and he did it in half the time.

Take a look at the 10 worst run cities and you'll find they all are run by dems.

Detroit is the cesspool of the country, level it and start over.

As usual, whenever there is a story showing just how corrupt socialist Democrats ruin cities and everything else they touch, the Krusty Fiesty Redhead and Bev from Chicago, and Seeking Sanity and all the other uber liberal morons are no where to be found on these message boards.

Larry367607

Bush raised our debt from 5.7 trillion to 12.1 trillion. Romney promised to cut revenue 500 billion a year while spending 200 billion more a year on the military and 50 billion on a space program. Are you pretending the republicans are better?

Your numbers are a little off.

These are the numbers from treasurydirect.gov

In Bush's 8 years in office, the national debt went from 5.727 trillion to 10.626 trillion, for an increase of 4.899 trillion.

Under Obama's leadership, we have seen the national debt go from 10.626 trillion to 16.549 trillion, for an increase of 5.922 trillion.

Now, to be more more technical, lets use the the federal fiscal years instead of dates in office.

From October 2001 to October 2009, the fiscal years that Bush had an impact on, the national debt went from 5.806 trillion to 11.920 trillion, for an increase of 6.11 trillion.

From October 2009 to present, the national debt went from 11.920 trillion to 16.549 trillion, for an increase of 4.628 trillion.

It should be noted that Obama's numbers in the fiscal year scenario only accounts for 3.3 years.

And also, the last fiscal year under Bush, was affected by the Stimulus Package, that spent close to 100 billion in fiscal year 2009.

It should also be noted that the average yearly deficit under Bush's fiscal years was 443 billion. This is slightly bloated because even though 2009 is included in this, Obama's Stimulus Bill was already spending money in 2009.

The average yearly deficit under Obama (using projections for fiscal year 2013) is 1.148 trillion. This is more than double, and almost triple Bush's average deficit.

At our current rate of spending under Obama's leadership, our national debt is projected to reach around 21 trillion by the end of Obama's second second term.

This would mean that under Obama's leadership, we will have added as much to the national debt, as all the other 43 President's combined (including Bush).

And Romney has not been president. Obama has. Please don't try to use Romney as a deflection.

So if you are an Obama fan, the last thing you should be doing is arguing in the fiscal realm. Stay in the social realm, it will be much more beneficial for you, and your argument.

Detroit been going downhill for long time now. Obama came into office 4 years ago. Eight years under Bush!!! Even though any President in Washington cannot really affect any one city as Detroit has fared.

no arguing except for one thing, The Avg deficit for Bush is not what he actually overspent, not even close really. Do the math it don't work out, that is because that is the number from the actual budget. He just passed emergency resolutions instead of putting things in the budget like the wars and some other stuff. Comes out just under 764 Billion a year avg (most spent at the end), and starting in 09 revenue actually went down almost 400 Billion.

Another fine mess Obama left behind - soon coming to a community near YOU!

Why don't all of you political hacks and clowns on both sides give it a rest? If they did a study on what caused a fart to stink you people would be blaming each other. Election is over and this country is never gonna be what it once was. Get used to it. As for Detroit, kill off all the gang bangers and thugs then decent people, black and white will return. You know one of the main problems so take care of it.

Golly gee, another hell hole RUN BY DEMOCRATS for OVER 50 YEARS

-----------------------

WHY are all these cities RUN BY the DEMOCRATS going BANKRUPT !!!!!!!

Sorry Detroit, Illinois got you're money!

Hush up Bandit ! All those Detroit criminals staying in Detroit is OK by me. Remember what happened to Texas when Katrina moved thousands of New Orleans criminals there? Leave these criminals in Detroit!

Annoy a Liberal

You cannot use fiscal years on Bush. He only signed off on the full year military budget $600 Billion a continuing resolution for domestic spending through March of 2009.

I don't have a complete rundown, but here is what the democratic congress added to fiscal years 2008

+200 Billion over what Bush requested.

and 2009 with Obama's help

$150 billion domestic spending to TARP not asked for by Bush

$50 billion to expand Child health coverage - to people who really didn't need it

$175 Billion of Obama requested Stimulus (part of the $873 Billion 3 year phased program).

over $100 Billion in spending on programs that Bush did not request for fiscal 2009 that were in the continuing resolution that Obama signed in March of 2009 that had caused Bush to veto the Pelosi-Reid Budget for 2009 in the first place!

that brings Bush spending in the fiscal years to $5.4 Billion that he is really responsible for.

Your numbers are a little off.

These are the numbers from treasurydirect.gov

In Bush's 8 years in office, the national debt went from 5.727 trillion to 10.626 trillion, for an increase of 4.899 trillion.

Sorry but your numbers are off. The budget office credits the sitting president from day one despite the fact budgets are passed the prior year for the next year. The fiscal year 2009 budget was passed by Bush in 2008 with a deficit of 1.2 trillion. You might like to blame Obama for spending he had no input in but that's not valid

From the conservative Cato foundation.

But there is one rather important detail that makes a big difference. The chart is based on the assumption that the current administration should be blamed for the 2009 fiscal year. While this makes sense to a casual observer, it is largely untrue. The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while Bush was in the White House. So is we update the chart to show the Bush fiscal years in green, we can see that Obama is partly right in claiming that he inherited a mess (though Obama actually deserves a small share of the blame for Bush’s last deficit since earlier this year he pushed through both an “omnibus” spending bill and the so-called stimulus bill that increased FY2009 spending).

http://www.cato.org/blog/dont-blame-obama-bushs-2009-deficit

To IREADYOU, You do make a good point, as long as they leave the rest of the country out of their problems.

This national debt issue is one of the biggest farce being perpetuated on the American society. Money is made by human and the value of it. It is a RATIO. The value we place on the resources and the goods-n-services we assign to, manage-exchange, for these resources. Is a professional sports player earning so many millions a contributor to the real health of our nation? So much that many proclaim there will not be an America for our children? Are we really destroying a nation to maintain this RATIO, all of which are phantom designs. The real fear the OWNERS know: A GOOD REVOLUTION CAN EASILY, YET BLOODY, DESTROY THIS RATIO...........

So as Dick Cheney said a few years ago, and maybe one of his only truths, "Deficits,does,not,matter."

Margaret Thatcher?

Debt Free-3278771

Socialism works great until you run out of other people's money....

They could pass a tax on drug sales, but I'd hate to be the city employee who had to collect.

@debt free,

Conservative works just fine when you borrow money and then blame other people. Think I'm joking, then check the FACTS on GW Bush and his two unpaid wars. Then come back here and spew your low informed opinion some more, OK?

Capitalism works good also when you send all the jobs overseas for the cheap labor.

Or they could raise the gas tax like Washington State is doing....currently taxed by the State @ 37.5 cents/gal and our "elite" Progressive legislatures are looking at adding another 10 cents/gal.

Yep, you got that right.....Progressive Inslee at the helm.

SallyAnn followed by numbers

a democrat created the Fed so he could borrow BILLIONS to wage World War 1...we are still paying for that war...

" Then come back here and spew your low informed opinion some more, OK?"

what are you 5?...don't believe I would be lobbing the "low informed" grenade at some one else

Where are all of the liberals and their blaming of Bush? When they can't lie their way out of a situation they are nowhere to be found.

Detroit is a cesspool...pretty much like Chicago if you think about , and Gary , and DC , and LA...

common denominator?...run by leftist liberals

Socialism works great until you run out of other people's money....

The republican solution. Cut taxes while spending more borrowed money then democrats ever thought of spending.

What a great showing of Democrat policies at play: People want to blame the "auto industry" - I thought GM was doing awesome - all in thanks to King Barry right?! Ford had record profits! So why all the problems Dtown? Answer: AUTO UNIONS - backed by who? Say it with me now - DEMOCRATS. Go figure GM & Ford got the hell out - when they LOSE money on every vehicle they build because some assembly line worker thinks they outta make $100k/year plus pension and full benefits for attaching 4 lug nuts on the driver side of a car 100 times a day - eventually problems will arise. I won't be holding my breath to see that jackass Chris Matthews or that Maddow dude report on this one.

Larry-367607 - makes zero sense but thank you for playing.

He's also a liar. Bush's largest deficit was less than half what Obama is averaging, and that was after democrats took over congress.

Look, what is basically hurting Detroit is the Liberal mentality and one party rule. When you got no competition politically and no one is concerned about keeping costs down when your in good times economically, there is nowhere to turn when times get tough.

Who can you turn to in Detroit to think through the situation when every thinking and responsible type person has wisely already left town?

I know a black christian lady who use to work in the city govt., who left the job untainted, but who knew of various corrupt Democrat politicians in the city govt. Her husband told me that these pols were killing the city financially.

BTW, I don't blame the city's financial woes on the fact that most of the city's population is black. That's racist!

The city is suffering from liberal ideology and corruption. So sad to see the Lefts illogical policies pulling down a great city and it's citizens.

Larry-367607, you just proved what I have always thought of democrates and Obama; you couldn't tell the truth to your dying grandmother.

Just bulldoze it. I doubt anyone would really miss it much. The homes cost less than the land they're on anyway. At least that way, the drug dealers wouldn't have a place to squat.

Your math is off allot the avg UAW worker maker like 50k-55k a year including benefits.

Easy to find cities in trouble and point to the left but MOST cities in the country are run by the left. Can you even think of 10 run by the right?

if you ask me if President Obama did not try to help our country out when he became president .. instead he spent and spent aswell as kept up the peace keeping wars .... if he tried to fix the problem when he got in office it would have been stop spending on the Stimulus package and pull us out of all the peace keeping wars that bush had us envolved in....... President Obama should right now remove our military from all country over seas. Stop giving away trillions of dollars to froreign goverments, also get rid of all free trade agreement that benifit foreign goverment over our own goverment . This President we got now is trying to ruining our country to the point of no return......at the end of he 2nd term it will be at the point of no return i hate to say.. this muslum President will have done his job to destroy this great Nation...............his plan in the first place.... a false Prophet...............

Sally Ann

Think I'm joking, then check the FACTS on GW Bush and his two unpaid wars. Then come back here and spew your low informed opinion some more, OK?

You didn't do a very good job checking the facts of what the reporters are telling you.

First off, There are Three ways that federal spending is tracked. On-Budget, Off-Budget, and Total Budget.

On-budget is also known as the Federal Budget. This is the original system of all budgeting for all Federal spending until the addition of Social Security.

Off-Budget came into existence with the formation of Social Security. The whole point was the money for Social Security was to be an entirely separate, self-sustaining fund, not to be touched by politicians. Later, Medicare and Medicaid were added to the Off-Budget category and combined for an Off-Budget Revenue, Outlay, and difference total.

With the addition of LBJ's "Great Society" in 1968, Democrats who controlled the White House and both houses of Congress passed and signed legistlation making the Federal Government have a "Total Budget" and allowing the Federal government to borrow from the Social Security Trust fund. There was no reason to do this other than they knew that the domestic programs they passed would cost more than projected causing the Federal (on-budget) Budget to experience deficits and they did not want to raise taxes to pay for it.

The idea was to use Social Security Funds to fund the underfunded programs and cover the coming deficits by expressing the Federal Budget in terms of the "Total Budget" numbers. those 4 years of Surpluses they like to talk about are based on the Total Budget. When the talk of 2 years of surpluses they are talking about the Federal (on-budget) Budget.

When the left talks about paying down the debt with surpluses, then you need to explain why in the best of the 4 years of "surpluses" that the US Treasury still borrowed $19 Billion.

They also figured out that because the deficits were in the Federal Budget, they could talk about Republicans fiscal responsibility in terms of the Federal Budget, making them appear worse than what they really are.

So, now it comes down to the "unpaid" wars. What happened was the deficits just domestically were bad, and the Democrats wanting to paint the Republicans as fiscally irresponsible, screamed loud and clear that they were adding to a huge federal deficit. The Republicans then moved the Iraq war spending to the Off-Budget portion of the Total Federal Budget. This made the deficts $100 Billion smaller in appearance and paid for the wars directly from Social Security instead of running the larger budget deficits and wrighting $100 billion per year more in I.O.U.'s to Social Security.

So, to say the wars were unfunded is actually unfounded. To say the wars are not paid for is true because the money is borrowed instead of increasing revenues to pay for it. To say that the wars are "off the books" is not true because it is on the books, but charged directly to Social Security instead of the Federal Budget.

So Sally Ann, you have 1 fact and multiple misrepresentations of what happened to fund the Iraq and Afghanistan wars.

Remember that Robo-Cop was set in Detroit...

Who?

Movie...

I forgot about RoboCop. Omnicorp also go belly up?

"Thank you for your cooperation."

maybe - but some cities aren't quite as CORRUPT (they had their former mayor go to jail)

While he plays golf and his wife is skying in Aspen.

Hmmm, Obama plays golf (fiddles) as America burns!

This whole country will be like Detroit at the rate Obama is going with all the good people ending up in a FEMA camp!

FEMA camps, is right where he wants us. Great control over the people that way.

President Obama in his first four years has taken 131 days

He certainly is not the king of vacation days. That honor falls to President George W. Bush, who racked up 1,020 vacation days in his eight years in office, including one five-week vacation, the most of any president in 36 years.

But really our problem is not president vacations, its congress which will barely work 1/3 of the year this year.

rich and prosperous? They weren't rich and prosperous when I LEFT the area some 37 years ago. The prosperity was around the outer perimeter - the inner city was a BLIGHT even then. They could have used it for Robo-Cop 4 as a set without needing to build sets.

It's called sarcasm. Get to know it. Make it your friend.

hey - you ever BEEN to DEEEETROIT? I HAVE - even had a house there 42 years ago. I had enough smarts to leave. Their MAIN source of income WAS the auto industry and their INCOME TAX - declining population provides less income, jobs went north.south and west (Canada is east, EH! - but some went there, too)

yeah I recognized it was sarcasm - but in the interest of fair play, I chose to poke at the caged bear (no, not the poster - DEEETROIT)

Detroit's problem is they aren't deep enough in debt...

Clearly if they simply cut taxes revenues will explode and they'll be out of debt in no time. Just like under Bush.

No, Larry...it's called "quit spending money you don't have"

go out Grand and look around - it was gangland even 20 years ago (last time I was back for a trade show) DEFINITELY not somewhere to be after dark. Just be on 94 or 75 headed OUT OF TOWN.

@Witchking

Can you tell us, or do you even dare to tell us which President gave the green light to people with CCL's to carry weapons in our National Parks. Can you Witchking? I don't think you have a clue from your low informed posts.

And why do you spout the NRA's and the GOP's lies? Obama is not going to take anyone guns away. It is physically impossible for anyone to remove all the guns the people have in the US. Bet you never even gave that a thought, did you? I hope your hate doesn't destroy you, as you have the hate syndrom real bad.

Sorry...Just logged in...R U People Stupid???HOW MUCH OF THE POPULATION IN DETROIT IS WORKING???hOW MUCH OF THE POPULATION IS TOO OLD TO WORK???hOW MUCH OF THE POPULATION HAS BEEN DRAWING WELFARE FOR AT LEAST 10 YEARS WITHOUT PUTTING IN ONE FREAKIN' RED CENT???IS ANYONE OUT THERE STILL SUPRIZED THAT DETROIT IS IN TROUBLE???????????OH...P.S. OBAMA, the one I didn't vote for, just let another 11,000,000 illegals into your country!!!!!!!!!!!!!!!!!!!!!!They are getting welfare, medicaid, food stamps, college educations, and your sorry self is paying for it.

WAKE UP PEOPLE...my name is Craig Wright...Please answer with your best reasoning.

theoverseer, another informed opinion. Ha!

Theoverseer........That does sum it up about Detroit. The working people of Detroit do carry a very hard and heavy burden on their backs. Unemployment breeds crime.

Sallyann, I'm live far safer with what you call "the NRA's and GOP's lies" then with Obama's and the DEM parties half truths.

Those poor souls in Sandy Hook had no chance to survive in their 'gun free zone'!

What a joke!!

This is happening in many cities nationwide that used to have a strong
manufacturing-based economy. Detroit, you are not alone…..In my area, near Scranton, Pennsylvania, Luzerne & Lackawanna Counties share many similarities with you economically. These cities, which were both built upon the hard work of the men & women who utilized their hands to earn a living, are struggling to find a way to sustain their cities financially, in a world where this kind of work has been devalued.

My latest "Guerrilla Historian" blog post is a pictorial essay about the abandoned Scranton Lace Factory and a tribute to all of the workers who were once employed by the manufacturing sector…... You can find "A Visual Autopsy of The American Dream "at:

I feel confident that if they knew how to fix it they would of, but it had gone on for two long. I can't figure out why the city counsel rejected the Belle Ile deal from the state.

Thank Goodness GM just built those two new factories in China. Now we can import "American" cars from Government Motors.

That is the joke here. They really thought Obama would bail them out.

Oh yeah! Joann Watson thought she had the answer. We voted for you Mr. President, in droves, now time to pay it back! (I paraphrase) You want to see why Detroit failed - start with Coleman Young and follow through to present day. Also don't forget to look at the Clown Council - I mean City Council. What a joke. They are all self serving, pompus idiots that want to protect the "jewels" of the city from being ravaged from anyone outside of Detroit. Offered $10 million a year from the state in "rent" and free restoration of one of the parks in downtown (Belle Isle) - 10 year deal never losing ownership and the idiots turned it down. I am sure that was a test by the state to see if there was any intelligent life form inside of Detroit - there wasn't!

Then see if you ever get a loan again and if so at what interest rate. Sorry but obama voters consume they do not produce. They are like weeds that will choke the entire economy as the politicians use our money to buy their votes.

so what happens if a GOVERNMENT ENTITY declares BANKRUPTCY? Doe sit cancel all of their pension liabilities? Or does it shift them to the "pension guarantee" portion of the FED? DEETROIT has been a hell-hole sh ithole for the last 40 years at least. White flight, black flight, too - the only people who live there are PO' very PO' (perhaps a few well off out in the 8 mile zone) They could bulldoze most of their housing and not even NOTICE the LOSS - because there are blocks abandoned.

@navyvet

Yep, they watched the Bush/Cheney crime family on fiscal handling of problems. Just borrow and spend, like the two unpaid wars. Isn't that what you meant? And the GOP put us in the fiscal mess with their failed polices over the last 40 years.

You must be black or a liberal. What party is putting us in the poor house? What President has doubled our debt in just 4 years? Just sit back and take your freebies like a good freeloader Obama wants you to be LOLOLOLOL

Then see if you ever get a loan again and if so at what interest rate. Sorry but obama voters consume they do not produce. They are like weeds that will choke the entire economy as the politicians use our money to buy their votes.

The Buffets, Gates, Hollywood elite and millions of others would disagree. There are more rich democrats then republicans.

They'll still be referring to the "two unpaid wars" when we hit the 25 trillion dollar mark. At some point the buck will have to stop, wouldn't you say?

@SallyAnn check this out

Libs - can we focus on the content of the article? I know you like to throw out your "facts" known to people with common sense as moronic talking points but this is about Detroit. Tell me how Republicans ruined this particular city. What state policies were responsible for this type of demise? Also what role did the autoworkers unions play? Unions who you so proudly back as demonstrated by the protests every time they are threatened. And by protests I mean Democrat protests - you know the ones where you can deficate wherever the feeling hits ya, leave your garbage everywhere and the entry fee is a bag of weed. Lost? See the Occupy Wallstreet movement.

Libs - can we focus on the content of the article? I know you like to throw out your "facts" known to people with common sense as moronic talking points but this is about Detroit

Libs quote facts because they prove your ignorance. You don't bother disputing these facts because, well they are facts not talking points as you state. If they were talking points and not facts you could argue an opposing view. Can't really argue 1 + 1 = 2, can you?

They'll still be referring to the "two unpaid wars" when we hit the 25 trillion dollar mark. At some point the buck will have to stop, wouldn't you say?

We'll probably mention the 100 billion every year for Bush's drug plan and his 400 billion a year revenue cut also. See we have all these yearly expenses Bush created to talk about. All you have is Obamacare which is fully funded. Why aren't you teabggers ever talking about all the new social programs Obama is enacting? That's right, there aren't any.

Larry 12.5: I guess you believe it's because they are so honest..., the real reason is they are better crooks and people like you that think only by party lines are the problem... You can't fix stupid but anybody with a 3rd grade education would realize both parties have some good ideas and there is a middle if negotiated. Our problem now is far-left far-right, no in between..

Obamacare fully funded...

OMG Larry, I laughed at that so hard I passed coffee thru my nose... I guess you Libtards don't consider free health care for 30 million more people an entitlement or a social program... but then you also don't consider consequences of any of your progressive blunders...

Detroit is the shining Utopia Progressives seek... borrowing, taxing, and overspending yourselves to "prosperity"... it's a microcosm of Greece... proof of Keynesian failure... proof of what happens when you abandon capitalism for socialism... a whole city turned into a liberal Urban Ghetto Welfare Plantation... with Urban Ghetto Welfare Plantation leadership looking for a bailout.... reality check time.... ha ha ha ha

Wa happon Obama recovery? Wa happon?

The stock market passed 14,000 from the low of Bush at 6400. Corporate profits are setting records and home prices are going up again. My 403B is worth nearly 3 times what it hit for a low under Bush. Sorry you missed it. You poor?

Well, keep in mind that the stock market plunged to 6400 because the Libtards tried to turn home ownership into another entitlement... Fair Houseing Act under Carter gave the gubment leverage to force banks to abdicate sound risk mgt... Dodd and Frank protested Fannie and Freddie while they bought up all the bad loans... absolving the banks of a lot of the risk... rescinding Glass-Steagall under Clinton, that let banks and Fannie and Freddie package the crap loans as securities and see them to our 401Ks. So far Fannie and Freddie have cost taxpayers $200B, and our 401Ks are just getting back... One big Liberal wealth redistribution scheme to get taxpayers and investors to foot the bill for deadbeats getting houses they couldn't afford...

Just print more money like obama. Use them obama bucks and see how long before inflation makes you look like Zimbabwe.

The 800 billion to the banks and massive money printing began under Bush as you should know. Had Bush not wrecked the economy the fed wouldn't need to try and print our way out would they?

OMG are you STILL blaming Bush??? Obama was going to heal the whole planet!!!! Remember? Now he can't even fix a CITY economy?! I'm shocked. Sorry people of Detroit but you needn't look further than your local and state representatives - overwhelmingly Democrat (especially in Detroit). See the Democrat ideals fail much sooner on a city and state level because they cannot print money to get themselves out. Nationally speaking this is your US of A in about 20 years.

Detroit would have eventually went bankrupt from generous employee benefits passed in better times. It doesn't change the fact the Bush meltdown brought this problem much closer. Without the stimulus to the states by Obama in 2009 many states red and blue would have been bankrupt.

Former GOP Governor Says Obama “Saved Florida”

Former Republican Florida Governor Charlie Crist spoke at the Democratic National Convention last night. Crist, who is now an independent, says that an image of him embracing Barack Obama in 2009, when the President was in Florida to sell his stimulus package was the end of his political career as a member of the GOP.

“I didn’t leave the Republican Party – it left me,” Crist told the Democratic audience gathered at the convention Thursday night. “Then again, as my friend Jeb Bush recently noted that, Reagan himself would have been too moderate and too reasonable for today’s GOP.”

So last night, Crist spoke to the party that he once ran against, telling the national TV cable audience, and elderly voters in his home state of Florida, that Republican nominee Mitt Romney “would break the fundamental promise of Medicare and Social Security.”

And Obama’s $833 billion stimulus bill, Crist said, “saved Florida.”

http://www.thenewsburner.com/2012/09/07/former-gop-governor-says-obama-saved-florida/

Now he can't even fix a CITY economy?!

Mike: Not too bright are you? He's president, not mayor of Detroit. It's not his job to fix it.

See the Democrat ideals fail much sooner on a city and state level because they cannot print money to get themselves out.

It isn't democratic ideals that failed Detroit it's the loss of over 1 million jobs and revenue lost when the auto industry left. The same for many like Pittsburgh that lost similar jobs with the steel industry shutting down. These cities are struggling the same as many red state cities would if say the defense industry shut down. But republicans don't allow that to happen do they?

Nationally speaking this is your US of A in about 20 years.

You realise right that Bush skyrocketed our debt from 5.7 trillion to 12.1 trillion in 8 years and according to the Ryan plan they had no plan to balance the budget until 2085 or so? Bush's last budget passed in 2008 for fiscal year 2009 had a 1.2 trillion deficit. Hard to blame democrats for spending when republicans spend like drunken sailors.

The law ( economic ) of diminishing returns was known back in the 1950's. It must be remembered that Detroit's manufacturing boom had a lot to do with manufacturing for military purposes in World War Two. What happened was Detroit chose to ignore the reality that war type manufacturing is not quite like domestic manufacturing, when it comes to demand. Detroit's city officials ignored this, the unions ignored this, and in 50 years of pretending otherwise made sure that the law of diminishing returns was proven a valid concept.

NOBODY sane wants anything to do with DEEETROIT - no matter WHICH political persuasion

by the way - I could call myself armyvet68 if I wanted to. been there, done that - likely before you were out of nappies

put a fork in it.

Sorry but I was out of "nappies" well before 68...... though I do remember what a wonderful time that was for America. I retired after 25 years in 98. Thanks for your service and Sorry for the @!$%#ty return you men and women came home to. You deserved better. You don't have to support the war but you should always respect those who answered their Nation's Call.

My vote to navy vet for cool guy comment of the year. Classy response to a somewhat snarky fellow vet.

Hey "put a fork in it"...Put a fork in i!t

Plus 1 for navy vet98 for recognition of fellow vet. Thx to all of you for serving. Look where we are. My father (WW2vet.) would roll in his grave. I heard you can buy a house in Detroit for $1000.00. Is that right? I listened to a speach by the CEO of GM last month and he said 7 out of 10 GM vehicles were produced in China. Is that correct? WTF? It is hard for me to believe any news stories unless they come from abroad.

I listened to a speach by the CEO of GM last month and he said 7 out of 10 GM vehicles were produced in China. Is that correct?

Every car produced in China is sold in China. None are imported to the U.S. Just like cars produced in Europe by Ford and GM are sold in Europe. Just like every piece of Chicken sold in China by KFC is sold by a Chinaman. A $30,000 car produced in the U.S. and shipped to China would cost $90,000 with tariffs and shipping, none would sell. I don't understand your point?

@boarder47... you might be able to buy a house in detroit for 1000.00 dollars, but WHO in their right mind would WANT to. i am not sure if a bank would loan the 1000.00 lol, let alone what it would cost to armor it against driveby attacks and assault from the local populace,... oops, i meant gangs

When will those on the right admit most of these cities wouldn't be near bankruptcy without Bush policies that have nearly bankrupted the entire country. They blame democratic initiatives for pushing no down loans that caused the housing meltdown but ignore that it was Bush at the start of his second term that pushed a bill allowing Freddie and Fannie to purchase no down loans. No single factor had a greater impact on the housing meltdown then loaning to people with No skin in the game.

Zero-down mortgage initiative by Bush is hit

Budget office says plan likely to spur more loan defaults

By Chris Reidy, Globe Staff | October 5, 2004

President Bush's weekend campaign promise that he will push legislation
allowing for no money down on some federally insured mortgages could cost
taxpayers as much as $500 million over four years because of a higher rate of
defaults, according to the Congressional Budget Office.

The election-year idea may appeal to those who can't save as fast as home
prices are rising. But some financial planners warn that increasingly common no-
and low-down-payment programs can be ruinous for some consumers -- especially if
home values decline.If housing prices fall, consumers with little or no money of their own
invested in the home are more vulnerable to ending up with mortgages larger than
the value of the house.

http://www.boston.com/business/articles/2004/10/05/zero_down_mortgage_initiative_by_bush_is_hit/

Republicans blame democrats for over spending on social programs but ignore it's often republicans creating these programs that democrats are then required to fund. Name any unfunded social program Obama has created. Obamacare is covered with tax revenue as a responsible president does. Clinton reformed welfare eliminating almost a million aliens from food stamp roles. Bush rescinded this.

Bush Plan Seeks to Restore Food Stamps for Noncitizens

By ROBERT PEAR
Published: January 10, 2002

The Bush administration proposed today to restore food stamps to many legal immigrants, whose eligibility for benefits was severely restricted by the 1996 welfare law.

The White House said that at least 363,000 people -- legal immigrants who have not become citizens -- would qualify for food stamps under the plan, to be included in the budget President Bush sends Congress in early February. The proposal would cost the federal government $2.1 billion over 10 years, the administration said. In October, 18.4 million people were receiving food stamps.

Mr. Bush's plan, or something like it, has an excellent chance of becoming law. The Senate is considering such changes as part of a far-reaching bill to reauthorize farm and nutrition programs. Under the proposal, the White House said, noncitizens with low incomes could qualify for food stamps after living here legally for five years. A similar test already applies to legal immigrants seeking Medicaid or cash assistance.

The welfare bill passed by Congress and signed by President Bill Clinton in 1996 made noncitizens ineligible for food stamps and many other types of assistance financed with federal money.

http://www.nytimes.com/2002/01/10/us/bush-plan-seeks-to-restore-food-stamps-for-noncitizens.html

When will all of you right and left wing nuts realize that both parties are bending us over the bed and giving it to us all up the wazoo!!! They are just books ends to the same old @!$%#tt. Give it a rest! Stop letting them divide us! We are all Americans and we need to come together more that ever before.The Republicans are stealing our money through wall street & sending our jobs over seas and the Democrats want us all on the government's dime while taxing us into the ground. We need a 3 rd party that is for the real people of this country and we need it now. We have to stand for our selves and stop expecting someone else to fight for us. They are killing our country and every thing that is great about her!! America needs to come together or they will win and we will be destroyed!!

When will all of you right and left wing nuts realize that both parties are bending us over the bed and giving it to us all up the wazoo!!! They are just books ends to the same old @!$%#tt. Give it a rest!

I accept that both parties share blame. I don't accept the right wing nonsense that even though the meltdown occurred under Bush and the debt skyrocketed that Bush was blameless. So I post links that prove what they say is false. Funny they never link anything proving what they say.

because your links are crap, nobody reads them, and your "blame Bush" mantra is REALLLLLY old...not to mention inaccurate.

Does it really matter anymore what Bush did? Yes, Bush made ALOT of mistakes, but Obama is making LOTS of mistakes too. Just because Bush did it, is not an excuse for Obama to get a free pass at what he is doing either. We need to come together to force Obama to start to get this country back on the right track. Unless we speak out and demand that he change course and cut real spending.

We need to raise taxes on the companies that sent our jobs over sea's. Then we can give them tax breaks to bring the jobs back. We really need to get rid of NAFTA. That program was a huge mistake. I remember everyone made fun of Ross Perot when he said that NAFTA was going to suck out all our jobs and he was right. We should have listened, but we believed the media instead.

Sometimes we are our own worst enemy. Man, Ross sure does sound like he knew what he was talking about back then. If only we had listen. We want China's cheap things instead of saving up for something if we really want it and buy American made. We want instant gratification.

Maybe we should have really listened to Ron Paul too. He believes in isolationism for a few years to take care of our selves and stop taking & paying money to the world. He is making more sense every day. But something tells me that we will not wake up until it is too late. How sad.

Larry -

The DNC called. Your "Blame Bush" award loving cup can be picked up Mon - Fri, 8 - 5.

PARTY DRONES are soooo boring.

Some here seem a little misinformed about NYC.First off we have to balance our budget every year and thanks to Guliani and Bloomberg we arent Detroit.Also if anything we bail out the state,not the other way around.That being said once our new Democratic mayor is elected they will surely give away the store to the unions to pay them back for voting for them.In fact they are all without contracts and are waiting for Bloomberg to leave.While we arent yet Detroit it can happen very quickly with a overly generous mayor and large unfunded pension obligations.