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Saturday, June 01, 2013

 

Detroit Heads to the Pawn Shop


Russell Mead on the result of corrupt and stupidity that defined the ruling Democrats of Detroit.

Last week, Emergency Manager (and bankruptcy lawyer) Kevyn Orr decided to list the holdings of the Detroit Institute of Arts among the city’s assets in preparation for a possible bankruptcy. If the city goes through with it, it could be forced to sell off any of its assets—which now include the museum’s collection.

Museum administrators are outraged, but the choice may be keeping the art or paying for vital public services. According to Orr, the city has “long-term obligations of at least $15 billion, unsustainable cash flow shortages and miserably low credit ratings that make it difficult to borrow.” But as the WSJ reports, the city may not have a choice...

The collection, which include treasures by Bruegel, Rodin and van Gogh as well as Diego Rivera’s famous “Detroit Industry” murals, is ostensibly worth billions of dollars, but those measures can’t really capture what such artistic treasures mean to a community.

Unfortunately the city is already struggling to keep the lights on. Local businesses recently had to step in to buy the city police cars and ambulances. Meanwhile, Detroit has closed nearly a quarter of the city’s firehouses, and the department’s equipment is beginning to fall apart. At this point, the city may need the money more than it needs the art.

This is another grim reminder of just how destructive Detroit’s corrupt machine politics have been. At one time, Detroit was the manufacturing capital of America and one of the country’s great cities; today it’s trying to stave off a kind of modern-day bonfire of the vanities.

Every time Detroit seems like it’s about to hit rock bottom, a trap door opens to reveal yet another howling abyss.
There are many parasites that live off their hosts. It takes a particularly stupid parasite to kill it's host. It looks like the Democrats fit that description.  They have taken to manufacturing capital of Michigan, in fact the manufacturing capital of the country ; the fountainhead of the auto industry and reduced it to rubble as surely as if they had declared war and lost. Detroit today is a third world country due to the corruption, the venality and the rank stupidity of the Democrats that ran it into the ground and sowed salt on the ruins.


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