Friday , 7 August 2020

Tag Archives: Detroit

Statism is turning America into Detroit – Ayn Rand’s Starnesville come to life

Look at this description of Detroit from today’s Observer: What isn’t dumped is stolen. Factories and homes have largely been stripped of anything of value, so thieves now target cars’ catalytic converters. Illiteracy runs at around 47%; half the adults in some areas are unemployed. In many neighbourhoods, the only sign of activity is a slow trudge to the liquor …

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#Detroit Goes Bankrupt, the Largest City to Do So in U.S.

DETROIT — 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. The decision to turn to the federal courts, which required approval from both the emergency manager assigned to oversee the troubled city and from Gov. Rick …

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