Modern Cities - Tribal Detroit

Detroit may be the first of a dozen huge U.S. cities to have declared bankruptcy.  But it’s OK because on the same day as Detroit went down, Moodys upgraded the credit rating of the entire country.  Feel better now?

Oh yes, and President Obama reminded you that he rescued you from the recession you are now in.  He pointed out that he personally made things right at General Motors too.  And today we’re told that GM outsold Toyota world-wide in Q2.  (Forget the report that GM had a huge loss in Europe).  To boot, Auto Trend Magazine says the Chev Impala is “peachy”.  Imagine how the pre-Obama GM shareholders and pensioners who lost everything feel about that. 

So if you are one of the 700,000 who still live in Detroit, call one of the 1.7 million jobless residents who were ejected from the city in tears and tell them all is well.  Never mind that their homes have been bulldozed and there are no jobs and the power is off and the city is bankrupt.  If they had stayed they might soon be living in a shiny new proposed $444 million hockey arena that I suspect will be used as a homeless shelter.

The President has your backs, Detroit.  He knows that he can count on you.  You keep proving him right.