Thursday, July 18, 2013

That ole Motown magic don' work no more

Len was shocked... NOT... to learn today that Detroit has taken the pipe, so to speak... and I'm not talking about the crack pipe either. [Why would we think that? Ed.] I'm talking about the biggest municipal bankruptcy in the history of the US of A. $18 billion and counting. Wow! What kind of insane investor would have lent them that kind of money or bought their bonds? [Errr... Ed.]

So what went wrong? Wasn't Detroit too big to fail? Not to mention too prosperous -- all those cars and... errr... cars. The business and economic analysts of the lamestream media have it all figured out. Michael Babad, writing in the Globe and Mail's Business Briefing (and therefore supposedly objective, being outside the US) says it all comes down to three things -- neglect, corruption and exodus.

By "exodus", Len thinks Mr. Babad means "white flight". Flight from what? Well, from neglect, corruption and possibly... hmm... gotta be careful here lest I write something politically incorrect. Let's just have a look at a map which you'll see all over the Internet in the next couple of days.


This "social map" by Eric Fischer shows the great racial divide between Detroit and its suburbs. Each dot represents 25 people. The orange dots are Hispanics. The green dots [Where? Ed.] are Asians. Can you guess which racial groups are represented by red and blue dots? Hint: it ain't necessarily Democrats and Republicans!

That's all ye know and all ye need to know.

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