Congress Denies Detroit ‘the Bankster Treatment’

Saturday, July 27, 2013
Posted in category Detroit

Oh no! Detroit has been denied the glorious opportunity to have the Feds come in and bail the city out with taxpayer booty and centrally plan the city’s future via another few decades of political pandering and bureaucratic bumbling. From the Bloomberg article:

In interviews with 10 U.S. lawmakers yesterday, one of the few to support a bailout for Detroit was Senator Tom Harkin, an Iowa Democrat on the Appropriations Committee.

“There might be something we can do to help,” Harkin said. “Helping with infrastructure development, rebuilding the inner cities, helping them modernize their city, making it a livable place once again, that creates jobs.”

So that means the city will have to rely on entrepreneurial vision, private planning and investment, grass roots (bootstrap) voluntaryists, risk-taking preservationists, and lastly, private security forces that rise up to replace the near-invisible public police department for the provision of security. It’s distressing to think that Detroit won’t become an outpost of the Potomac!

I chronicle Detroit’s anarcho-libertarian renewal at my blog, Detroit: From Rust to Riches. Follow me on Twitter @karendecoster.

opportunity

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4 Responses to Congress Denies Detroit ‘the Bankster Treatment’

  1. liberranter says:

    July 27th, 2013 at 7:03 pm

    Once again, my inner cynic pipes up, ever so softly in the back of my mind: wanna bet that when Detroit becomes “too” successful, without Uncle Thug’s bailout money, when the efforts of the private sector and the local voluntaryists bear the tasty fruits of free enterprise and a free society, when Detroit is completely transformed, that the banksters will come swooping down upon Detroit, uninvited, and force fiat dollars upon the city like a prison hospital patient being pinned down and force fed or given an enema?

  2. Karen De Coster » MSNBC: “Detroit is America’s Most Libertarian City” says:

    July 27th, 2013 at 7:29 pm

    [...] states that Detroit needs to “look to Washington.” Indeed, he says Detroit should be an outpost of the Potomac, just like the Banksters. Ari thinks that Congress should convene a special session to save [...]

  3. MSNBC: “Detroit is America’s Most Libertarian City”  Dark Politricks says:

    July 28th, 2013 at 5:19 am

    [...] states that Detroit needs to look to Washington. Indeed, he says Detroit should be an outpost of the Potomac, just like the Banksters. Ari thinks that Congress should convene a special session to save [...]

  4. MSNBC: "Detroit is America's Most Libertarian City" » ChrisInMaryville's Blog says:

    July 28th, 2013 at 11:55 am

    [...] states that Detroit needs to “look to Washington.” Indeed, he says Detroit should be an outpost of the Potomac, just like the Banksters. Ari thinks that Congress should convene a special session to save [...]

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