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View Full Version : Councilwoman JoAnn Watson: Detroit, Michigan Deserves a GM-size Government Bailout



FrankRep
04-12-2011, 08:13 PM
http://www2.metrotimes.com/sb/156088/Watson.jpg
JoAnn Watson, Detroit Councilwoman (Democrat)


JoAnn Watson: Detroit deserves bailout 'at least' as big as GM (http://detroitnews.com/article/20110412/METRO01/104120394/JoAnn-Watson--Detroit-deserves-bailout-%E2%80%98at-least%E2%80%99-as-big-as-GM)


The Detroit News
April 12, 2011



Detroit —Councilwoman JoAnn Watson is reiterating her call for a government bailout of Detroit, saying the city that built the middle class deserves as much help as Wall Street or General Motors.

Addressing the City Council today during Mayor Dave Bing's budget presentation, Watson gave a spirited pitch for federal funds to help the city whose population declined 25 percent since 2000 to 713,777.

"We are worth it. We are worth at least as much as General Motors or Chrysler or the Wall Street bankers," Watson said. "It was this city that built military vehicles for World War II. It was this city that (invented) the middle class and the five-day work week.

"We should not be in a position to be victims. We are victors. And we should demand respect."
cindy25
04-12-2011, 08:22 PM
Detroit needs to be converted to an enterprise zone, exempt from taxes, similar to Puerto Rico and separate from the state of Michigan
aGameOfThrones
04-12-2011, 08:23 PM
With all those accomplishments...why not.
aGameOfThrones
04-12-2011, 08:25 PM
Detroit needs to be converted to an enterprise zone, exempt from taxes, similar to Puerto Rico and separate from the state of Michigan

Exempt from some, but not really.
Sola_Fide
04-12-2011, 08:25 PM
Our country is doomed.
FrankRep
04-12-2011, 08:28 PM
With all those accomplishments...why not.
What accomplishments? Detroit destroyed itself with Socialist policies.
aGameOfThrones
04-12-2011, 08:34 PM
What accomplishments? Detroit destroyed itself with Socialist policies.


I forgot to add "/S" to the end of my post.
AGRP
04-12-2011, 08:34 PM
Why not? She has a compelling argument if you compare it to the current bailouts.

The general public isn't concerned over the trillions handed to international banksters.