Custom Search

Wednesday, March 23, 2011

DETROITS DEMIZE WAS PLANNED YEARS AGO

DETROIT WAS WORTH MORE DEAD THAN ALIVE:
Almost a trillion dollars was poured into Detroit by the government over the last 40 or 50 years to help rebuild the city. The money instead went to tearing down and destroying the city. The automobile companies,the real estate developers and the mafia have profited heavily from the destruction of Detroit.
Mafia owned construction and demolishion companies enriched themselves handsomely by tearing down the city. Real Estate developers then developed the vacant land using government money without risking any of their own money. And the automobile companies like Gm who never liked the city because its layout favored mass transit got their wish of seeing the city destroyed.
The biggest property owner in Detroit is the city government. The properties the city controls sit empty and abondoned until they become an eyesore and ruin the entire neighborhood. And then the city comes in and tears everything down.
Most cities renovate and rebuild their empty properties instead of waiting until its past the point of no return to do something to save them.
So much of Detroit destruction was caused by a city government conrolled by the mafia and real estate developers who gained financially from Detroit being destroyed
So what come next after everything has been torn down in Detroit? The real estate developers will buy the land for next to nothing and then put something on land using government money. Mike Illitch has become a rich man doing just that.