reply to jkennedy: Funny how as soon as others who comment can't dispute your comments, they resort to name calling like a two year old.
March 24 2011 at 4:38 PM Report abuse Permalink +1 rate up rate down Replyreply to gpfs regarding reply: Medicare has 5% administrative costs compared to the private sectors 30%. Also during the 90's our gop governor privatized and now it's costing us more with less service. Which think about it - you're handing it over to a for profit business. Why were tax dollars given to banks for processing student loans? Doing away with the middle guy has saved taxpayers millions yet the gop says to much govt - why? Because they want their banking contributors to benefit and get a piece of the pie. Same as gop state governors with more no bid contracts and privatizing. It will end up costing us more for less.
March 24 2011 at 4:35 PM Report abuse Permalink rate up rate down ReplyDo the math people 100,000 empty homes not bringing in tax revenue, not paying school taxes, not paying garbage, (someone has to pay those union sanitiation workers), whose paying to plow the streets of snow? Whose paying the water and sewar? You think this is just Detroit or chicago, think again. Everytime a bank takes a home, the bank doesn't loose --
March 24 2011 at 4:06 PM Report abuse Permalink +2 rate up rate down Replyin fact, the bank donates these fraudclosed homes to the city to avoid paying taxes.
March 24 2011 at 4:12 PM Report abuse Permalink +1 rate up rate down ReplyLast year, the Wall Street Journal reported that then newly-elected Mayor Dave Bing planned to tear down 10,000 abandoned homes. But even that ambitious goal would only take care of one-ninth of the city's 90,000 abandoned properties, according to Data Driven Detroit. If mortgage reg's and Obama did such a fantastic job then why are their abandoned homes. What would have been better working with the homeowner, or blight you tell me.
March 24 2011 at 3:59 PM Report abuse Permalink +1 rate up rate down Reply