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View Diary: Detroit Emergency Manager Approves Go-Ahead on New $450 Million Sports Arena (247 comments)

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  •  same thing in Chicago (16+ / 0-)

    close over 20 schools, layoff ?2,000 teachers, but build a new arena.
    Can't that bankruptcy judge look in to it?  
    And the f-cking GOP says no bailout for any city.
    Plenty for wars, staduims, ect, but the poor can eat shit and die.
    Royally pissed at this!  

    Gitmo is a Concentration Camp. Not a Detention Center. Torture happens at Concentration Camps. Torture happens at Gitmo. How much further will US values fall? Where is YOUR outrage at what the United States does in OUR names?

    by snoopydawg on Fri Jul 26, 2013 at 04:29:46 PM PDT

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    •  Actually, they only laid off (0+ / 0-)

      about 2,000 teachers, about 4,000 employees total.

      And in Chicago, the stadium is being built for a private university, Loyola.

      Ed FitzGerald for governor Of Ohio. Women's lives depend on it. http://www.edfitzgeraldforohio.com/

      by anastasia p on Sat Jul 27, 2013 at 08:36:50 AM PDT

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    •  Dude, read the story, not headlines... (0+ / 0-)

      There is no City Money going to the Arena, therefore the bankruptcy Judge has no say over it. It's state money.

      Some of the cash is being funneled through the School System, but the state has promised to pay the schools back. You can believe however much of that you want. IMO, given that the beneficiary of the arena is well-known Republican Billionaire Mike Illitch, and he's very keen on keeping his reputation as a pro-Detroit guy, it's certain to be re-paid.

      You can argue that the state should be more willing to bail out pension-holders then give Pizza magnates money, but I wouldn't bother. For one thing it would take literally an order of magnitude more state money to bail out the unions then build the arena ($450 million, part paid by Illitich, so $300-350 millionish state money; vs. roughly $3.5 Billion pension obligations). More importantly, you ain't gonna convince BusinessMan Snyder and his buddies in Lansing that they should save union pensions even if you're fucking Jesus, so why try?

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