Detroit's Bankruptcy

Dear Patriots (bcc herein w/permission to forward),

  Thank you William for your analysis. It is SPOT ON.

  Sharing with the Folks so they may be made aware that they have NEVER been alone in what The Politicians and their NUMEROUS Special Interest Collaborators made them to believe was-  'Old School' thought requiring a 'NEW APPROACH'.....like OUR History & Constitution.

Deo Vindice,

Craig Maus

President, The Confederate Society of America ________________________________________________

-----Original Message-----

From: William Ham

Sent: Sunday, July 21, 2013 5:23 AM

To: Undisclosed recipients:

Subject: Detroit's Bankruptcy

Well, Detroit is bankrupt.  It appears they have been bankrupt for sometime, they just wouldn't say the word.  All sorts of reasons for this are being put forward, corrupt politicians, a long string of Democrat mayors, public and private labor unions and finally auto manufacturing leaving town in

search of lower wages and a more responsible work force.    In this short

essay I'm going to take a look at these reasons from my perspective.

Automobile manufacturing was the life blood of Detroit so I must start there.  The Fifties were the heyday of the automobile.  The labor unions recognized this and demanded higher wages.  It's the role of management  to consider the long and short term effects of any pay increase.  They thought it would never end and agreed with little push back to what has proved to be unreasonable wage and benefit demands.  They forgot some of the basic laws of the free market, there's always someone, somewhere working on a cheaper better product, and capital can easily be moved.  And that's what happened.

Caterpillar almost went bankrupt when the Japanese Co. Komatsu came on the

scene. Management knew they had to do something.   In 1994-95 Caterpillar

dealt with a 17 month long strike, with the UAW members finally returning to work with out a contract despite record profits for Cat.  Management pushed back and did what needed to be done to save the company and in long run thousands of UAW jobs.  A  lot of white shirts got dirty in the process.

The rise of the public sector unions in the seventies gave birth to what is almost a Perpetual Motion Machine; in other words a alliance between public sector unions and politicians, you keep electing me and I will see that your

wages and benefits continue to increase.   The tax payer was treated like a

frog in a pot of water.  The water kept getting hotter as the politicians continued to raise taxes to provide more benefits and higher wages to the unions.  Finally the water got so hot those that could left Detroit, further eroding the city's tax base. 

Detroit has had a long record of Democrat mayors and as I see it, a basic tenet of the Democrat politician is, "you, Mr. voter, are not getting a fair shake, elect me and I will protect you from that greedy rich man."

Protection is never free and the rich man, the job and capital provider, just calls the moving van. 

Regarding corrupt politicians, they usually elected by a corrupt electorate.

When I say corrupt electorate I don't mean voters who take money under the table.  I'm using "corrupt" here to describe citizens who, when they do vote, do little to independently determine the true facts about a candidate.

They are often satisfied if the candidate's skin color matches theirs.  They forget everyone and I do mean everyone has an agenda and the candidate's agenda always sounds good.  We have all heard it but continue to deny the truth contained in the phrase " if sounds too good to be true it probably is.  The only thing free in this life is God's saving Grace, everything else comes with a cost.

Finally, are the gods giving us a preview of America's future?  I think so.

Bill Ham

If you voted for President Obama this time or lastI hope you tell your children that you took out loans in THEIR NAME so that YOU didn't have to face the music and could continue to live your happy carefree life.

Bill Ham

The welfare of humanity is always the alibi of tyrants." Camus

Who was Charles Martel?

Who is Bernhard Goetz?