Another victory for trade unions

…from the quill of Antisthenes the Younger

From this point on, in order to pre-empt an allegation of bias, it is all in the words of the British Broadcasting Corporation (the Left propaganda outlet):

 An emergency financial manager with wide-ranging powers has been appointed for the troubled US city of Detroit, in the biggest state takeover for years. Detroit’s finances have deteriorated because of the decline in the car industry, mismanagement and corruption. The city is running a $300m (£200m) deficit and has debts of some $14bn.

 Mr Orr was appointed by the Michigan state Governor Rick Snyder, who described the situation as a “crisis” and something that had to be resolved. He will have the power to override its elected officials, rewrite labour contracts, privatise services and sell assets. …

Once the centre of the automotive industry, Detroit’s population has more than halved from its peak of two million in the 1950s. It was once the fifth largest city in the US; now it is the 18th, with 700,000 inhabitants. At 18.2%, unemployment in Detroit is more than double the US average of 7.7%.

The city has been running a deficit for nearly 10 years, struggling under the weight of its pension and health insurance commitments. …

This week, a former Detroit mayor, Kwame Kilpatrick, was convicted on charges of corruption and bribery. He was found guilty on 24 charges that included racketeering, fraud and collecting kickbacks for city contracts. …

.. Jim McTevia, a specialist in restructuring at the financial consultancy McTevia & Associates: “Make no mistake, Detroit is bankrupt.”

About Antisthenes

A Greek philosopher, a pupil of Socrates. Led a revolt, with Diogenes, against the demands of the city-state and the sophistication of life. Accepted the interrelation of knowledge, virtue, and happiness; and sought the ideal condition for happiness in return to primitivism and self-sufficiency. Rejected all social distinctions as based on convention, scorned orthodox religion as a fabrication of lies, and studied early legends and animal life in order to arrive at a true understanding of natural law. The individual was free and self-sufficient when he was master of his passions, secure in his intelligence, impervious to social or religious demands, and satisfied with the poverty of a mendicant. Needless to say, a person who on the Fog of Chaos adopted the Athenian philosopher's name has nothing whatsoever in common with him.
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3 Responses to Another victory for trade unions

  1. Softie says:

    Not only the trade unions, but also greed and entrenched welfare mentality.

  2. W Exercisio says:

    Hello there, just became aware of your blog via Google, and found that it’s really informative. Trade unions are white-anting the entire economies everywhere.

  3. Terry Small says:

    Offshore exploration, on shore car manufacture – unions and their ALP government close them all, and that just last few days.

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