Detroit's Bankruptcy Is Just Politics...

Detroit's Bankruptcy Is Just Politics By Other Means

There are 31 comments on the Forbes.com story from Jul 20, 2013, titled Detroit's Bankruptcy Is Just Politics By Other Means. In it, Forbes.com reports that:

Prussian military theorist Carl von Clausewitz famously declared war is "mere policy by other means."

Join the discussion below, or Read more at Forbes.com.

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Lamont Hightower

Vacaville, CA

#1 Jul 20, 2013
With the big spender sitting in the white house, we are every bit like Detroit. Just a matter of time before China cashes our checks!
QUITTNER

Markham, Canada

#2 Jul 21, 2013
1:57 pm, Sunday, July 21, 2013:
RE: Detroit's Bankruptcy Is Just Politics By Other Means
..... During any recession there is not enough spending by the non-government sectors. Then, according to the theory, governments are supposed to spend a lot to compensate for that insufficient private spending. HOWEVER the theory also requires for taxes to be raised sufficiently as soon as the economy is back to normal, so that then there will be surpluses instead of deficits with that money then used not for government spending, but instead to reduce the debts hopefully to be close to zero at the start of the next recession.
..... The spender in the White house, accordingly, did the right thing to spend a lot during the recent recession.
isabella

Sweden

#3 Jul 21, 2013
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Lamont Hightower

Vacaville, CA

#4 Jul 22, 2013
QUITTNER wrote:
1:57 pm, Sunday, July 21, 2013:
RE: Detroit's Bankruptcy Is Just Politics By Other Means
..... During any recession there is not enough spending by the non-government sectors. Then, according to the theory, governments are supposed to spend a lot to compensate for that insufficient private spending. HOWEVER the theory also requires for taxes to be raised sufficiently as soon as the economy is back to normal, so that then there will be surpluses instead of deficits with that money then used not for government spending, but instead to reduce the debts hopefully to be close to zero at the start of the next recession.
..... The spender in the White house, accordingly, did the right thing to spend a lot during the recent recession.
Are you refering to Barrys onehundred million dollar vacation to Africa? or the 7 billion he'll be giving Africa to get electricity for them?
Liddy

San Rafael, CA

#5 Jul 22, 2013
Everything is approved by the federal reserve!!
QUITTNER

Markham, Canada

#6 Jul 28, 2013
11:56 am, Sunday, July 38, 2013:
RE: Detroit's Bankruptcy Is Just Politics By Other Means
..... As far as the economy is concerned, more SPENDING is needed - never mind by whom, as much as possible.
..... As far as individuals are concerned if possible never spend more than you receive as income. As I keep repeating, if you have money that is properly invested, then that money works for you and brings in more money - but if you have debts then they work against you and take money from you!
Bet you can

Castro Valley, CA

#7 Jul 30, 2013
Where's the fat boy on this one - gonna blame Detroit's BK on Gomes too?

Another title taken away from Vallejo. Damn.
gimmie gimmie gimmie

Vallejo, CA

#8 Jul 30, 2013
DEMOCRATS want to tell you how to live. If it wasn't for other peoples money, democrats would dry up and blow away
swine

Vacaville, CA

#9 Jul 30, 2013
America is DOOMED!!!
Wanglow

United States

#10 Jul 30, 2013
Black Mayor, city council comprised of mostly minorities; ALL democRATS; Detroit, Vallejo, US government, Calif State legislature and governor, ALL democRATS; just a coincidence?
BigDaddy

Oxnard, CA

#11 Jul 30, 2013
Wanglow wrote:
Black Mayor, city council comprised of mostly minorities; ALL democRATS; Detroit, Vallejo, US government, Calif State legislature and governor, ALL democRATS; just a coincidence?
Buildings blown up, four banks running the country, two (2) wars, just a coincidence?
No, just george bush.(Not going to go race 'wang')
Just an idiot who started this mess: george bush.
BigDaddy

Oxnard, CA

#12 Jul 30, 2013
Pledging a "jobs and growth" package would create 1,836,000 new jobs by the end of 2003 and 5.5 million new jobs by 2004—so far the president has fallen 1,615,000 jobs short of the mark.

george bush people!
BigDaddy

Oxnard, CA

#13 Jul 30, 2013
Running up a foreign deficit of "such record-breaking proportions that it threatens the financial stability of the global economy."

george bush people!
BigDaddy

Oxnard, CA

#14 Jul 30, 2013
Enron's bankruptcy, the biggest in U.S. history when it was filed in December 2001, cost 20,000 employees their jobs and many of them their life savings. Investors lost billions of dollars.

george bush people!
BigDaddy

Oxnard, CA

#15 Jul 30, 2013
'wang' this is not racial (this time) these are facts.

Your cousin george bush and his 'oil' wars destroyed our country!
sickie poo

Vallejo, CA

#16 Jul 30, 2013
Bet you can wrote:
Where's the fat boy on this one - gonna blame Detroit's BK on Gomes too?
Another title taken away from Vallejo. Damn.
No. Not the bankruptcy, just the sudden spread of aids in the area.
gimmie gimmie gimmie

Vallejo, CA

#17 Jul 30, 2013
big dada writes a lot but says little
Dont owe the gop nothing

Sonoma, CA

#18 Jul 30, 2013
we dont owe the G O P nothing. We can dump them as soon as we get in. They are too soft and are afraid to start what needs to be started and are afraid to stop what must be stopped; damn the hue and cry, damn the consequences to the surplus population. they are so busy getting relelected they dont do anyhting else but that stuff we got pix of for the right time. that bunch of jerks what called us the Reichpublicans has acually done us a favor. Go back to sleep, we'll turn the light out and bolt the door. JERKS.
WTF

Vallejo, CA

#19 Jul 31, 2013
This is Vallejo and soon the state of California. Take a look around, parts of Vallejo look like a war torn third world country. Standards and quality of life don't exist. Black mayor, head of code enforcement and superindent are contributing to this disgusting mess and nobody says a word. Way to go people!
Une Gaawa

Sonoma, CA

#20 Jul 31, 2013
jes gimme my chek, watt da hek, jes gimme yo chek. yak, yak, yuk. trained in beijing by renegade priests of the papl see-hee.

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