Detroit - Motor City - RIPPED OFF.. RAPED - residents / retirees ...
Mike Ilitch, and Marian Ilitch billionaire owners of the Detroit Red Wings, Detroit Tigers, and Motor City Casino, among other businesses are getting from the State of Michigan, County of Wayne, and Detroit tax dollars to build a MINI ice arena to house the Red Wings. The Ilitch's still owe Detroit up to $12m, for failing to secure and maintain historic Detroit Tiger Stadium, per agreements to maintain it as it was in 1999, when it was closed. Ken Cockrel, Detroit's now revered councilman, admitted Ilitch owed the money, promised to 'do everything I can to get the money', but failed, and never explained - Why not !!!
The Ilitch's own the Motor City Casino, despite owning two (2) professional sports teams !!! Poor disgraced Pete Rose can't enter the baseball Hall of Fame, because he BET on baseball games - He should have invested in a Casino.
The State, and the Detroit Downtown Development Authority which gets / captures tax revenue from a defined downtown area - and wants to expand its area, to get even more tax dollars) and the Detroit Economic Developent Association (George Jackson - had a major hand in the 'demolition by neglect' of historic Detroit Tiger Stadium per Ilitch (rumor has it), has guaranteed $235m dollars to support the arena and development of the area around the MINI arena - and the taxpayers are told that "no tax dollars will be involved (spent)"...It must be STOPPED !!!
Detroit is in bankruptcy - retirees face the loss of their pensions and health care benefits, and the EMF allows the use of DDDA / DECG funding to support a billionaires project - that Ilitch can mortgage himself with Dan Gilbert.
The EFM Orr also wants, with the help of his old law firm, to give 75c on the dollar to two banks, to finance the debt from a soured deal to rescue the City from their pension obligations. This is the same Orr who said he wanted City debtors to get a mere 10c on the dollar - its seems only the retirees were offered 10c - and everyone else may get much much more - because they can get more financial benefit from again selling bonds to the City.
The City in bankruptcy is also going to give financial aid to a 'Disneyland ride' the apporved M1 light rail system (3.3 miles in Mid Town with 13 stops - in that short track) while a region wide bus system is still a dream, and Detroit residents don't have bus shelters and a real on time bus system.
Detroit taxpayers and retirees are being ripped off - it must stop !!!
Some one must stand up and say 'stop the deceit, stop the lying, help Detroit, but don't take advantage, don't continue the 'rape' of Detroit.
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