This afternoon I passed the Roosevelt Hotel on my way to the Oyster Bar. Several protestor were gathered before the entrance and a larger contingent of police were surveilling the situation. The group were passing out leaflets against the bankruptcy of Detroit. The city's creditors are trying to collect 100% on the $18 billion plan with the help of the state-appointed manager, Kevyn Orr.
Back in 2008 Mitt Romney wanted to let Detroit go bust.
The GOP are experts at hard-love unless it comes to the banks, who were bailed out to the tune of $1.2 trillion in 2008.
"Let them fail," I suggested on this website.
No one listened to me and no one listened to the protestors at the Roosevelt Hotel.
The banks want their money, even though they ravaged the pension funds through crooked mortgage-packages and over-bloated bonuses to their CEOs.
An old lady listened to the complaints from the protestors.
"I don't understand."
"Understand that the banks and GOP are trying to destroy the workers of this country. They want everyone to be poor. They want us to live on the prairies in tents." I hate the big banks and fully believe in burning them to the ground, but if that's not possible, then it's time for Detroit and other cities and towns and individuals to declare 'International Write-Off Day'.
If it was good enough for the banks, then it's good enough for us.
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