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dickseacup (66.79)

US Cities May Have To Be Bulldozed To Survive

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June 12, 2009 – Comments (5)

According to the Telegraph, the Obama administration has tapped Genesee County (Michigan) Treasurer Dan Kildee to spearhead a program to bulldoze portions of 50 US cities. You can read the details in the linked article, but I have a question:

What authority does the Federal Government have to bulldoze cities, or portions of cities? Shouldn't that be a local, or maybe State, government decision and function? 

5 Comments – Post Your Own

#1) On June 12, 2009 at 9:28 PM, russiangambit (29.40) wrote:

This reminds me of ghost towns left in California after the gold boom.

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#2) On June 12, 2009 at 9:32 PM, alstry (36.32) wrote:

There will be lots of green shoots once the plants come up.

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#3) On June 12, 2009 at 9:36 PM, bigcat1969 (89.06) wrote:

It seems the Feds have any and all power needed to combat this economic downturn.  FDR would be proud.  Thanks for the link it is a very interesting read.  Another interesting question is where are the people who are elaving the rust belt going?  They have to go somewhere unless the country is in negative population growth which I doubt very much.

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#4) On June 13, 2009 at 3:14 AM, goldstarr (26.88) wrote:

RussianGambit,

 

this is in no way even remotely related to a ghost-town. The people are still here, working themselves even harder to get back in those houses. A boom is in the making.. Russia will not be so fortunate.

Wanna talk about a ghost-town talk about moscow and the wealth that disappeared overnight. 

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#5) On June 13, 2009 at 7:51 PM, tonylogan1 (28.24) wrote:

I blogged about this back in February...

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=146282&t=01009588614429498823

The government is clearly clueless and will continue to bail out banks in every way possible. Sad.

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