What should it do with it?
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What should it do with it?
It would buy you a monkey.....haven't you always wanted a monKEY!?
Split it up evenly amongst the city council members to give to their supporters and bail Kwame out. :D
It would be moved to Florida. :)
Stuffed in off shore accounts, as usual.
Well, at least I make myself laugh.......hahaha
Negotiate with the unions so that it is shared with those undeserving. File for bankruptcy the following year.
Pay off some bills.
Not much would be done since the suburbs and state would want to spend all of the city officials time talking about how we need more regionalism and Detroit should be helping out their neighbors.
Build an actual Robocop.
If it's taxable money the Feds[[40%) and State [[6%) would confiscate about $450,000,000,000.00 to give it someone else [[like people in the suburbs). Of the $550,000,000,000.00 left, top up the Union's Pension Fund, and then if there's still some over give the Bond Holders their money back.
The first $20 bill would go to wiping out the debt.
The rest could be spent here:
- Beefing up police to ridiculous levels
- Tear down every single vacant house immediately
- Reorganize\update\upgrade\relocate government buildings to be setup as efficiently as possible
- Subways along key corridors
Krugerrands for everybody!!!
Only a trillion? Why do we have to limit ourselves to just one trillion? I mean, the sky's the limit, right? Just imagine if Detroit had one hundred million billion quadrillion trillion dollars! :cool:
Detroit doesn't need a trillion. It only needs $2.5 billion. Although this may sound draconian, Detroit could buy up every single occupied and non-occupied house if each house was valued at $22,000 plus an additional $8,000 to demolish in the following areas. There are 74,000 houses with a population of 150,000 of which 80,000 are renters. A huge geographic area. Basically imagine everything south of I-94 cleared from Dearborn to Grosse Pointe excluding Indian Village, East English Village, Eastern Market, New Center, Downtown, Midtown,[[the Motown Musuem), Corktown, Woodbridge, Lafayette Towers, parts of Mexican town, and everything between Jefferson and the River)
2) Clear out everything between New Center and the Boston-Edison District [[between I-10 and I-75)
3)The entire city of Highland Park
4)The area between Woodward and I-75 [[between 8 mile and McNichols)
5)The area between the City Airport along I-94 to Hamtramck.
BTW, if you think I'm crazy, look at FutureDetroit project. It recommends the same thing I envision as the only solution for Detroit.
77,000 houses x $30,000= 2.3 billion. [[both occupied and abandoned)
Trillion dollars eh? How about Bringing factory jobs back to the city and giving people a chance to work? ;) With that kind of dough there's gotta be a way to make it happen!
I've wondered how fast things would change for the better if thousands of jobs were suddenly available.
1. Pay off debt. Water Department first.
2. Reduce everyone's water bill.
3. Stop making it easy for suburban areas to expand by tapping into Detroit's Water supply and manage the system demand through reinvestment in older areas.
4. Invest the rest in bonds. Make safe interest instead of spending interest.