Credit card industry may cut $2 trillion of lines

[Mi Bankruptcy]

Every City has these types of places, some worse than others.I have traveled all over the country. Some people insulate themselves from these types of pictures. My town of 9K thousand has places I would be reluctant to live due to the area( not crime). However, my town also comes together for the lighting of a Christmas tree. So, Shabam while it is easy to find photos such as you posted. It is not as easy to show what the city has done to improve.

I do agree, Michigan put all of it's eggs in one basket. I am mad about it. However, maybe I will be able to buy some property that does not cost 30K for an acre in the next 10 years since the high wages will be leaving.

[Bandit]

Every City has these types of places, some worse than others.I have traveled all over the country. Some people insulate themselves from these types of pictures. My town of 9K thousand has places I would be reluctant to live due to the area( not crime). However, my town also comes together for the lighting of a Christmas tree. So, Shabam while it is easy to find photos such as you posted. It is not as easy to show what the city has done to improve.

I do agree, Michigan put all of it's eggs in one basket. I am mad about it. However, maybe I will be able to buy some property that does not cost 30K for an acre in the next 10 years since the high wages will be leaving.

I thought Grand Rapids and western Michigan is doing great? I know Benton Harbor & Detroit not so much but most of the western part & like in the thumb area is doing better. yes?

Another little town in Indiana called Michigan City is doing well, They have a big casino there bringing in business and that beach area is real nice to visit.

[shabam]

Every City has these types of places, some worse than others.I have traveled all over the country. Some people insulate themselves from these types of pictures. My town of 9K thousand has places I would be reluctant to live due to the area( not crime). However, my town also comes together for the lighting of a Christmas tree. So, Shabam while it is easy to find photos such as you posted. It is not as easy to show what the city has done to improve.

I do agree, Michigan put all of it's eggs in one basket. I am mad about it. However, maybe I will be able to buy some property that does not cost 30K for an acre in the next 10 years since the high wages will be leaving.

I agree with that. I also did not post the above pic with the intention to offend anyone. Well maybe Bandit since I seem to be his new target of the month. Certain people seem to have a history of using union style tactics to provoke others. Causing them to get hostile in defense and consequently banned.

I don't know about Bandit but I am more interested in learning from others and helping one another out through this bk process rather than debating irrelevant issues or one's personal opinion.

[Mi Bankruptcy]

I thought Grand Rapids and western Michigan is doing great? I know Benton Harbor & Detroit not so much but most of the western part & like in the thumb area is doing better. yes?

Another little town in Indiana called Michigan City is doing well, They have a big casino there bringing in business and that beach area is real nice to visit.

Grand Rapids was doing great. However, they have lost some non automotive manufacturing jobs to Mexico. They lost two companies. The state has promoted a company that builds solar roof shingles. Although I am not a huge fan of our Governor I can definitely see where she is trying to take the state. She has really pushed the health care industry and alternative energy industry.

[Bandit]

Grand Rapids was doing great. However, they have lost some non automotive manufacturing jobs to Mexico. They lost two companies. The state has promoted a company that builds solar roof shingles. Although I am not a huge fan of our Governor I can definitely see where she is trying to take the state. She has really pushed the health care industry and alternative energy industry.

Once they give jobs to something like mexico, it is over. Then look at their economy (mexico) & it becomes very clear the people are tired of being taken advantage for their labor and are very restless.


Do you mean take the state in a good way or in a bad way?
Never uderestimate what a woman can achieve, on the other hand governers are all getting their heads chopped lately.

I used to visit all over there when I was kid, especially around detroit & dearborn area. Then the western side like the michigan dunes & saugatuck. Things were hopping then so I have fond memories.

[AMISLANDER]

Being a native Michigander, I take no offense...I thought Detroit was like that in the 70's when I was in school....hmmm...nothing's really changed then, eh?

[Bandit]

Being a native Michigander, I take no offense...I thought Detroit was like that in the 70's when I was in school....hmmm...nothing's really changed then, eh?

Good point. It was always like that.

[Minnymouth]

Bandit and Shabam, I SUGGEST you both take your "personal attacks" into private instant messaging!!!!! The forum has rules regarding "personal attacks", READ THEM!!!! This goes for anyone else also....................

Shabam, your photos could be from just about any city in the US...... all have their slum areas and areas that are being torn down and redone.

At the present time, all cities/states in the US is suffering from foreclosures, business closings, loss of high paying jobs, and loss of many mid-income jobs.

I personally, as others, do NOT CARE what you are worth financially...... or about your wealthy or poor background. Evidently bankruptcy shows no "mercy" to anyone or ethic backgrounds.

Clean your postings up on this forum, stick with the topics at hand.

A good debate is a "good thing", personal attacks and arguing is not going to be tolerated....

There will be no more personal attacks, or I will start banning members and give them a little time to "think".............

Minny

[Mi Bankruptcy]

Detroit has done some serious renovations to their infrastructure. They have started cleaning up the rivers with new buildings, stadiums as well as other infrastructure projects MGM casino is now located in Detroit.

I am not a huge fan of Unions, I watched as I worked in a grocery store and they took my money and would never lift a finger if I had a compliant. My wife experienced the same thing when she was a grocery store clerk. They take the dues but never fight for you. UAW has it's issues. My dad who retired as a janitor used to be a Union Rep. He said this to me as an example.

Suppose you were a great worker for 10-15 years. You get a divorce or your kid gets sick and you start missing work or being late. This was never the case before. The union is there to protect that person.. Not the person that skipped out of work after clocking in, selling drugs on the floor or the other abuses. Yes, this can happen in any industry. However, the biggest issue I have with the UAW is the sense of entitlement the employees feel they deserve. You can see it on interviews during striking and the conversations I have had with friends working for the automotive sector.

Bandit... I think our Governor is doing a great job. People are hurting so they can only see the immediate picture. However, Michigan is currently in the black with one of the highest unemployment rates in the country. That's good management. Government is also very lean

[Bandit]

Detroit has done some serious renovations to their infrastructure. They have started cleaning up the rivers with new buildings, stadiums as well as other infrastructure projects MGM casino is now located in Detroit.

I am not a huge fan of Unions, I watched as I worked in a grocery store and they took my money and would never lift a finger if I had a compliant. My wife experienced the same thing when she was a grocery store clerk. They take the dues but never fight for you. UAW has it's issues. My dad who retired as a janitor used to be a Union Rep. He said this to me as an example.

Suppose you were a great worker for 10-15 years. You get a divorce or your kid gets sick and you start missing work or being late. This was never the case before. The union is there to protect that person.. Not the person that skipped out of work after clocking in, selling drugs on the floor or the other abuses. Yes, this can happen in any industry. However, the biggest issue I have with the UAW is the sense of entitlement the employees feel they deserve. You can see it on interviews during striking and the conversations I have had with friends working for the automotive sector.

Bandit... I think our Governor is doing a great job. People are hurting so they can only see the immediate picture. However, Michigan is currently in the black with one of the highest unemployment rates in the country. That's good management. Government is also very lean

You know they sent all those factories away to pay cheapo labor. It would not have helped as much as you might think if they had given in because they still would not be making that much when you look at what really went down. When they moved, the same wages of $20 an hour dropped to $7 an hour, in the new location.

So basicly that union you worked for was worthless and had built its own little empire that could be used against you. they aren;t all like that.

That sense of entitlement is in everything today, not just unions. all the kids are raised thinking that way & you dont need a union for it. they come out of college thinking they are entitled to the highest paying jobs & are gonna run everyone over who was there before them.

They have their pros & cons, but to blame the entire economic situation on unions as others have, is not true.

I also remember the great trips over the ambassador bridge.

[Overmylimit]

C'mon I watched the video form Shabam's post and I know it's bad but when I heard Elvis singing in the Ghetto I had to laugh. I could make the same video here in Stockton Ca...I could go to all the bad areas of town and put Elvis (who is still the King) music to it. There are bad areas everywhere and no place will be safe from the Depression that will hit.

[StartingOver08]

C'mon I watched the video form Shabam's post and I know it's bad but when I heard Elvis singing in the Ghetto I had to laugh. I could make the same video here in Stockton Ca...I could go to all the bad areas of town and put Elvis (who is still the King) music to it. There are bad areas everywhere and no place will be safe from the Depression that will hit.

You are exactly right. We even have bad areas here in South FL LOL

[JRScott]

Honestly I wouldn't cry if they just outlawed credit cards.

They are a primary reason why consumers in this nation have gotten themselves into so much trouble. It's funny that the Bible, Koron, Tora, Book of Mormon, etc all teach against debt. It is one of the common threads of all the world's religions, yet we choose to ignore that age old wisdom.

In truth credit has been to easy to get, and it is time to make it harder to get and make it less prevelent.

[shabam]

C'mon I watched the video form Shabam's post and I know it's bad but when I heard Elvis singing in the Ghetto I had to laugh. I could make the same video here in Stockton Ca...I could go to all the bad areas of town and put Elvis (who is still the King) music to it. There are bad areas everywhere and no place will be safe from the Depression that will hit.

I don't know where you guys live but that is certainly not the norm around here. Areas like that are a disgrace and embarrassment to us and our country. Common sense would be to bull doze them down.

Having traveled extensively overseas we are one of few developed countries that still has places that look like that. The only places I have seen which resemble them are all situated in third world countries. For me, one area is one too many. And you guys are saying there are more places like that.

[Mi Bankruptcy]

I don't know where you guys live but that is certainly not the norm around here. Areas like that are a disgrace and embarrassment to us and our country. Common sense would be to bull doze them down.

Having traveled extensively overseas we are one of few developed countries that still has places that look like that. The only places I have seen which resemble them are all situated in third world countries. For me, one area is one too many. And you guys are saying there are more places like that.

Every City has "Ghetto" area. Some are worse than others. As I said before you can pick and choose what you want to see. Being in the service I have also traveled overseas to different countries and have also seen areas like these. The only difference is they were on a smaller scale because the area was never that wealthy to begin with( smaller scale).

However, the fact is with Detroit several of the buildings stem from manufacturing and people that needed housing. William ford started building his factories he also started building places to house workers that he also paid top wage so they could also afford his products. Making top wage they moved out of those areas to buy homes. Additionally, several of those sites where factories were established have contaminated soil and is not livable per OSHA or EPA. No one had or wanted to spend the money to clean up the contamination. However over the past years.. This is changing and they are starting to clean up the areas and plow down old buildings. Be original show a video about the building that is going on. Likewise, why would you destroy some old mfg plants if they could be used again or you thought manufacturing would once again increase. I watched last night on the news how they just brought back a old glass manufacturing plant in OHIO to build solar components

On the same side of contamination this is where the UNION came in to protect the employees from having to work in these conditions. Unions had a place and significant place in history for the U.S. I don't feel the same anymore.

http://www.youtube.com/watch?v=DbOHwYcmT3A

http://www.youtube.com/watch?v=vE21mRGXpdY