Thursday, August 1, 2013

Hey Mayor Mallory, Watch and Learn

Detroit's Death by Democracy
This column should titled "Detroit's Death by Democrats".  Or perhaps "Detroit's Death by Unions".

George hits the nail on the head here, and the proof is in other municipalities and states being run, or run into the ground, by democrats and unions.  Mayor Mark Mallory of Cincinnati should pay attention, as he might learn something.

Cincinnati's mayor and a majority of council are building a $140+ million dollar street car that has less than 2 miles of track.  The end points of that track are a stadium and a marketplace.  Just how many people will drive downtown, park their cars, get on the street car to go to either location, then get back on the trolley to their cars, and drive home?  None I say,  but maybe you get lucky with a few.

The proponents admit the fares will not cover the operating costs and intend to take tax revenues form the local casino to pay for the street car.  The problem is they have already planned to spend that money on other projects, violating the economic law that says you cannot spend the same dollar twice, much less more times.

Meanwhile the city has failed to fully fund the city employee unions pension funds as required by law.  That fund is approximately 50% funded as of the last report published. 

Will democrats and their union allies ever understand what they are doing?  Rank and file union members should stand up and be heard.