Posted 5 years ago on Jan. 13, 2013, 8:06 a.m. EST by jph
This content is user submitted and not an official statement
Developer pitches $1B commonwealth for Belle Isle
"Detroit — As the broken city thinks big and radically about its future, a developer is stepping forward with a revolutionary idea: Sell the city's Belle Isle park for $1 billion to private investors who will transform it into a free-market utopia.
The 982-acre island would then be developed into a U.S. commonwealth or city-state of 35,000 people with its own laws, customs and currency."
The free-market utopia,. or a way to avoid taxes and the people, while still benefiting from being IN America?
This trend of bankrupting cities, or any level of government really, and then using the "representatives" in office to sell off all the peoples wealth for the short term ability to pay down the debt is really ramping up, of late. Never paying off the debt mind you, as that would end the endless interest the 1% parasites require to keep up the Yacht Clubs and Polo tournaments. http://www.dyc.com Guess the private sub-island is just not enough for these greedy short-sighted fools.