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5 Feet of Fury

Kathy Shaidle's blog. Est. 2000

Countdown to race riots: Detroit edition

June 29, 2013 By Kathy Shaidle

World War Z: Declaration of Independence and other founding documents hidden away for safe keeping during zombie invasion

Real life:

A healthy, breeding female giraffe from the Detroit Zoo could fetch $80,000 on the open market. Detroit’s half of the Detroit-Windsor Tunnel was valued a few years ago at $65 million.

A prototype of the 1963 Ford XD Cobra owned by the Detroit Historical Museum carries an estimated price of $1 million. Belle Isle?

Maybe several hundred million dollars. Maybe more. If everything is indeed on the table when it comes to turning Detroit’s assets into dollars, then the possibilities are nearly endless, bewildering and sometimes bizarre.

Detroit is teetering on the brink of the largest municipal bankruptcy in American history. The city’s emergency manager, Kevyn Orr, and his team have said they want to evaluate everything owned by the city as they begin negotiations with creditors in the face of $15 billion to $17 billion in debt and future pension obligations.

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Filed Under: conservative blog

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