Detroit Sold For Scrap Excerpt:
DETROIT—Detroit, a former industrial metropolis in southeastern Michigan with a population of just under 1 million, was sold at auction Tuesday to bulk scrap dealers and smelting foundries across the United States. Site of the former Detroit Museum of African-American History, which took in over $135. "This is what's best for Detroit," Mayor Kwame M. Kilpatrick said. "We must act now, while we can still get a little something for it." Once dismantled and processed, Detroit is expected to yield nearly 14 million tons of steel, 2.85 million tons of aluminum, and approximately 837,000 tons of copper. The decision to demolish and cull Detroit for scrap was approved last month by a 6-3 City Council vote after a cost-benefit analysis revealed that, as a functioning urban area, it held a negative cash value. According to scrap dealers, Detroit is an aging city in fair-to-poor condition, with "substantial wear and tear." It also bears the marks of extensive fire and rust damage, and it may not comply with current U.S. safety and emissions standards. "There's little interest in the Detroit collectibles market right now, because virtually none of it is in mint condition," independent actuary and appraiser Arnold Cortier said. "The library, for example, is almost a hundred years old. If they're lucky, they'll cull some lead or pig iron." Even structures in reasonably good condition will be scrapped, including the landmark Guardian Building. A last-minute attempt to spare it fell through late Monday when historical preservationists failed to put together the funds to tow the skyscraper out of town. Read more here: http://mobile.theonion.com/articles/detroit-sold-for-scrap,1931/?mobile=true J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:339783 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
