While the stock market in the US continues to surge (if not so much in China where the composite is back to 2009 lows) as the relentless liquidity tsunami makes its way into stocks, and other Fed frontrunning instruments, and only there, reality for everyone else refuses to wait. Last week we saw reality striking in Greece, where a section of Athens literally shut down after it ran out of all cash. Today, reality comes to the US, and specifically its poorest city, Camden, which is a twofer, doubling down also as America's deadliest city. It turns out Camden is about to become even deadliest-er, as its police force is set to be disbanded following a budget crisis in this effectively insolvent city.
This city, long among the nation's poorest and most crime-ridden, is on the verge of dismantling its police department and starting anew with a force run by the county government.City officials are making the move to increase the number of officers while keeping the cost the same by averting rules negotiated with a union that city officials have seen as unwilling to compromise.Unless the union - which is skeptical of the stated motivations for the change - reaches a deal with the county, no more than 49 per cent of the city's current officers could join the new force and those that do will get pay cuts.John Wilson, a 57-year-old unemployed baker who's lived in the city his whole life, thinks it's worth a try.'The police in Camden clearly haven't been doing their job,' he said last week as he walked to his home in the Parkside neighborhood, which has seen six homicides since the start of 2011.'Any change has to be better. It can't get worse now.'
Oh yes it can. Here's why:
Officials say there are about 170 drug markets operating in this city of 77,000 near Philadelphia, more than 700 people on parole and 600 registered sex offenders.The murder rate is unthinkably high. In 2007, Newark attracted national attention for a record number of homicides.As of Friday, there had been 47 murders this year. The city record of 58 was set in 1995.
One can only hope this is not a harbinger of what is coming to all American cash flow, not money dilution ability, ends. Sadly, for Camden there is no more hope.
this is the purest example of decades of entitlement at work by the dumocrats !! i say fence the city in and let survival of the #1 fittest take over. man, after over 50 years of giving to these animals i just cannot understand why someone does not get the real picture.
ReplyDeleteThis is where we are headed. Salisbury is in a very bad position and headed in a similar direction as Camden, N.J. When taxation went out of control, businesses that were the heartbeat of the city went elsewhere. Yay unions, yay unions...right? Wrong! Couple outrgeous wages, unbelievable health benefits and the high taxes...the businesses couldn't afford to stay. The infrastructure created to service the businesses and the related workforce were then forced to service people with no jobs and no money. This meant that the services such as law enforcement became overloaded due to the crime which came about because of lack of employment. Making matters worse, people moved out of their houses and rentd them to people who couldn't afford the rent....which led to government subsidies..or section 8. Everyone knows that section 8 means low income, crime ridden rentals. Some still live in a fantasy world and call it "affordable housing". Call it what you want...it's a formula for disaster. The liberals push for this in order to buy votes at election time. But what they are really doing is selling this city out. Unless spending is slowed and manufacturing is brought into this area, I'm afraid the prognosis is dim. The math is the same no matter who pushes the buttons on the calcultor. Whether it's here or 150 miles north. The formula is the same. Unfotunately the cancer will not limit itself to salisbury. If surrounding towns don't prepare well in advance, they will fall victim to the overflow from Salisbury. Already Fruitland and Delmar are seeing signs of gangs. There are bad times coming for the Eastern Shore.
ReplyDelete'The police in Camden clearly haven't been doing their job,'
ReplyDeleteI don't think so. Laws that protect the criminals are the blame.
7:36 is right on the money. But you can go even further. When the houses became run down and the taxes became too high, the homes became worthless. A liability. You can't keep them rented because the animals tear them up. Animals is what they are. It's cheaper to let the city take them rather than pay taxes and keep repairing them. Then they are boarded up because the city can't sell them. Thje drug users and prostitutes start getting into the houses from the allies. The slums just spread further and further out. And yes some parts of Salisbury are like this now. And you're right again. Fruitland is feeling it and now Delmar is feeling it. Remember the shooting there a few months back? Gangs are popping up there because the pressure is on in Salisbury.
ReplyDeleteThe City of Salisbury is approximately 95% rental and there is a reason from it. The majority of renters are entitlement sponges. With the entitlement sponges is the fact that People of Entitlement create the most crime in this country. Hence the high crime rate in Salisbury. Another factor to consider is the fact that Slum Lords are getting rich off of housing vouchers. Our own Councilwoman Laura Mitchell slops at the government troughs with her housing vouchers at properties owned by one of the biggest slum lords in Salisbury, Dale Dashiel.
ReplyDeleteThe City of Salisbury is approximately 95% rental
ReplyDeletebs. that is impossible
Where's that guy who tried to argue with me about this city?
ReplyDeleteBelieve me now?
I don't think so. Laws that protect the criminals are the blame.
ReplyDeleteSeptember 25, 2012 8:03 PM
Which laws would they be?
When the government agencies purchased enough ammo to start WW3 it appears they new what would transpire.
ReplyDeleteAmerica will fall to the entitled none working idiots with obamie.
We have taught these people that this is a way of life , make babies , don't work and everything is fine. Good ole government will take care of you.
When the entitlement runs out , war within our borders , bodies will lay in the streets for months.
who the hell is mitchell anyhow. whoever heard of her before she ran for council.
ReplyDeleteLet me say this I grew up in Audubon Nj which is 10 mins away from Camden and back then in the 1980's it wasn't even a safe place however it took the downward shift in the 1960's due to NJ being very liberal the city becoming over taxed jobs leaving and families leaving..... This of course left many homes empty so the low income people moved in and with it came the crime after slum lords bought the properties.... Salisbury needs to wake up as the very same thing is gonna happen here and the criminals will take over... What's worse is the police can't or won't do anything because of lawsuits from the criminals saying they had some sort of rights violated.... All that does is continue the downward spiral..... Joe I honestly hope you can beat Ireton as the guy will not show any backbone to criminals in this town that I love so much
ReplyDelete