Detroit's Bankruptcy - Stephen Henderson

  • Aired:  07/25/13
  •  | Views: 19,046

Stephen Henderson of The Detroit Free Press says Detroit needs consistent policy from Washington and the state to get back on its feet. (5:07)

SOMETHING TO KEEP ME COMPANY

WHEN I'M ON THE THINKING CHAIR.

SO, FOR AS WHERE DETROIT GOES

FROM HERE.

WHO KNOWS?

THIS GUY DOES.

PLEASE WELCOME WILL EDITORIAL

PAGE EDITOR OF THE "DETROIT FREE

PRESS," STEPHEN HENDERSON.

MR. HENDERSON, THANK YOU SO MUCH

FOR JOINING ME.

WHAT HAVE YOU GOT THERE?

WHAT'S THAT?

>> BEFORE WE GET STARTED, YOU'VE

BEEN PRETTY HARD ON US IN

DETROIT.

>> Stephen: I'VE BEEN PRETTY

HONEST.

>> WE NEED YOUR HELP TO GET OUT

OF THIS.

SO I BROUGHT YOU TH T-SHIRT THAT

SUMS UP OUR ATTITUDE ABOUT THE

WHOLE WORLD.

>> Stephen: ALL RIGHT, I'LL

TAKE THAT.

>> MADE BY A DETROIT VENDOR,

AVAILABLE IN DETROIT.

( CHEERS AND APPLAUSE ).

>> Stephen: I NOTICE THIS IS A

HOODIE.

ARE YOU TRYING TO GET ME KILLED?

>> WELL, I THINK-- I THINK IT

WILL BE GOOD IF YOU DON'T AWARE

IT IN FLORIDA.

>> Stephen: WHAT HAPPENS TO

DETROIT FROM HERE?

DO YOU GUYS FULL OUT?

>> ABSOLUTELY.

ONE OF THE FIRST THINGS THEY

TEACH YOU WHEN YOU'RE BORN IN

DETROIT-- AS IEFS IS HOW TO TAKE

A PUNCH, GO DOWN, GET UP, BRUSH

YOURSELF OFF, AND SAY I'M STILL

HERE.

IS THAT ALL YOU GOT?

>> Stephen: WAIT A SECOND.

WAIT A SECOND.

THAT'S ONE OF THE FIRST THINGS

THEY TEACH JEW THAT'S ONE OF THE

FIRST THINGS.

IT'S A TOUGH PLACE.

>> Stephen: IS PUNCH BABIES IN

DETROIT OUT OF LOVE.

>> SHAMEFUL BUT TRUE GLEEL OKAY,

$18 BILLION, THAT'S HOW FAR

YOU'RE DOWN.

BILL GATES IS WORTH $72 BILLION.

HE COULD ENEMY IN THERE, WAVE A

MAGIC WAND, YOU HAVE GUYS

THOUGHT ABOUT GETTING MALARIA?

( LAUGHTER )

IT CAN'T BE THAT FAR OFF.

IT CAN'T BE THAT FAR OFF.

( CHEERS AND APPLAUSE )

>> I HAVEN'T TALKED TO THE MAYOR

ABOUT THAT, BUT I WILL SUGGEST

IT.

>> Stephen: OKAY.

>> ON THE OTHER HAND, I THINK

WE'RE VERY DESERVING OF SOME

SORT OF HELP OF SOME KIND.

THIS IS--

>> Stephen: BUT WE ALREADY

BAILED OUT THE AUTO INDUSTRY.

HOW MUCH MORE BAILOUT DOES

DETROIT NEED?

>> THINK ABOUT IT THIS WAY.

DETROIT WAS THE ARSENAL OF

DEMOCRACY IN THE 1940s DURING

WORLD WAR II.

WE WITH THE THE TANKS AND PLANES

THAT MAKE SHEER YOU DON'T SPEAK

WITH A GERMAN ACCENT.

>> Stephen: AND WE THANKED YOU

FOR THAT BY GIVING YOU MOTOWN.

>> ACTUALLY, I THINK-- I THINK

WE GAVE MOTOWN TO THE WORLD.

>> Stephen: WHATEVER.

>> BUT WHATEVER.

DETAILS, RIGHT.

>> Stephen: YEAH.

WHAT CAN DETROIT DO TO PULL

ITSELF UP BY ITS OWN BOOTSTRAPS

BEFORE WE GIVE IT A BAILOUT?

DOESN'T DETROIT HAVE TO MAKE AN

EFFORT?

WHAT ABOUT SELLING THE ART FROM

THE DETROIT INSTITUTE OF ART?

THAT-- THAT WAS BOUGHT WHEN YOU

GIERPZ THE FOURTH LARGEST CITY.

YOU DON'T NEED THAT MUCH CULTURE

ANYMORE.

>> RIGHT.

( LAUGHTER )

ONE OF THE THINGS ABOUT THE

D.I.A. THAT'S IMPORTANT IS IT'S

LIKE A PARK OR LIKE ANOTHER

PHYSICAL ATTRIBUTE OF THE CITY.

SELLING IT WOULD PREVENT THE

CITY FROM BEING THE GREAT PLACE

THAT IT COULD BE--

>> Stephen: YOU CAN KEEP THE

BUILDING.

JUST SELL OFF WHAT'S INSIDE OF

IT, YOU KNOW.

>> I SHOULD ADMIT THAT MY WIFE

IS THE MARKETING DIRECTORT

MUSEUM.

>> Stephen: ANOTHER DOES SHE

HAVE AN INSIDE SCOOP--

>> IF YOU REALLY ARE INTERESTED

IN ART, I PROBABLY COULD GET

YOU--

>> Stephen: YOU PUT THIS DOWN

ON A PICASSO.

>> ABSOLUTELY.

>> Stephen: ALL RIGHT.

MAYBE A LADY, SOMETHING WITH AN

EVEN NUMBER OF BREASTS, PLEASE.

>> ALL RIGHT, ALL RIGHT.

I'LL SEE WHAT I CAN DO.

( LAUGHTER ).

>> Stephen: WHAT ABOUT TURNING

IN ALL OF DETROIT INTO SORT OF A

WILLIAMSBURG, BECAUSE

MANUFACTURING SEEMS TO BE

LEAVING THE UNITED STATES.

>> YEAH.

>> Stephen: YOU KNOW,

WILLIAMSBURG HOLDS ON TO A

LITTLE TIME CAPSULE OF AN

AGRARIAN SOCIETY.

WHAT IF DETROIT BECAME A TIME

CAPSULE OF AN INDUSTRIAL SOCIETY

AND PEOPLE COULD COME THERE AND

SAY WOULD YOU LIKE TO SEE US

WELD A BUICK?

>> THAT'S ONLY IF YOU BELIEVE

THAT MANUFACTURING IS ONLY PART

OF OUR PAST.

I HAPPEN TO BELIEVE-- AND MOST

PEOPLE HAPPEN TO BELIEVE IT'S

PART OF OUR FUTURE, TOO.

THE AUTO COMPANIES AFTER THEIR

BAILOUT ARE BACK TO 15.5 MILLION

UNITS A YEAR SELLING.

WE ARE REBUILDING MANUFACTURING

IN DETROIT.

WHAT WE NEED IS CONSISTENT

POLICY FROM WASHINGTON,

CONSISTENT POLICY FROM OUR STATE

CAPITAL IN LANSING.

WE NEED PEOPLE TO SUPPORT US

INSTEAD OF TURNING THEIR BACK ON

US.

>> Stephen: YOU LIVE IN

DETROIT AND ALSO WORK IN THE

NEWSPAPER INDUSTRY.

ARE YOU A GLUTTON FOR

PUNISHMENT?

( LAUGHTER )

>> YOU MIGHT SAY THAT.

I CAME BACK TO DETROIT FROM

WASHINGTON SIX YEARS AGO.

AND PEOPLE LOOKED AT ME LIKE I

WAS INSANE.

BUT IT'S MY HOME.

>> Stephen: AND MAYBE YOU

WANTED TO LIVE SOMEPLACE LESS

CORRUPT.

>> A LITTLE LESS CORRUPT.

IT'S MY HOME.

IT'S A PLACE THAT PRODUCED ME.

IT PRODUCE AID LOT OF PEOPLE I

KNOW MAKING GREAT CONTRIBUTIONS

IN THE CITY AND IN THE COUNTRY.

I WANTED TO RAISE MY KIDS THERE

AND I'LL STICK BY THAT.

>> Stephen: WELL, GOOD LUCK.

( CHEERS AND APPLAUSE ).

UNTIL THIS THING BLOWS OVER, WHY

DON'T YOU CALL CHICAGO AND ASK

IF ALL OF DETROIT CAN CRASH ON

THEIR COUCH.

>> WELL, WE MIGHT HAVE TO DO

THAT.

>> Stephen: STEPHEN HENDERSON

FROM THE "DETROIT FREE PRESS."

WE'LL BE RIGHT BACK.

( CHEERS AND APPLAUSE )