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Detailed text transcripts for TV channel - FOXNEWS - 20130729:02:49:00

it belongs to the people. it belongs to the people, not you. this will create a lot of jobs and opportunity. right now detroiters don t have any hope for the future. this would create that hope. this could save detroit by bringing in new ideas and people and money? i believe so. it would be our singapore or as hong kong is to china. i wish you luck. thank you, rod lockwood. did you know detroit has thousands of valuable paintings? but it won t sell any. i ll confront one of the politicians who says no, next. you know throughout history, folks have suffered from frequent heartburn. but getting heartburn and then treating day after day is a thing of the past.

Detailed text transcripts for TV channel - FOXNEWS - 20130729:02:47:00

citizen? however, we would have a process for having other people come and we would waive the fee. why would you waive the fee? if they bring a special skill or a burning desire to be free. you really have serious investors? yes. well, plenty of people s response to this is, are you kidding me? finally a consequence free paradise for rich americans. to thank you, rod lockwood, for showing the people of detroit that when life gives you lemons, you take the lemons to your own island so you don t have to share the lemonade. how does this benefit the poor people of detroit? a tremendous amount of capital is going to come in. people are going to invest it nearby, bringing detroit back. you wrote a book to try to explain this to people. it s titled bell isle,

Detailed text transcripts for TV channel - FOXNEWS - 20130729:02:45:00

and make it into a limited government paradise. bell isle will have no need for taxes on income, investment or estates, making it a nag met for capital. 29 years later, it s the midwest tiger, rivalling hong kong and singapore. we re ahead of ourself. that s speculation. the video was made by rod lockwood. rod, what do you want to do? ? i think it can be an opportunity for detroit to remain its stature as a working class city. the vision is for us, we have an investment group to buy the island for $1 the city of detroit and apply for commonwealth status from the federal government, similar to puerto rico. and then over a period of time a commonwealth, you have freedom to try new rules. right. we have our own laws and government taxation. we would be business friendly.

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