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b_b · 4012 days ago · link · · parent · post: Paul Alexander: The secret plan to save Detroit's art (and leave retirees behind)
No matter where you live, this is a tough one. As bad as I feel for people who will lose money, I think that art transcends any particular individual, and therefore the collection should be off limits completely. None of these 'assets' was collected as investments, anyway. That is, they were never suppose to be assets at all. On the front of the museum, there's an inscription carved into the marble. It reads: "Dedicated by the people of Detroit to the knowledge and enjoyment of art." To me, that says it all.