Is It Too Late To Save Detroit---Not If Liberals Democrats Are In Charge (working, town)
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Why bring up irrelevant stalking horses? The US should bail out a Michigan if it is the right thing to do.
But in this case Michigan is throwing the old and infirm overboard to avoid having to deal with the problem.
It won't save Mi, nor should it as a few of the most reckless, left wing states like Mi will flounder. We should let them, and thanks to divided gov't with supermajorities required, we will watch them flounder.
There's no reason whatsoever for fiscally irresponsible cities such as Detroit as well as states such as CA, IL, NY & others to be bailed out under any circumstances.
And you would have to be really dim not to know that Bernanke does it every month
And you also fail to understand that it is not a question of how much...but who pays it. And it will be real money. .
What's dim is someone thinking that the union goons and political charlatans in Detroit have any more entitlement to the wallpaper that Bernanke and his Fed is printing than the rest of America.
What's dim is someone confusing monetary policy at the Federal level with municipal-level boondoggles and malfeasance.
News, Ted Nugent: Liberals Turned Detroit Into ‘Bloodsucker Excuse-Making Hell,’ Like ‘Mugabe Did To Africa’
Motor City Madman and die hard conservative rock legend Ted Nugent is "shattered but not at all surprised" that his beloved Detroit has filed for bankruptcy -- telling TMZ, the liberals have been sabotaging the city for decades.
You'll recall, the City of Detroit filed for Chapter 9 bankruptcy protection Thursday ... the largest municipal bankruptcy case in U.S. history ... and Nugent is utterly devastated.
The Chrysler bailout was one of the greatest business successes of all time. It saved Chrysler, who revamped their products and process, and the government a fortune on stock options after Chrysler revived.
If a tree falls in the woods and there is no one around to hear it, did it actually make any sound?
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News, Ted Nugent: Liberals Turned Detroit Into ‘Bloodsucker Excuse-Making Hell,’ Like ‘Mugabe Did To Africa’
