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America's Fiscal Stupidity Mirrors Detroit

Frank130 Wrote: Mar 02, 2013 10:22 AM
"America's Fiscal Stupidity Mirrors Detroit" -Exactly! What we see today in a bankrupt & crumbling Detroit after decades of total control by unions & Democrats is what the USA as a whole will soon become with our big government-loving, Unconstitutional Federal Government & their central economic, Keynesian planning. Right now, hundreds of thousand of people are "voting with their feet" by rapidly moving out of Detroit for other other places still remaining in America where there is less union, & less big government-loving control by politicians. However, with Obama, the Democrat controlled Senate & the RINO controlled House of Representatives, soon all of America will look like Detroit & there will be no place left in America to move to.

It’s fitting that on the day Washington, DC is cutting the budget by an agreement that they really didn’t mean, that the city of Detroit will finally get what’s it has needed for a long time: declaration of fiscal disaster.

Michigan’s Rick Snyder has appointed an emergency city manager to do for Detroit what Obama, Biden, the UAW, GM, Chrysler, the city’s council and mayor have not been able to even with a $80 billion bailout of the automotive industry.

“Snyder’s decision comes after a state review team report concluded last week that Detroit is in a financial...