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Detroit Asks For Another Bailout

Jeff6235 Wrote: Dec 05, 2012 2:51 PM
Obama will not bailout Detroit. We as taxpayers with higher rates will be bailing out Detroit.

Apparently, bailing out Detroit's auto industry just wasn't good enough during President Obama's first term. Detroit City Council woman JoAnn Watson is demanding President Obama "bring home the bacon," because "her people" elected him. Watson gave us a perfect example of why going down the slippery slope of bailouts in first place was a bad idea.

"Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that," said Watson. "Of course, not just that, but why not?"

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