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In Four More Years We'll Be Detroit

jseifert Wrote: Nov 17, 2012 7:51 AM
Only our delusional president could think that subsidizing a car that few want and no one needs makes sense. POTUS has to pay to make them and pay people to buy them - all with money we do not have!
A American Wrote: Nov 17, 2012 7:59 AM
dont be mistaken, he knows exactly what he is doing. this is all part of his plan.

From one moment to the next the city of Detroit doesn’t know where its next bailout is coming from. Chronically unable to pay its bills, the city looks to the state for cash gifts to stave off default. Operating under the terms of a consent agreement hammered out with the state, Detroit faces fiscal uncertainty largely because it has failed to get adequate concessions from public employee unions that are unsustainable. And those concessions that they have wrested from unions, politicians in Detroit have been unwilling to enforce.     

One prominent Detroit attorney, however, is facing the future of the Motor...

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