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America's Fiscal Stupidity Mirrors Detroit

OscarL Wrote: Mar 02, 2013 9:53 AM
This should show everyone that the time of big unions is over. As I say should, of course it won't. Them not paying taxes for no services is understandable, but seeing that most of them probable belong to the unions that caused the mess to start with, I don't have much sympathy. Big unions and the politicians that feed the beast are to blame, but the people who stand behind the unions and fight for every dime of benefits and vote for those same politicians have been building their houses out of straw for years and now complain when the wind blows, sorry sucks to be you.

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...