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America's Fiscal Stupidity Mirrors Detroit

Pat1392 Wrote: Mar 02, 2013 9:35 AM
Detroit has a great opportunity to restructure the schools and make them the models that they were in the 50's and 60's. Put the materials in the classrooms not on the walls at the Board offices.

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...