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America's Fiscal Stupidity Mirrors Detroit

Rock Strongo Wrote: Mar 02, 2013 8:07 AM
Detroit is the model of fiscal governance that the democrats seem determined to impose on the rest of the nation. Has anyone priced real estate in Singapore lately? Forward!
NewJAl Wrote: Mar 02, 2013 8:19 AM
Would contribute to a billboard near where people go into the Holland or Lincoln Tunnel, or by some other big city, that bore what Rock Strongo Wrote.
My thinking is that it is true, valuable, and Diane Sawyer and Madow, et al, may not feature it soon.

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...