In response to:

America's Fiscal Stupidity Mirrors Detroit

wiseone Wrote: Mar 02, 2013 10:15 AM
Ayn Rand was a refugee from the Soviet Union. "Atlas Shrugged" was her warnings to us of what would happen if socialists ever got control of our government. It's predecessor, "The Fountainhead", was her warning to us of what would happen if socialists ever got control of private business.

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...