In an interview last week about Detroit’s bankruptcy, I explained that the city got in trouble because of growing dependency and an ever-rising burden of government spending. I also warned that the federal government faces the same challenge.
A key component to Detroit’s bankruptcy plan reveals The Affordable Health Care Act as a ploy to bail out deeply blue cities and their corrupt public employee unions.
Those attending the iProperty.com International Property Expo in Singapore, to learn about "the best property in Asia" can win a free house by attending. The location of that house, however, might just be the most laughable "prize" in convention history.
About two weeks ago, while making an important point about the Laffer Curve, here’s what I wrote about the fiscal disaster in Detroit.
When the City emerges from bankruptcy, they will have an opportunity to be the next great story of American endurance and ingenuity. . . Or they can continue to be the story of Liberal failure. Michael Schaus weighs in on the potential behind Detroit’s fiscal woes.