Thursday, April 5, 2012

Bankruptcy May Be the Only Relief for Detriot & State.

  • The city is already being razed into farmland.
  • Will Obama bail out his people?
  • Not a wise move during election year, when earlier bailouts were scandalous.
  • The bankruptcy trustee would be fair and ruthless. The only solution.
  • If the city cannot pay its obligations, services will demand cash before delivery, meaning shut down all services, such as water, electricity, gas, and other vendors who make the city operate.
  • California's Los Angeles and Oakland are cities facing similar financial problems. 
 Find out more from Mlive by Jonathan Ousting.

No comments:

Post a Comment