Bailouts are wrong and set a bad precedence. TARP bailed out the banks and Wall Street which gave rise to the Occupy Movement. It won’t stop at Detroit, more cities will follow if we let this happen. Wealth distribution on a grander scale.
” It won’t stop at Detroit, more cities will follow if we let this happen. “
I agree, but who is going to stop it?
Give Detroit to the illegal immigrants. I bet they will turn the place around?