mrstickball said:
The question was "What can be done to save Detroit", not "What should be done with Detroit". There are only 2 ways to resolve the Detroit issue, at this point in time: 1) State takeover of the city, removal of all politicians and a manager installed to run the city to return it to health 2) Bankruptcy of one of the largest cities in America. Cessation of any loans to the city, and instantaneous balancing of all books. This will result in almost no government services such as fire and police.
Now, I have absolutely no problem with #2 happening. In fact, I'd love to see it happen to hopefully provide an example of what will happen when the US itself goes bankrupt. But again, I was only providing solutions, not demands. |
Good article on that front explaining other city bankruptcies.
http://www.npr.org/2012/07/11/156621232/what-happens-when-a-city-declares-bankruptcy








