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Re: Detroit

By: killthecat in FFFT | Recommend this post (0)
Fri, 08 Feb 13 7:56 PM | 81 view(s)
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Msg. 50009 of 65535
(This msg. is a reply to 50005 by oldCADuser)

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OCU:

Extremely negative as would a Chicago/Illinois bailout, especially if they didn't present real plans to address their financial problems, ala NYC in the late 1970s. These were not easy or pain-free.


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The above is a reply to the following message:
Re: Detroit
By: oldCADuser
in FFFT
Fri, 08 Feb 13 6:45 PM
Msg. 50005 of 65535

Interesting that virtually all of them were either executed, or at least put in motion, during a Republican administration. Which still begs the question; what would the reaction from the Right be if Obama were to offer Detroit a bail-out?


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