re: #298 Dr. Matt

The teabaggers will be no doubt be happy because the poor and middle class get screwed again……

Judge rules Detroit eligible for historic Chapter 9 bankruptcy; says pensions can be cut

Detroit owes money it can’t pay, and when that is the case with a city a Chapter 9 bankruptcy is how the situation is resolved.

I’ve heard a lot of people screaming about the Detroit bankruptcy, but I have not heard any of the screamers offer a realistic alternative.