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Detroit Goes Bankrupt, Wingnuts Celebrate

341
Targetpractice7/18/2013 10:23:38 pm PDT

re: #339 Dark_Falcon

Just to sum it up for me, why should Kalamazoo and Traverse City see their taxes hiked to pay for bills run up by another city in whose government they had no say and which had previously rejected their representatives’ efforts to avoid this crisis?

I’d answer that in the name of trying to keep Detroit viable they should be willing to pay something, but also that the rest of the state of Michigan should at this point have the whip hand. Because its no longer Detroit’s money; It’s the rest of the state’s money.

Dark, do you believe that part of the bank bailouts should have included things like wage caps for execs? Or breaking up banks deemed “too big to fail”?