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The Story of Detroit's Bankruptcy and Why It Matters (TEXT, PHOTOS and VIDEO CLIPS)

US Politics & Gov't  (tags: Americans, Detroit, Gov. Rick Snyder, bankruptcy, ethics, corruption, government, republicans, dishonesty, politics )

- 2121 days ago -
So it all began in July when Michigan Gov. Rick Snyder and his politically appointed emergency financial manager decided to push the City of Detroit into municipal bankruptcy.


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Jason S (50)
Thursday September 26, 2013, 6:49 pm
Good posting, thanks

Jonathan Harper (0)
Friday September 27, 2013, 4:23 am

Suzanne O (33)
Friday September 27, 2013, 4:23 am
The writing for Detroit has been on the wall for many decades now. I think they did too little too late. The end result is the lower structure of government workers suffer from their lack of due diligence. The taxpayers who kept the machine running absolutely misrepresented.

This hardly started in July though.

What do you do when you don't have enough to keep it running? Who should make up that difference? Who should bail out Detroit?

No easy answers. The end result unacceptable for those in the position to least accept the reality of it all.

It's a shame and there is a lot of blame to go to many areas in why this all occurred.

. (0)
Friday September 27, 2013, 5:38 am
Great article. Thanks for sharing, Carrie.

Elizabeth M (65)
Saturday September 28, 2013, 2:32 pm
Great article with good information - although the Bankruptcy of Detroit started way before July.
Thanks for posting Carrie.
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