The special administrator appointed by the Governor a couple of months ago has decided to have the city file for Chapyer 9 Bankruptcy. Several courts have to decide whether or not Detroit qualifies to file for Chap. 9, but it's pretty much a foregone conclusion.
The amazing part is that some of the lunkhead politicians that helped run Detroit into the ground are running around screaming about "the fix is in" "their numbers ain't right" and assorted other race-related clap-trap.
What can you expect from a bunch of Democrats.
http://www.detroitnews.com/article/20130718/METRO01/307180103/Detroit-files-Chapter-9-bankruptcy?odyssey=mod|breaking|text|FRONTPAGE
Thursday, July 18, 2013
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