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View Diary: Abbreviated Pundit Roundup: Detroit, the royal baby, and more (80 comments)

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  •  but almost zero support for federal bailout of Det (1+ / 0-)
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    Detroit.  Taxpayers in all the other states (and many in Michigan outside of Detroit) will not support a federal bailout of Detroit.

    •  What happens when the next half dozen municipal (0+ / 0-)

      bankruptcies arrive in federal court?  And the half dozen after that?  Detroit isn't just a one-off problem; it's the trial balloon for an avalanche of these union busting, municipal asset stripping attacks on what is left of the middle class.  Have you ever wondered exactly what the "drowning in the bathtub" moment would look like when government was small enough?

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