Now that they've officially declared bankruptcy, Detroit can start to turn around. The rest of US cities that haven't found a way to deal with shortfalls, well, they can see the writing on the wall in this article. The big banks are still getting paid. They own us.the long emergency,
bankruptcy,
taxes,
michigan,
america
Nice, simple explanation here of what has happened with the federal reserve, banks, and the bailout. Spitzer gets it. This is why I still give Obama an F on the economy.