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Detroit To Be Taken Over by State of Michigan

 
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User ID: 11715579
United States
02/28/2013 03:22 PM
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Detroit To Be Taken Over by State of Michigan
Detroit To Be Taken Over By The State
Submitted by Tyler Durden on 02/28/2013 - 14:08

Usually, when the administration needs a distraction from just how broke and insolvent in reality the country is, it sends the stock market soaring higher. As such it is beyond ironic that as the S&P is set to hit an all time high, Detroit - that shining symbol of the Obama administration's bailout of General Motors - effectively goes broke.

MICH. GOV SNYDER TO ANNOUNCE STATE TAKEOVER OF DETROIT


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