Bankruptcy gives Detroit its comeuppance

Detroit got what it deserved because it refused to be responsible; it also refused to let the market work.

Detroit bankruptcy ruling clears way for pension cuts

Detroit needs massive changes to become wealthy again - starting with cuts in its hideously inflated pensions.

Detroit's Permanent Damage

Detroit is trying to fix itself but faces being too big to succeed.

How Detroit Went Broke

Detroit is bankrupt, and the reasons why are explored by the Detroit Free Press. The piece linked here blames rampant crime, and certainly it contributed, but the city's spendaholism was still the biggest reason.

What Happened To Detriot?

Unionism and entitlement-ism bankrupted Detroit. Amid the wreckage, though, are some small signs of recovery.

Detroit - Obama's City

Detriot is now officially bankrupt, and it's because of six decades of policies that are pushed by Obama.   And the cruelist upshot is the bankrupcy was declared "unconstitutional" by a judge because the city can't stop paying off public hacks' pensions - or as the piece in the link puts it, reality is unconstitutional.

Wagner Act Unionism & Detroit

A good look is to be found at the "very structure of Wagner Act unionism" and how it is a primary culprit in The Big Three's downfall.


UPDATE: Detroit in July 2013 filed for bankrupcy.