“Conservatives will, of course, be proven correct that Detroit will be only the first major city to seek a bail-out, but their objections will be fruitless. In fact, it is not only possible, but likely, that, once the concept of ‘No City Left Behind’ transforms public perception of a Detroit from municipal redundancy to humanitarian necessity, the door may be further opened, not only to other major cities, but to entire states. As Rahm Emanuel famously stated, ‘Never let a good crisis go to waste.’ Detroit may be used by the Federal government to establish the necessity to nationalise any crisis.”
https://www.internationalman.com/78-global-perspectives/974-solving-the-detroit-crisis
Related posts:
DetroitCoin: Why we should make Detroit into a Bitcoin Hub
Stop cheering – Quebec’s sovereignty movement is far from finished
Bill Bonner: The End of the World As We Know It
Bill Bonner: Why the Sell-Off in Gold is Good News
Justin Raimondo: The Lies Behind This War
An Anti-Semitic American Law Created the State of Israel, and a Whole Lot of Trouble
Extraordinary Directed History of the WTO Trade Breakthrough
US Bombing Syrian Chemical Weapons Stockpiles Will Kill Many Thousands
John Kerry Responds To Military Coup In Thailand
The Vlad and Donald Show – A Glorious Blow for Peace
Bill Bonner: What if Mr. Summers weren't so brilliant, after all?
The Ideology Behind “So What You’re Saying Is...”
An American Stasi
“Everything we are told about deflation is a lie”
Justin Raimondo: Police-State ‘Progressivism’