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I'm sorry, I didn't catch your name ky jelly valentine's day The other “bailouts” were loans to companies with products that can produce profits that can in turn repay the bailouts if the companies revive with different management and policies. Detroit has no product, it has no source of funds to repay a bailout and never will. In short it would be not a loan but a grant or a gift paid for by the rest of the citizens of Michigan and the other 49 states to pay for 60 years of others mismanagement and theft. And if this is gifted to them, why change in the future? Just go back to the trough. And the same for all other large cities with decades of mismanagement and corruption–all expecting to have it erased by money from those hard working citizens who managed their own money well and honestly. Their reward for responsibility and honesty will be to have the federal government take more of their hard earned money and give to the profligate spenders and stealers. It won’t work. There will be blood in the streets.
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