MISSION ACCOMPLISHED: Detroit Files Bankruptcy

Congratulations, Democrats! Today you officially killed Detroit. Detroit has filed for bankruptcy, the AP’s Ken Thomas reports. The move proved inevitable after two municipal pension funds sued city emergency manager Kevyn Orr. It’s the largest municipal bankruptcy in U.S. history, dwarfing Jefferson County, Ala.’s $3.1 billion sewage district restructuring. In June 2012, the City of Stockton became … Continue reading MISSION ACCOMPLISHED: Detroit Files Bankruptcy