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Detroit bankrupt – lets bail them out!

Detroit went bankrupt because it had bad leaders and policies – period. So now what to do? Hmm lets bail them out! Don’t worry we still have plenty of OUR money left to bail out and reward bad behavior. How bout we let it fail and watch what comes of the rubble – rising of the phoenix. If we keep bailing out failures – than failure has no meaning since it does not exist – now if someone will bail out my mortgages?