TheDC Morning: Feds may have to bail out Detroit for a second time

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The circus known as the debt-ceiling debate may have left town – at least for the time being – but there’s still one sad clown left standing squarely in the center of the ring. I’m talking about U.S..

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Feds may have to bail out Detroit for a second time – If the federal government decides, in its finite wisdom, that poorly run states and municipalities do not deserve to sink or swim based on the electoral acumen of their residents (or lack thereof), and chooses instead to "bail out" bankrupt members of the American federation, there will be some irony in the decision. In Detroit, two of the city’s public pensions are under investigation for "risky investing" that cost the two.

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Finally, the outlines of a coherent debate on the federal bailout. This comes as. policymaking that Obama ran against? Second is the sheer inefficiency. Saving Detroit means saving it from.

“We’re not going to let our campaign be dictated by fact checkers,” Romney pollster Neil Newhouse said. The second. federal government would propel newly competitive and viable automakers, rather.

But we may have differing ideas about how the auto industry can fix the country’s problems.. Detroit Is Leading an Industrial Renaissance, but There’s More Work to Do. the bailout of Detroit.

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