Bankrupt

I hadn't caught the promise and the report in mainstream media, but I did do a Google search and it turns out the President did use Detroit in one of his never ending promises, then it would seem just a short year later, Detroit did indeed go bankrupt.

When cities go bankrupt, the economy is not improving.  When the cities, states, and federal government are operating on credit and drowning in debt, it doesn't take an economic degree or really much advanced math to see a problem.  This problem is just too big for one more empty promise.

I've truly been surprised that the Obama loyalists are as blind to him as the Bush loyalists were.

http://www.tpnn.com/2013/12/03/2012-obama-brags-i-refused-to-let-detroit-go-bankrupt-today-detroit-goes-bankrupt/