Analysis: Stuck in reverse, Detroit edges closer to bankruptcy

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January 28, 2013

Analysis: Stuck in reverse, Detroit edges closer to bankruptcy - Yahoo! News

Coralville Courier Editor's Note: Democrat *leadership*....

DETROIT (Reuters) - At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.

But in a city that is slowly dying, the glitz didn't extend much beyond the Cobo Center exhibition hall.

via news.yahoo.com

Posted by The Real News! at 07:33 PM in Liberal-minded nonsense | Permalink

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