It’s not Detroit the Dem’s want to bail out. It’s the 40 municipal unions that infest Detroit for whom the Democrats want about half the $20Billion Detroit owes. The $10Billion due the bondholders and other creditors is of no concern to the Dems; only the $10Billion owed the unions matters.
Prediction: The president can’t hope to break a filibuster in the Senate on this issue and hasn’t a prayer of getting a $10Billion money bill through the House. No, the only way $10Billion … in “assistance” as it’s being called now … gets into Detroit union’s hands is by executive fiat; administrative rule.
The money can’t move all at once nor from a single source. It will have to flow piecemeal, from a thousand nozzles in a hundred government bureaucracies, each one making and acting on its own administrative rulings.
Prediction: This will magnify and bring to a critical level the Constitutional conflict over Obama’s increasingly autocratic reign and create, I suspect, a major constitutional crisis.
How that crisis resolves will go far in determining whether the US in 2016 is still a Constitutional Republic … or has morphed into a Presidential Directorate.
If the latter, Congress will have become ceremonial and the SCOTUS merely a venue for lawyers to resolve procedural details in commercial and criminal disputes. How do you think this ends?
Dems Favor Federal Bailout of Detroit, But Majority of Public Opposed
By Tom Bevan – August 2, 2013
A new national poll from Quinnipiac University shows that a majority Democrats believe the federal government should bail out Detroit, but an even larger majority of Americans oppose such a move. Fifty-one percent of Democrats support Washington providing federal assistance to Detroit, which last month became the largest American city ever to seek bankruptcy protection.
Not surprisingly, there is a strong partisan divide on the question of a federal bailout for the Motor City. Seventy-three percent of Republicans oppose a bailout, while only 18 percent support the idea. Independents are nearly of the same mind as Republicans on the issue: 68 percent oppose federal assistance for Detroit and 28 percent support it.
The poll also shows a significant racial divide on the issue. Whites overwhelmingly oppose a federal bailout (63 percent against vs. 26 percent in favor) while a solid majority of African-Americans support a bailout (57 percent favor vs. 36 percent against) as do a plurality of Hispanics (48 percent favor vs. 36 percent against).
A federal bailout for Detroit is very much a live issue politically. Michigan’s congressional Democrats are vowing to find federal assistance for the city, while Republicans such as Kentucky Sen. Rand Paul have declared that Washington will bailout Detroit “over my dead body.“