We'll All Pay For Detroit
Wednesday, July 31st Obama Bails Out Detroit Without Knowing It While the federal government refuses to bailout Detroit, looks like federal taxpayers will be stuck with some of the bill anyhow. As it turns out, in order to shirk costs, city officials are crafting a plan that will shift retirees into the new insurance markets that will soon be operating under Obama Care. Who will be footing the bill for this shift to Obama Care exchanges? You and I! This is really a case of not thinking through the consequences of legislation. I'm not nearly as frustrated with Detroit as I am with Washington and I bet other