Michigan Governor Declares Financial Emergency for Detroit – No Bacon Bailout In Sight
On Friday, March 1st, Michigan’s governor, Rick Snyder (R) made the decision to declare a financial emergency in Detroit and to rip the financial decisions out of democrat city officials’ hands. City residents are facing a crushing $14 billion long term debt and a $327 million current budget deficit, according to Fox News.
Nearly three months ago, Detroit City Councilwoman JoAnn Watson pleaded to her fellow council members that President Obama owed the motor city a $200 plus million bacon bailout. The president did not take the bait or the call, while the city continued to plummet further into the morass it had created under liberal democrat leadership. Now the other financial shoe has dropped!