On Sunday, Treasury Secretary Jack Lew ostensibly ruled out a federal government bailout of Detroit following its recent declaration of bankruptcy.
“You know George, Detroit’s economic problems have been a long time in developing…I think when it comes to the questions between Detroit and its creditors, that’s what Detroit is going to have to work out with the creditors,” he told ABC’s George Stephanopoulos. Not quite. Detroit is proposing an effort to offload much of its bloated healthcare costs onto the American taxpayer, using ObamaCare as the vehicle for doing so.
Public employees are the new nobility---private sector are serfs who exist solely to provide for their betters. |