[chiller]

For some reason, Jay Carney indicated bailouts would not be forthcoming. I'd guess, Obeyme must feel it would doom mid-term elections for Dems, so it'll have to wait.

The coming dominoes would certainly present a problem. I don't see an answer, other than a healthy haircut to existing pension plans.

[rodguy911]

Bailing out detroit would only perpetuate a new round of capitalism,the regime does not want that. Besides the only people left in Detroit are already obabma voters. He does not want to have to buy them again over and over.