The racism and corruption that has brought Detroit to this point is the topic of much speculation. Detroit at one time had the most prosperous African American Community in the whole of the USA. Riots in 1967 (where the population burned

down their own communities and the job infrastructure (kinda like what happened in Chicago in 68) pushed the job creators out of town. It's over. Detroit can only be saved by destroying the destroyers. Unions. Corrupt Government (think Kwame Kilpatrick), bad policy and the cops who have aggravated the situation. I don't know if it can be saved.

State laying groundwork for managed bankruptcy for Detroit

www.detroitnews.com

Even as the state Treasury prepares to begin another financial review of Detroit's books, a plan is being solidified in the governor's office that would guide Michigan's largest city through what is being called a managed bankruptcy.