"As strongly supportive as they were, (presidential adviser Gene Sperling) was very clear they could not be talking in terms of a bailout," Rapson said in an interview Monday. "They made it very clear that was not in the cards, technically or politically."

On an interesting sidenote, the freep did an in-depth report on the causes of the bankruptcy.

Nothing really new to us locals with good memories.

But, in a dig at Rush, the fish paper threw out the tired "It wasn't Coleman Young's fault" line.

Curiously, they conveniently ignored reporting on what any city leaders had done to stem the exodus from Detroit.

Apparently using the tired progressive/democratic tactic of simply raising taxes (again and again and again) along with ignoring rising budgets wasn't the magic cure-all that they had all hoped it would be.

Wow!