himself vulnerable is his statements on detroit. when he said detroit will never go bankrupt, essentially he meant not just the city, but he meant the auto industry. when he comes out and says that, again and now yesterday it's official, detroit went bankrupt. there is somewhat of a problem. listen. >> so when some people said we should let detroit go bankrupt, we decided no, we're going to make a bet on the american worker and american industry. even when there were some politicians who were saying let's let detroit go bankrupt and with 1 million jobs on the line, we weren't going to let that happen. but we refused to throw in the towel and do nothing. we refused to let detroit go bankrupt. >> detroit went bankrupt a while back, but the big news today is the fact that yesterday federal judge steven rhodes cleared the way for detroit to slash city pensions and this really is big and this could actually have a domino effect at other municipalities across the country. detroit needs to make up
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