CNBC The Kudlow Report July 18, 2013
Forever local government, for orgd labor, for the Municipal Bond market. But Governor Snyder says in the end there was no other viable option. Many people may say this is the lowest point this detroits history. But if we werent to do this, the way i view it detroit would continue going downhill oig. And so isnt is it time to say lets stop. Governor rick scott had appointed kevin orr a financial manager who youll hear from in a moment to detroit with the fiscal mess and orr had tried for weeks to head off todays filing trying to negotiate agreements with the citys creditors including bond holde...