Detailed text transcripts for TV channel - MSNBC - 20120427:04:14:00
Because of mismanagement because people are incompetent, not the right analysis. we have to deal with foreclosure, insurance red lining. what the state should be doing is helping to -- the federal government, county government and state government to reinvest in these cities. michigan is a manufacturing state. really, a one industry state. so, as the automative industry, we saw manufacturing meltdown, saw plants go from michigan to mexico. that's trade policy. this is not incompetence in detroit. >> down to economic recovery in michigan. >> it's coming back but not fast enough. we lost over 30...