$444 Million Hockey Stadium To Be Built In Bankrupt Detroit

From CNN comes the news that the once-great city of Detroit, which recently filed for the largest municipal bankruptcy in American history because of President George W. Bush’s economy (he’s still president, right?), is moving forward with its plan to build a nearly half-billion-dollar hockey stadium for the city’s home team, the Red Wings. Detroit’s unemployment rate for June was 9.4 percent. The argument that managed to convince Michigan’s Republican governor, Rick Snyder, not to halt Read more […]