The City Council of Detroit needs a $10 billion bailout to survive:
The resolution specifically requests the council meet with Mayor Ken Cockrel Jr., Gov. Jennifer Granholm, the state’s congressional delegation, U.S. House Speaker Nancy Pelosi and officials from President George W. Bush’s office and President-Elect Barack Obama’s transition team.
Wow. $10 billion? Is the economy really that horrible? Is money being that poorly mismanaged? If the auto companies go down, this Onion article may become a reality.
