Watson explained that “[a]fter the election of Jimmy Carter, the honorable Coleman Alexander Young, he went to Washington, D.C., and came home with some bacon. That’s what you do.”
The problem with a bailout is that Detroit voters have repeatedly shown an utter disregard for corruption and incompetence in office. While it is certainly true that Detroit has been hit by forces outside of its control with the decline of the automotive industry in the United States and the economic crisis, the elected officials in Detroit have remained a national disgrace. Giving these officials hundreds of millions of dollars is not a prospect that most people relish.
Source: Huff Post
