This week we have witnessed the largest bankruptcy of a city in U.S. history. Of course I'm talking about Detroit. Yes, cities in America have filed for bankruptcy in the past but not cities of this size. The city owes an astounding $20 billion, and it has become clear that it can't pay that back. Does this ring a bell: ‘We refused to let Detroit go bankrupt?’ That wasBarack Obama in October of 2012. Obama has made a habit of making promises he can't keep or using baseless political hyperbole to win over the voters. The bankruptcy of what was once the heart of the American middle class is truly sad, and I feel for those retired workers who rely on these pensions, which have now come into question. But hopefully we can learn from this. The question we should all be asking ourselves is this: How did Detroit get to this point? The fact is that this is the result of liberal policies, big government and union control. Yes, companies left Detroit but they left for a reason: They left because the cost of doing business in that city became non-competitive. Why? Because unions drove up the cost of labor, among other things. If you want to see the final chapter in the book of liberal utopia, look no further than Det roit.
IRS Targets Political Candidates
I thought the IRS scandal was “solved.” Remember that? It wasn't that long ago that Democrat Rep. Elijah Cummings declared the IRS scandal to be solved. Yet yesterday I told you about the bombshell news that the targeting of Tea Party groups went all the way to the IRS Chief Counsel, who is an Obama appointee. But this wasn't the only bombshell news related to the IRS this week. According to a report in the Washington Times, former Republican Senate candidate Christine O'Donnell was alerted by the Treasury Department that her tax records may have been breached and misused by an individual. On the very day the O'Donnell announced her run for the Senate, an official in the Delaware state government allegedly accessed her tax records. If you will recall, on that same day a tax lien was placed on a house that O'Donnell reportedly owned, which turned out to be untrue. It was blamed on a “computer glitch.” Yeah … right. This falls in line with reports I told you about where the Treasury Department alerted Senator Chuck Grassley that multiple politicians or political donors had their tax records improperly accessed. One case was described as a “willful violation” of federal law. Oh and on top of that, Eric Holder's Departm ent of Justice refuses to prosecute any of these cases. But you likely won't hear about any of these scandal updates in the mainstream media. According to Newsbusters, not a single network – ABC, CBS, NBC – reported the bombshell news from yesterday's IRS hearings, nor did they bother to report the story of political candidates and donors having their tax records improperly accessed. Not reporting news is often just as indicative of bias as reporting it with a particular slant.