detroit problem can be solved without help from the state and federal government. self-help will not work in detroit. there's not enough left there in terms of an economic base and finances. >> what happens on the near horizon for retireees. public employee pensions. what happens to their checks? >> nothing immediately. yesterday was a very important day in detroit. federal bankruptcy judge said all the appeals to stop this process and stop any reductions at the moment have to go away. the judge essentially did the brave thing whether you're a laborer, former public employee or a municipal bond correctedor, bond holder we won't let you slow this process down. we're going to move this quickly as possible. in a city like detroit that was big news and suggests they are going to move quickly. >> steve, what can be said to a cop or a firefighter or somebody who took a job that had hazards with the understanding that