there is a new plan to get detroit, the motor city, back on track by demolishing tens of thousands of decaying blighted buildings. a task force report shows it will take five years and 2 billion bucks to bulldoze the blight. is dumping more money into bankrupt detroit really the best solution? charlie gasparino joins us now. good morning to you. thank you. so they say it will cost $2 billion at least. they got, what, 80,000 blighted buildings. right. we should say that detroit is a huge city land wise. a lot of population have left. 136 square miles long. it s big. it s desolate. but here is the problem, everything the obama administration does involves big
he ll point to historical figures throughout the history of the country who have done what was technically wrong at the time but it turned out to be a good thing, because if the government is violating everybody s rights, everybody has a right to know about it. judge, your prediction, will be back in america lawyered up ready to go to trial? i think he s going to cut a deal, brian. i think the government does not want to try this case and want him off the headlines, and the only way they can do that is to give him a deal. i think we can expect to hear about this soon. interesting. the secretary of state was very direct in telling him to come back but definitely not excusing him. judge napolitano, thanks for joining us all the way from washington, d.c. pleasure guys. coming up straight ahead, detroit is bankrupt. so what would be better than a bailout? how about bulldozing the town? that is the latest plan. we ll explain. one of the hottest ads seen on tv, but do you have
government, they don t need big government here. they don t need to spend that much money here. there is a simple solution and i ll tell you, wall street firms have pitched this. sell lots of the city to private equity. shrink the city. let the private investors, private equity officials take the risk and they would. listen, detroit is a narrow lake. it s not exactly the worst place in the world once you take out the blight. it s actually very attractive place to do business, it could be, if you shrunk it, policed it. one of the problems with detroit is it s so big that the current city government doesn t have enough money to police it and provide violation services. if you shrank it and sold big parts of it to private investors and created other cities, that is what a lot of wall street firms are telling them to do. you laid it out pretty clearly. it seems like a no brainer. first of all, where would they get the $2 billion to do that to detroit? they would need a bailout. that s
well as being a national director of intelligence, that would bring the proper balance in determining what to ask the court to approve and how to go about collecting this information. and i can say thoroughly that we do need to have a properly administered business records law. because that is held by third parties such as communications companies that can be very useful and rather than grabbing records, then finding out what they are up to. heather: congressman, thank you for joining us. bill: senator rand paul saying that he has a fix for bankrupt detroit. the problem with the government stimulus is that you
embassies and evacuated our personnel. bill: this is very critical of the president last couple months. alan, last word. go. remember during the bush administration, tom ridge, the homeland security, had wrote a book and he said he was forced to raise the terror alert color when they had a color code against his will and he was pressured to do so simply for political purposes. bill: and took a lot of heat for that too. let s not have a double-standard here. bill: let s run, buys. next time we ll continue. alan, thanks to you. we re out of time. heather, what s next. heather: jumping out of a perfectly good airplane, that is scary enough. how about doing it while handcuffed an locked in a coffin? we ll hear from the man who did exactly that. bill: will detroit now have the biggest yard sale we ve seen in american history? why bankrupt detroit is now assessing its own art treasures to raise money. what in the world will come next? nothing s being proposed for sale and nothing is be