outpost. we have to fix it, because we dug the whole. chris: who s we? the city of detroit? the city of detroit. i mean, a lot of this debt, the practices that i put forth in my june 14th report that talked about deferrals, unfunded obligations, borrowings, addiction, the debt, even a level of corruption from 2002 to 2008, which was significant, have created this problem. chris: let s talk about that. steven ratner, the former car czar for detroit wrote a story this week. he says that he believes an essay that he believes washington should help. let s put up on the screen when he says. he writes the 700,000 remaining residents of the motor city are no more responsible for detroit s problems than were the victims of hurricane sandy for theirs, and eventually congress decided to help them. question, do you agree? is what happened to detroit like a natural disaster? well, no, natural disaster and acts are god, you can t plan
to come charging in, we re in an outpost. we have to fix it, because we dug the whole. chris: who s we? the city of detroit? the city of detroit. i mean, a lot of this debt, the practices that i put forth in my june 14th report that talked about deferrals, unfunded obligations, borrowings, addiction, the debt, even a level of corruption from 2002 to 2008, which was significant, have created this problem. chris: let s talk about that. steven ratner, the former car czar for detroit wrote a story this week. he says that he believes an essay that he believes washington should help. let s put up on the screen when he says. he writes the 700,000 remaining residents of the motor city are no more responsible for detroit s problems than were the victims of hurricane sandy for theirs, and eventually congress decided to help them. question, do you agree? is what happened to detroit like a natural disaster? well, no, natural disaster and acts are god, you can t plan
the question is, we don t know at this point. we don t know. what would you like to see the state of michigan do to help detroit? what would you like to see washington do? right now i m an appointed official, not an elected official. i m not going to stray into the political morass. one thing i would say is we ve operated under the assumption that we have to cure this process, this problem on our own. we are not expecting the calvary to come charging in. we have to fix it because we dug this hole. and that s the assumption that we re operating on. who s we? the city of detroit? the state of michigan? the city of detroit. in my june 14th report that talked about deferrals, unfunded obligations, borrowings, addiction, the debt, even a level of corruption from 2002 to 2008 which was significant have created this problem. let s talk about that. steven ratner who was the former car czar for detroit wrote a story this week.