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Primaries and he has never forgotten that. i ve been supportive of his agenda and people realize that. as i get around the state they understand who has the president s support. bill: 10 days ago he sent out a tweet for you on this screen. jim renacci has worked so hard on illegal immigration, tax reduction. i need jim to help keep making america great again. he will be a great senator and has my full endorsement. you are well aware of it. mike gibbons is on outsider not from the political class, a businessman. you wonder in this climate if republicans favor that at the moment, sir? bill: everybody loves to be an outsider. i was one, too. i was in business for 30 years. i ran for the office because the federal government took my car dealership in the general motors bankruptcy. gibbons and others want to talk about being the outsider and say i m the insider. look, i m a business guy. ....
The city of detroit. there are 19,727 retirees but 700 citizens who don t deserve a 55-minute response time, who don t deserve blight and crime and don t deserve no hope and future and continue debt over debt and debt and borrowing so we have to do this in some fashion and bankruptcy will allow us to achieve that in some way. [ inaudible question ] what shocked you most? was there a particular element? i think the depth and some of the problems. what shocked me was the numbers. you can but zeros behind digits and get more numbers. what shocked me was the tolerance of this behavior for decades. this has been going on for a very long time and to say the least, it is, at best, unorthodoxed in terms of how these things were going. i know a lot of people are ....
This is not a pleasant process. i think they deserve in facing up to this and they have provided accounting and unfortunately detroit not the only city like this and unfortunately maybe the only state. we will learn from this and it s going hob hard and difficult and painful. it s not the first city to file for bankruptcy. not at all. by far the largest. they have seen others. we have seen others, as you say, for example, the auto industry come out of bankruptcy and even though those aren t analogous situations and much will be learned from this, are there lessons that you have learned about how this can work, how it can be approached? do taxes have to go up? where do you even start? i think what is sad is that, you know, a lot of times the auto industry gets blamed. you re so reliant. that is true. michigan and detroit have been helpful reliant on the motor industry but, of course, imagine michigan or detroit without the ....
Detroit s big automaker and knows what it s like to go bankruptcy says we don t anticipate any impact to our daily operations or business outlooks. gm is proud to call detroit a home. gm is doing its part. as for chrysler group says it believes in the city of detroit and its people and they will continue to invest in the city and the residents there. and they are committed to playing a role in the revitalization. like gm, chrysler went through bankruptcy reorganization in 2009. and then there is ford which says they believe a strong detroit is critical for a strong michigan and our industry. the city has a difficult job ahead but they are optimistic. all of these words basically, they are coming out in support of the city and let s hope they can play their part as well. has this affected the markets at all based on these headlines? it s, obviously, a down day ....
Creditors will ever be paid. can the nation s motor city survive chapter 9 bankruptcy? florida governor rick scott standing behind his state s stand your ground law, despite the growing number of protesters camped outside his office. will rallies and ridgvigils imp the debate over gun control and race. a bombshell, a key witness found dead in the bulger trial. officials say it looks fishy. was he murdered to force his silence in the trial? that ahead in a few minutes. [ male announcer ] it s 7am and steve is already thinking about tomorrow. which is why he s investing in his heart health by eating kellogg s raisin bran®. good morning dad. hi, sweetie. [ male announcer ] here s another eye opener. ....