Quote Originally Posted by Wesley Mouch View Post
The main reason this won't happen is because we as a country need to reform our city governments, not encourage more inefficiency. Along with lots of bad things, this financial crisis is at last bringing reform.

Ask people who work in government [[outside of Detroit). I've heard stories about how over the last dozen years they're reorganized their workforces. Moved to 401k pensions. Downsized. Computerized records. Consolidated with other cities.

If we 'bail out' Detroit, then we will just get a chance to 'bail out' the 10% of cities that haven't reformed. Then next up... bail out States. I don't like the idea of Michigan sending cash to Illinois to fix their pension mess. Do you?
Since this proposal wouldn't give money to the city government, especially not in the short term, but merely encourage economic activity in the city, I don't really think it would provide much incentive to keep Detroit unreformed, nor do I think that is the reason it is not going to happen.