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Map date thing he's leaving the doors open for a federal bailout.
Some prominent Republicans are saying they -- but at least open to some federal help.
Here's what GOP congressman bill -- -- told -- on this program Friday.
A direct mail -- -- which I don't think it's going to be happening I -- couldn't go along with that as it's currently structured.
Our I think there's a difference between bailing out a state or or a city like this vs trying that -- some help to them so that might be a possibility.
That's -- so it the basic question is this showed that President Obama help Detroit.
Joining us now Floyd is liberal radio Nancy Skinner -- -- like to have you back on the program good to see it.
These starts another fight with him -- -- were on opposite sides of the fence politically but I got to strike vote question do you think that the president should do it.
Bail out -- just help somewhere -- -- help Detroit.
Yeah -- direct bailout I agree is is not in the works because the city is not like the auto companies.
But the auto companies -- they -- of you know we had a recession and we knew that they would -- once again -- increased auto sales went from eight million to fifteen million so that's a model you can work with.
This city though needs restructuring how.
So I do think because of you know the the situation as it is that there are very -- -- some avenues where they can help in terms of the federal.
Programs -- going -- -- stimulus programs green jobs trying to help relocate businesses and get that city back on its feet there are lots of ways they can now.
Bailout -- none of that but some kind of help you would approve -- back to new do you think it's likely.
I've got Stephen -- -- now he's the cause off he had a lot to do without missing the bankruptcy.
Christ's love for example.
He says yeah.
Do it help Detroit.
He says that the people of Detroit the current residents of Detroit then no more responsible.
For the whole look they are in.
Than the victims of sanity.
Well were responsible for the stole.
And it is the victims of sandy -- got a helped big time to the tune of sixty billion dollars so he's making.
Almost a moral comparison here in -- you've got to do this what you -- about argument.
Well there are -- hundred cities behind us ready to filing bankruptcy court now so you know I'm the president have to look at that but yeah it is -- disasters and economic disaster -- -- and Stephen's right in that regard.
You know the the bond holder's hearing -- -- crying and screaming.
They refused to take a bus tour by cabin or to look at these at the end of buildings.
They want you know they want to recoup their entire investment -- know out of every Dollar General obligation on.
They are getting 46 cents of that dollar Italy 54 cents goes to Al audio services police fire everything else for the citizens.
Well we don't know yet I mean we don't know yet what the bankruptcy judge when and if the judge actually gets control of this guys wouldn't know who's gonna get walked.
But suffice to decide you wouldn't give the creditors.
There's a couple of European banks and that you wouldn't give them a dime -- -- and get help.
Which you would it may be put some money into basic services for the -- but -- my last question Nancy.
Do you expect this you think is likely.
You know I'll tell you here's what I do.
To -- what people are not reporting the national media is that we have billionaires like Dan Gilbert who bought 29 buildings and would there they have already.
It got who -- entrepreneurs there we have.
All kinds of activity going and the downtown area strip casinos and Hugh Grant it's entertainment it's it's we had a film tax credit that our governor killed off.
Where we had movies all over George -- Clint Eastwood you name it and our governor stepped in and cut that off.
What would have done for the city of Detroit to diversify from the auto industry and what didn't they do so yes that the federal government should look at.
Let's imaginative what can we do how can we re create this great city that built the middle of the American middle class I would say story.
So I -- yet Nancy.
I'm glad we didn't indulge in a nasty political fight today it was a place -- about television set --
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