Could things get any worse in Detroit?
Yes. Take a look at this article recently published in the Lansing State Journal.
http://www.lansingstatejournal.com/article/20130524/NEWS01/305240007/Detroit-EFM-considering-selling-off-DIA-s-art-collection?nclick_check=1
Detroit emergency manager Kevyn Orr is considering whether the multibillion-dollar collection at the Detroit Institute of Arts should be considered city assets that potentially could be sold to cover about $15 billion in debt.
It is a very sad state of affairs indeed when a city begins to consider selling its artwork to pay for its debt. I truly hope that Detroit can avoid this catastrophe. Get out there and buy some American-made cars!
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