, in detroit, in to the detroit. and in detroit, in that upper room, there was a old black man lying there, and he was a one-eyed old black man. seymour. >> one eyed. >> seymour, and he was blind in one eye, and in the dreernlgs his iris was being operated on. so that he would live. the iris, and the word iris actually means rainbow. i believe that god wants to bring the multi-colored together and i believe in detroit god is seeking to bring forth another sound of revival, the william seymour anointing out of the black church. if you can -- black, white, multicolored church. and we believe as a black revival that we are coming saying, god, could you release william seymour again out of detroit for another great outpouring of the holy spirit. >> so that's what is happening at the detroit football stadium all night, that guy. you know when the nation of uganda was considering making gay being a crime punishable by death and he decided to help out there, and he issued a statement saying he did not support that and then

at that point detroit was in chaos. the crisis was unfolding day after day, and chrysler really was saved from extinction, if you will, by fiat. i think we detroit went to washington, for government assistance, i believe the first bush administration and then the obama administration saw general motors going out of business as a disaster for the economy. but chrysler, they weren't even sure was worth saving. but this, kind of a little car company that could, call that company, $60 billion in revenues compared to the other two, really needed a hand and a partner to succeed. >> host: sure. questions obviously and a port and commitment they make about as many cars and unisys as others until recently the largest car company in the world. so it was important that it remain a viable going enterprise. so i think it was interesting to see how you laid out the path what occurred in the book and led to this partnership now with fiat this seems the extraordinarily successful. do you have any thoughts on the partnership? >> guest:

. ,,,,,,,, >>> they say detroit has hit hard time is an understatement. two out of three companies needed to be bailed out, unemployment is way over the national average. as dean reynolds reports, thanks to one hometown businessman, motown may be ready for a rebound. >> there's a survival in the detroit that almost no one expected. dan gilbert, founder of the nation's largest online mortgage lender is leading a migration to downtown detroit. a city where one in four worker sess jobless and by last count, 48 office buildings were empty. >> you're taking a huge bet on detroit. >> yeah. it's a good city to bet on. although the city has been down, it's rarely been out. >> he grew up in detroit and heard tales from his father and grandfather about the city's heyday and the carmaker to the world. >> it certainly would be a very cool things, i guess, for myself and others who have heard that from my father and grandfathers to be part of a generation to help bring it back to where it was and maybe a place it never was. >> so a year ago, he moved himself and 1700

>>> on the streets of detroit the fbi is taking a hard line on those who sell young girls. investigators are scooping up more and more teens. >> is she underage? 17. >> from michigan to the suburbs romeo pimps sell dreams to the naive and even the girl next door. >> you're a victim. >> don't judge a book by its cover. just because i live in a nice house doesn't mean i live a nice life. >> it's an uphill battle for investigators trying to rescue children trapped and scared. >> we really are trying to help you. they have nowhere else to go. for us to say we want to get you out of this life, i don't know that they necessarily believe that. >> tonight msnbc goes under cover with the fbi in michigan rescuing the young and the lost caught in the grip of sex slavery in the motor city. >>> tonight we visit the streets and suburbs of detroit, michigan, joining the fbi, state and local police as part of operation cross-country five, a nationwide dragnet to crack down on those who exploit juveniles in the sex trade. in the process we came across the destroyed lives often left in the w

detroit is playing a big role there. you look at the designs, you see what's coming out, you see the future. there's a big auto show every year. i've confidence the voters are saying, how do we keep droimt competitive. and what happened in the past is the past. >> you saw that, but a big governing decision as far as the state of michigan was concern. >> the bailout was one option. we don't happen to agree it was the best option is what you're hearing from the republican candidates. >> are you in that camp? >> my views are it was unnecessary. >> 40 billion in the capital markets available? >> if not available, through loan guarantees, not through direct taxpayer cash out the door, yes. >> then why didn't gm and chrysler do that? >> because they'll go to the government, because obama started obviously before him, but decided that's the direction we're going. unfortunately what it did is that is gave the government a preferred position in the outcome of the bankruptcy. that's not appropriate. the bankruptcy court, the credi

velcome to detroit, everybody! >> reporter: so a year ago he moved himself and 1,700 quicken noans employees from the suburbs ans he city to gleaming offices. it's an oasis in the city where city toof all office space was vacant. this month he moved 2,000 more workers to a mostly vacant building across the street he bought and renovated. >> can i give you a hug? bought a >> sure! >> reporter: detroit could use some new people. in the last ten years, the city has lost about a quarter of a million residents-- enough to fill comerica park about six times. gilbert and his partners-- including magic johnson... >> don't worry about it! i'm on it. >> reporter: ...have poured $100 i'm dana king oakland has been dealing with a movement for social change for weeks. but tonight, it's preparing for something else. a citywide strike. >>> good evening, i'm allen martin. >> and i'm dana king. oakland has been dealing with a movement for social change tonight but, tonight, it is preparing for something else. a city-wide strike. >>

to keep detroit our city. i want you to know the challenges we are facing. i want you to know what we're doing to address them. i want you to know that i love this city just like you and we need your help like we've never needed it before. despite our challenges, there are many positive things that are happening in our city right now. our image is changing for the better. businesses are investing in the city again. people believe in detroit and want to see us succeed all across the world. we cannot afford to lose that momentum. the apathy that has paralyzed detroit for decades ends tonight. all of us have something to contribute to this effort. together we need to move our businesses, our employees, our contractors and elected officials to do what is right and necessary for detroit to succeed. we must cut pension and medical costs by more than $40 million dollars annually and continue strategic layoffs. we must provide better services at a lower cost. tonight i laid out the steps to avoid the appointment of an

tonight, a look at detroit, where four out of ten children don't graduate. education secretary arne duncan has called it "arguably, the worst school district in the country." but he's also said he's encouraged by new efforts to improve the schools. newshour correspondent hari sreenivasan reports on some of those efforts in this co- production with detroit public television. >> sreenivasan: it's another morning at cody high school in detroit, and teachers like antonio baker know that, for some of their students, just getting here is a victory. >> i had a young man who came in the classroom. he was really upset and he was just lashing out. he had like little dried up blood on his uniform, so i asked him what's going on. he was like, "well, mr. baker, i am sorry for cursing at everybody, but last night, my mother stabbed me and she kicked me out of the house, and i slept in an abandoned house." but this kid still got up and came to school the very next day. he could have stayed out there, he could have been in the street, but he came to school. >> sreenivasan:

fox's rob has this news edge investigation. >> this is a factory in detroit. here's what they make parts for in the factory. and these are some of the people who work in the factory. >> you already got two felonies, man. i know you're a pot head. that's you though, right? >> that's me. >> you're not supposed to be drinking on your lunch break. >> while our military is fighting for their lives and our freedom, these guys are fighting for their right to party. >> what do you do inside there? >> the name of this place is tower defense and aerospace. it used to be called w industries and some employee badges have the w logo on them. ten years ago, w industries got their first defense contract and by 2009, their revenue was $90 million a year. last year the "new york times" did an article on them. they are making part ifs r striker vehicles destined for afghanistan and iraq. here's one of the guys that works at the factory on his lunch break. the factory at hoover and 8- mile builds steel molds that will be used to make 70-foot long sections of air bus passenger je

i till like knowing i'm going to see detroit play on thanksgiving and dallas play and the detroit-green bay game, first time an up beaten teams that played on thanksgiving day in 50 years in the packers and i think the lions have a chance. we saw the green bay packers strug olympic defense last week against tampa bay and detroit has a much better offense. >> you haven't even mentioned the 8:00 game yet. that is the best game. the niner-ravens game. >> i'll be there. >> the niners have not allowed a 100-yard rusher in basically two years. they've only allowed nine rushing touchdowns in the last 26 games. so it will be very tough for ray rice to do his work. if they can contain ray rice and make f pl. aco flow the ball. you insofar know what you're going to get. it will be a defensive battle. >> that means i i might have to bench ray raise for my fantasy team. >> how many picks for carlos rogers tomorrow? >> i hope seven. >> but you tell you what. he let one go through his hands in the arizona game when fitzgerald caught the touchdown. he still is second in the league in interceptions. ha

wet on i-94 from chicago to detroit. i-95 from the carolinas to new york. rain drenches i-5, 84, 90 in the pacific northwest. >> if you're flying, airport delays are possible in detroit, chicago, memphis and on the east coast, from atlanta to new york. >>> in other news this morning, it is sentencing day for dr. conrad murray, the doctor convicted in the death of michael jackson, facing up to four years behind bars. >> that's right. prosecutors want murray to pay $100 million for jackson's lost wages and funeral expenses. the defense is asking for probation. if murray gets the maximum, prison overcrowding could significantly reduce his time behind bars. it's not clear if jackson's children will speak in court tomorrow. >>> the prime suspect in the disappearance of an american woman in aruba is heading back home to the u.s. gary giordano is being release affidavit spending four months in an aruban jail. he says robyn gardner vanished when the two for snorkeling. he could face legal problems in maryland where he took out a life insurance policy for gardner an

also, wet on i-94 from chicago to detroit. i-95 from the carolinas to new york. rain drenches i-5, 84, 90 in the pacific northwest. >> if you're flying, airport delays are possible in detroit, chicago, memphis and on the east coast, from atlanta to new york. >>> in other news this morning, it is sentencing day for dr. conrad murray. the doctor convicted in the death of michael jackson is facing up to four years behind bars. >> that's right. prosecutors also want murray to pay $100 million for jackson's lost wages and funeral expenses. the defense is asking for probation. even if murray gets the maximum, prison overcrowding could significantly reduce his time behind bars. it's not clear if jackson's children will speak in court tomorrow. >>> the prime suspect in the disappearance of an american woman in aruba is heading back home to the u.s. gary giordano is being released after spending four months in an aruban jail. he says robyn gardner vanished when the two for snorkeling. giordano would face legal problems in maryland, where he took out a life insurance polic

that brought the oil companies and electric companies to destroy -- detroit. that is the first conversation i am aware of where they sat around the same table and were talking about what the future would look like. now you do have auto companies going to electric and petroleum meetings. you have those industries going to the other meetings. it is an enormous change. >> the governor of texas says the united states can be self- sufficient in energy. do you believe it? >> today for the first time, you are seeing it happen. imports are dropping. domestic production is increasing. whether we can be independent is a sharp question. it will not happen soon. what we can do better than we are now is increased domestic production. >> a lot of this goes to the new technology like extracting oil from tight formations. pennsylvania is a boom state with unemployment at 3.5%. >> there certainly are jobs. that is one great example. there are other examples of onshore production. there are examples of offshore production. when we talk about increasing domestic production, we d

in detroit, on right, on a bridge. and in manhattan, any large open space. that looks like downtown, gives, is this downtown new york, broadway off of wall street? we will keep you posted. >> it was from the white house, ever contact you to take action on the solyndra loan guarantee or restructuring for any reason other than the actual financial analysis? >> no. >>neil: who knew only chu knew? energy secretary chu said no one at white house was cabinetting him or questioning him or bothering him about what he knew and when he knew it about solyndra, the solar concern that went bankrupts but republicans were not at all convinced. and fox business network's reporter says they have every right to be skeptical. she has been looking into this medical down and traces it back to the stimulus. >>guest: when stimulus was enacted in february of 2009 the white house put a stimulus advisor at the d energy, a yes by the name of matt rogers and the mandate was to clear the red family and help peed up recovery act spending on green programs at department of energy. >>neil:

petition out there with forty three thousand signatures asking producers to reconsider and it says detroit is home to so many great musicians and they chose nickel to have as anyone even like nickelback is this is sort of ploy to get people to leave their seas during halftime to spend money on alcoholic beverages and concessions it's completely unfair to those of us who purchase tickets to the game at least the people watching at home. oh my god i love this story because when i saw it on twitter this morning i thought oh maybe nickelback like something that people protest to like they played in a country that they didn't approve of or whatever i didn't realize that there was widespread loathing of nickelback because they i always hated nickelback i felt that solidarity that was really what people were protesting just that they aren't good now they were right they say off it is going on for half an hour let's be honest here detroit is motown you know it's the home of a great musical tradition and having nickelback a canadian band come down into detroit to play this you know it just doesn't

>> let detroit go bankrupt. >> you say, hit the road, mitt. >> let detroit go bankrupt. >> well, senior adviser to the romney campaign eric fernstrom joins us. >> welcome. >> you do this all the time with the debates. let me ask you. i am a little bit confused about governor romney's position on -- you heard the congresswoman there. she said, we call it a bridge loan not a bailout. what was governor romney against and what was he for? what part of the obama administration decisions did he support and what part didn't he? >> first, michigan is personal to mitt romney. he was born here in detroit. he spent the first two decades of life here. his dad was a two-term governor and an auto industry executive from michigan. it breaks his heart to see what's happened to the state. the obama administration holds out michigan as the crown jewel of their failed economic recovery program. i was driving in from the airport last night, went through pontiac. it's in receivership. block after block of abandoned store fronts, for sale signs in every other yard. this is absolutely heartbreaking. 11% unemp

petition out there was for him three thousand signatures asking producers to reconsider and it says detroit is home to so many great musicians and they chose nickelback does anyone even like nickelback is this is sort of ploy to get people to leave their seas during halftime to spend money on alcoholic beverages and concessions it's completely unfair to those of us who purchased tickets they gave at least the people watching at home can get their teeth oh my god i love this story because when i saw it on twitter this morning i thought oh maybe nickelback like did something that people protest to like they played in a country that they didn't approve of or whatever i didn't realize that there was a widespread loading of nickelback because they i always hated nickelback i felt that solidarity that was really what people were protesting just that they aren't good now they were right they often take this out of our have to let's be honest here detroit is motown you know it's the home of a great musical tradition and having nickelback a canadian band come down into detroit to play this you know

sharks and winds, joe thornton, they went five-two over detroit. >>> and tiger woods lost again at the presidents cup. team usa keeps it's two-point lead even without tiger. >>> by my doctors at the national league cy young award so they have something to smile about as they continued the difficult transition. >> that's right, they will be for sale now. >> that's right. if the good thing for the giants. it have to have the south versus the north rivalry. >> while it you buy that team, you get the rivalry that comes with it. >> yes, and the dog. [laughter] >> see you at 11.

and i-94, from chicago to detroit. wet on i-10 along the gulf coast. i-20, from jackson, mississippi, to atlanta. and i-40, from nashville to north carolina. >> if you're flying just a few weather-related airport delays are possible in chicago, detroit and new orleans. >>> now, back to one of our top stories this morning. the sex scandal at penn state and whether coach joe paterno could be fired for not doing enough to prevent that alleged abuse. >> his future in the hand of the board of trustees, which met in emergency session last night. at the same time, the streets around the university were filled with students. many of them supportive of the man known to so many as joepa. >> students also gathered outside paterno's house in a show of support. and abc's dan harris was there. >> love you, joe. >> reporter: an extraordinary show of support for joe paterno, the embattled penn state legend. his house, mobbed by hundreds of students, linking arms, chanting and singing. >> we love you, joe. >> reporter: that joe paterno is fighting for his job is an epi

. >> an engineer from detroit. >> hajj has swagger. he's a sales guy. >> a former dotcom millionaire. >> hank, he's experienced. he's raised money before. >> newme cofounder and self-described country boy, wayne sutton. >> it takes courage and guts to come out here and leave my son, my wife awhile and come out here and pursue your dreams. >> this isn't a charity. it's not a summer camp. we're capitalists. we're all trying to build great businesses. and we're trying to secure the funding needed to build those businesses. >> why is this so important? >> how can you have a huge and growing part of the economy with no participation from a significant demographic?

us to keep detroit our city. [applause] i want you to know that the challenges we're facing, i want you to know what we're doing to address them. i want you to know that i love this city just like you do, and we need your help like we've never needed it before. [applause] despite our challenges, there are many positive things that are happening in our city. our image is changing for the better. businesses in the city are investing again. people believe in detroit and want to see us succeed all across the world. we can't afford to lose that momentum. the apathy that has paralyzed detroit for decades in the tonight. [applause] -- for decades ends tonight. all of us has something to contribute to this ever. together we need to move our businesses, our employees, our contractors and elected officials to do what is right and necessary for detroit to succeed. we must cut pension and medical costs by more than $40 million annually and continued strategic layoffs. we must provide better services at a lower cost. tonight,

a report commissioned by the mayor's office says without drastic reforms detroit will run out of cash by april 2012. >> the food and drug administration ruled that avastin should no longer be used to treat breast cancer. avastin will still be on the market because it's used to treat other forms of cancer. today's ruling is expected to influence insurance coverage. a monthly supply can cost more than $8,000. medicare said it will cover it while it evaluates whether a change is needed. >> tom: four colleges in northeast ohio are the latest to host a new effort to inspire student entrepreneurs. the launch pad program originated and was developed at the university of miami to help students refine their business ideas, working toward building those ideas into businesses and creating jobs. we spoke with steve schwarzman, chairman and c.e.o. of the blackstone group. his company's charitable foundation helped fund the expansion of the entrepreneurial program. >> entrepreneurship is how we start businesses. it's how we create jobs. almost all of the new jobs over the last decade, decade and a

and i-94, from chicago to detroit. also, wet on i-10 along the gulf coast. i-20, from jackson, mississippi, to atlanta. and i-40, from nashville to north carolina. >> if you're flying, just a few weather-related airport delays are possible in chicago, detroit and new orleans. >>> now, back to one of our top stories this morning. the sex scandal at penn state and whether coach joe paterno could be fired for not doing enough to prevent that alleged abuse. >> his future in the hand of the board of trustees, which met in emergency session last night. at the same time, the streets around the university were filled with students. many of them supportive of the man known to so many as joepa. >> students also gathered outside paterno's house in a show of support. and abc's dan harris was there. >> love you, joe. >> reporter: an extraordinary show of support for joe paterno, the embattled penn state legend. his house, mobbed by hundreds of students, linking arms, chanting and singing. >> well, we've been -- >> we love you, joe. >> reporter: that joe paterno is fighti

petition out there with forty three thousand signatures asking producers to reconsider and it says detroit is home to so many great musicians and they chose nickelback does anyone even like nickelback is this some sort of ploy to get people to leave their seas during halftime to spend money on alcoholic beverages and concessions it's completely unfair to those of us who purchase tickets to the game at least the people watching at home get their teeth oh my god i love this story because when i saw it on twitter this morning i thought oh maybe nickelback like did something that people protest to like they played in a country that they didn't approve of or whatever i didn't realize that there was that widespread loathing of nickelback because they i've always hated nickelback i felt that solidarity that was really what people were protesting just that they aren't good now you know they were off and they just want to or have to let's be honest here detroit is motown you know it's the home of a great musical tradition and having nickelback a canadian band come down into detroit to play this you

it is for the city of detroit. and if they don't want to participate and -- participate in the pain necessary somebody else will make the decision for them. so -- we are better off coming to the table and as a city department and figuring out what we need to do what we can do to stave off this issue come first, late first quarter, second quarter of next year. >> you are willing -- if the unions don't come to some sort of agreement with you, that a city manager would step in and take care of things? >> that could very well happen. that's not where i want to go and i got voted in as mayor. i didn't get voted in as an image manager. >> thanks so much for joining thus morning. we appreciate your time. >> thank you very much. >>> the house this morning approving a measure that would dramatically expand the right to carry concealed firearms. people with a concealed gun permit would be allowed to bring their weapon into any other state with a similar law. every state except illinois and washington, d.c., allow residents t

it is for the city of detroit. and if they don't want to participate and -- participate in the pain necessary somebody else will make the decision for them. so -- we are better off coming to the table and as a city department and figuring out what we need to do what we can do to stave off this issue come first, late first quarter, second quarter of next year. >> you are willing -- if the unions don't come to some sort of agreement with you, that a city manager would step in and take care of things? >> that could very well happen. that's not where i want to go and i got voted in as mayor. i didn't get voted in as an image manager. >> thanks so much for joining thus morning. we appreciate your time. >> thank you very much. >>> the house this morning approving a measure that would dramatically expand the right to carry concealed firearms. people with a concealed gun permit would be allowed to bring their weapon into any oer state with a similar law. every state except illinois and washington, d.c., allow residents to

sharks have developed a fierce rivalry with detroit over the years. they ousted red wings if the my offs each of the past 2 seasons so it's always an event when the wings come to town. back between the papers. lots of help tonight. sharks shorthanded late in the first. bang bang. we are tied at 1. to the second. sharks with 3 on 1 here. jump about joe top shelf. 2-1 less than 3 minutes later. edward. the wrap around and man they call pickle with 4 points tonight. shark win 5-2. it's the if ivt straight regular season win over detroit. sharks first to did that in 11 years. tebow. most polarizing quab in the nfl. fans love him. critic love to rip him. he got it done again tonight for denver. knocking tebow down. ugly gam game. third quarter. powell. coughs it up. big guard. matt falls on it for the touch down. old carson 10-3 jets. sanchez picked off by good man. he will take it back 26 yards for the pick 6. game tied at 10. pwroching os down. tebow time. 95 yard td drive capped by this 20 yard scoring run with a minute left. and broncos stun the jets 1

the dnc attacks for taking the position that the auto companies and the city of detroit be allowed to go bankrupt. something romney said back in 2008. wednesday's cnbc presidential debate coming to the home state of michigan, the dnc put the pedal to the metal. watch this. >> where rubber meets the road and a town that has been to hell and back. what was his answer for the motor city? >> let detroit go bankrupt. >> now he is asking for our votes. >> what are do you say to the man kicking us when we were down? >> let detroit go bankrupt. >> hit the road, mitt. >> brad wood house's director for the democratic national committee, good afternoon. romney defend fended his position on letting detroit go bankrupt saying managed bankruptcy a better way than having the government write a check. he hasn't flip flopped, but how do you suppose that will play in michigan tomorrow night. >> not well at all. this is mitt romney and typically he is trying to have both sides of the issue. that is great spin now. he said let detroit go bankrupt and said we shouldn't help the auto companies get back on

sharks have developed a fierce rivalry with detroit over the years. they ousted red wings if the my offs each of the past 2 seasons so it's always an event when the wings come to town. back between the papers. lots of help tonight. sharks shorthanded late in the first. bang bang. we are tied at 1. to the second. sharks with 3 on 1 here. jump about joe top shelf. 2-1 less than 3 minutes later. edward. the wrap around and man they call pickle with 4 points tonight. shark win 5-2. it's the if ivt straight regular season win over detroit. sharks first to did that in 11 years. tebow. most polarizing quab in the nfl. fans love him. critic love to rip him. he got it done again tonight for denver. knocking tebow down. ugly gam game. third quarter. powell. coughs it up. big guard. matt falls on it for the touch down. old carson 10-3 jets. sanchez picked off by good man. he will take it back 26 yards for the pick 6. game tied at 10. pwroching os down. tebow time. 95 yard td drive capped by this 20 yard scoring run with a minute left. and broncos stun the jets 1

rain on the northern tier now and windy in chicago, detroit. you'll see a transition over to some snow later today. there you can see the northeast, the moisture starting the pull in. we don't start to see the rain develop until later this after nan. flood watches in effect across parts of the ohio river valley. widespread river flooding could be expected in indiana by thursday, the wabash river is of concern. a new storm hits the pacific northwest by late today. look at the temperatures, carol. 43 in atlanta for a high today and 63 in new york. boo. >> sounds perfect to me though. >> i'm coming to visit. >> please do. you can run through central park with me later this afternoon. >> ooh, i would love it. >> i'll be waiting. >> only five miles, though, that's it. >> that's good. that's perfect. >>> another bombshell against republican presidential hopeful herman cain. a new accuser has come forward with her story. this time it's a story of infidelity. atlanta business woman ginger white claim she and cain had a 13-year affair. reporter amy napi

an auditor this spring found if detroit doesn't do something dramatic and soon, detroit runs out of money by the middle of next year. think about that. a major american city running out of money. we're talking about going bankrupt here. we've seen other municipalities doing that. it's almost unthinkable, that "b" word, but you look at towns like jefferson county, alabama. a suer project and revenue declining and costs going up. a problem there. more news on detroit. it would be the biggest one, but it is running out of cash. harrisburg, pennsylvania, also bankrupt. this is because of a trash incinerator that was supposed to generate revenue. making money now, but not enough to pay off its debts. central falls, wyoming, that one bankrupt as well. detroit the biggest of all of them. i don't want to be so glood and doom about it. if he gets emergency powers, he can start making some pretty drastic cuts. people will feel it, but drastic u cuts. also, you know, the town has already be doing things like luring big businesses downtown. there's a whole foods that's going to be going in down there

>> i think, you know, frankly, detroit is a graveyard of socialism in america. it's an example of where you have had left wing governments for many, many decades that have really cheated the people of detroit. >> bill: 25% of the population left. >> absolutely. >> bill: "yes" or "no," the federal government going to have to take over detroit? i think the feds are going to have to run the city. no more money. >> dave bing is the first reformest mayor. >> bill: he doesn't have hope of getting money. >> if anybody can fix it dave bing can. >> bill: he has no hope of getting money. >> is he a former union representative with the nba. he wants to take on the unions. he understands it's the only way to save that city. >> bill: they are going to run out of money. they don't have anymore and they can't borrow it. nobody is going to lend it to them. >> washington doesn't have any problem money to lend them either. we're bankrupt, too. >> bill: but washington can get money from china. detroit can't. >> we are almost tapped out on our credit card, too. >> bill: all right,