Detroit files for bankruptcy (with apologies to William Butler Yeats).

So.  Detroit has filed for bankruptcy.

Ahem.

Deeper and deeper in its gathered regret
The city cannot bear its crushing debt;
Things fall apart; Blue Models cannot stand;
Smith’s virtuous Fist is loosed upon the land,
The bankruptcy is loosed, and everywhere
The solvency of proud Detroit is drowned;
The Left lacked all competence, while the Right
Was kept away, per standard policy.

Surely some intervention is at hand;
Surely the Administration is at hand.
The Administration! Hardly are those words out
When a vast image out of Dreams of my Father
Troubles my sight: somewhere in sands of Hawaii
A boy with careless spirit and the age of a man,
A gaze blank and indifferent as a mask,
Is savoring slow puffs, while all about him
Lurk shadows of soft-bigoted sycophants.
The image fades again; but now I know
That Motown’s century of reckless deeds
Have spawned a nightmare that walks, with bill in hand,
And what rough beast, its hour come round at last,
Slouches towards Michigan to be born?

Moe Lane (crosspost)