The hollowing out of Detroit is nearly complete. All that’s left is a bankrupt shell of a city with no services and scattered citizens that do not pay taxes. The Detroit News reports Half of Detroit Property Owners Don’t Pay Taxes Nearly half of the owners of Detroit’s 305,000 properties failed to pay their tax...

On January 29 Bloomberg reported Bing Races to Beat Michigan Deadline for Union Detroit Deal Democratic Mayor Dave Bing is racing to wrest concessions from 48 bargaining units to erase a $200 million deficit in the home of General Motors Co. and the cradle of the U.S. auto industry. Otherwise, the city of 714,000 dominated...

Michigan Live reports Detroit could run out of cash in December, plan must include layoffs Bing is expected to discuss a confidential Ernst & Young report obtained by the Detroit Free Press that suggests Detroit could run out of cash by April without steep cuts to staff and public services. That’s a grim prognosis, but...