http://www.freep.com/article/20131203/NEWS01/312030080/Judge-Steven-Rhodes-pensions

This ruling is not directly pertinent to us because Illinois and its large cities cannot file bankruptcy, but it sends a national message.

“A new Detroit is born today,” one commentator wrote.

Will the fresh start of bankruptcy combined with extraordinarily low prices and a state budget in surplus lead to a boom?  We’ll see.