{"id":39119,"date":"2013-07-19T02:29:43","date_gmt":"2013-07-19T02:29:43","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ap_detroit_files_largest_municipal_bankruptcy_in_u-s-_history\/"},"modified":"2013-07-19T02:29:43","modified_gmt":"2013-07-19T02:29:43","slug":"ap_detroit_files_largest_municipal_bankruptcy_in_u-s-_history","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=39119","title":{"rendered":"(AP) Detroit files largest municipal bankruptcy in U.S. history"},"content":{"rendered":"<p>Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged and its neighbourhoods hollowed out by a long, slow decline in population and auto manufacturing.<\/p>\n<p>The filing, which had been feared for months, put the city on an uncertain path that could mean laying off municipal employees, selling off assets, raising fees and scaling back basic services such as trash collection and snow plowing, which have already been slashed.<\/p>\n<p>\u201cOnly one feasible path offers a way out,\u201d\u009d Gov. Rick Snyder said in a letter approving the move.<\/p>\n<p><a href=\"http:\/\/business.financialpost.com\/2013\/07\/18\/detroit-bankruptcy\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged and its neighbourhoods hollowed out by a long, slow decline in population and auto manufacturing. The filing, which<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=39119\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,209,149,105],"tags":[],"class_list":["post-39119","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-economy","category-urbancity-life-and-issues"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/39119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39119"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/39119\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}