. >>> detroit lawmakers are expected to be in the court next week to work out the city's bankruptcy filing. detroit is the largest american city ever to file for bankruptcy. there's concern that hundreds of city workers could be laid off and city services cut. >>> this is concord. you can see all the crews down there. there's a gas leak right now. it's in the area of concord avenue and mer rid yan park boulevard. there may be some evacuations right now. fire not confirming that at the moment. this is a two block radius around that gas leak leaking from a pipe in the street. you can get the latest breaking news from us. >>> royal watchers everywhere are playing the waiting game. is the duchess of cambridge past her due date? >> reporter: the international media waiting with cameras po e poised at saint mary's hospital. the man with the most vested interest in the royal baby, prince william is waiting with kate. the associated press reports he is already on official leave from his job as a search and rescue pilot. don't assume he gets the royal treatment when it comes to paterni paternity. he gets two weeks off when his chi

the prosecution and defense requested his release because he is a candidate in this year's moscow mayoral elections. detroit was once a thriving american city, home to motown and the model t ford. it is the largest american city to the clear bankruptcy. after a population that shrunk to less than a million now, detroit is simply broke. look at the painful decision and the impact it is going to have on citizens. >> detroit has welcome to a new reality. its financial ruin is complete. , mismanagement, and population decline have taken their toll. the city that was once a symbol of america's industrial might has gone broke. >> this is our opportunity to stop 60 years of decline. this is fundamental. if anyone liked the detroit of five years ago, 15 years ago -- how long has this gone on and people have not said, stop kicking the can down the road and do something? >> the automotive industry opens war on unemployment. >> they have sent telegrams to thousands of employees, calling them to the factories. >> detroit helped to the middle class. the city put america on wheels. the packard plant became an emblem of industrial might. now, it stands as a monument to better times. the packard was a luxury ca

the debtor, city of detroit, michigan. it's rare to see this. the motor city facing $18 billion of debt. it's the largest americanry to file for bankruptcy. detroit had nearly 2 million residents, down to 700,000 today. don, it's something you see companies go through bankruptcy, people go through bankruptcy, a big city like detroit, you know, a city so powerful and important to america like detroit. i wish them the best. they will be paying their bills. reorganizing the debt is what they hope to do. >> let's hope they do it fast. >>> new york congressman, peter king considering a run for the white house. he says after surveying the field, he doesn't see anyone focusing on what's important to him, national security. he calls chris christie and jeb bush solid candidates and doesn't want to see the republican party defined by conservatives like rand paul and ted cruz. >>> officials don't know what started a massive fire at an indiana fireworks store. it broke out wednesday night at windy city fireworks in rochester, indiana. it's 40 miles south of south bend. firefighters had to battle flames and exploding bottle r

the law takes effect this october. >>> a new low for the motor city. detroit filed for bankruptcy this afternoon making it the largest american city to ever file. the city's debt is estimated at $18 billion, a steep population drop and mismanagement are among the leading causes of detroit's demise. >>> the world is celebrating nelson mandela's 95th birthday today, including his native south africa. well-wishers and school children gathered to sing songs. mandela remains in the hospital with a recurring lung infection. doctors say he's health is steadily improving. the u.n. has declared july 18th as nelson mandela international day to recognize the nobel peace prize winner. and we will be right back with a new addition at the san francisco zoo. >>> this is notable news. there's a new player in hollywood and it has a pedigree. we're talking about the netflix series you're seeing here "house of cards" produced not by a hollywood studio but by netflix. it's the first onliner isries to get a top nomination. the broadcast networks were already losing ground to cable and now netflix is swooping in and getting lots of emmy love. >>> besides the "house o

detroit is the largest american city ever to file for bankruptcy, by far the largest. the long-term debt as high as $20 million -- >> so what do the creditors stand to lose on this? often there is a restruck dooring, they get paid off at pennies on the dollar. do we have any idea? >> we don't. a federal judge first has to approve this. this is a request to go into the chapter nine bankruptcy which is the municipal plan -- >> right. >> so the judge has to go throw a three-month process of approving it and a reorganization plan they have to work out with creditors including pensioners. >> this is so shocking something like that is happening in the united states, and, you know, we've heard about state finances in trouble, city's finances in trouble. is detroit a one-time unique situation, or will we hear this about a lot of major city sns. >> there has been a lot of talk about that. detroit for 40 years has been a place of extreme. extreme racial strife, white flight, decline of the m manufacturing base. this city had issues that any mu municipality has had dealing with t

detroit became the largest american city ever to file for bankruptcy. tisan senate group announced a compromise deal on student loans, tying interest rates to financial markets. it's the latest attempt to rescind a doubling of interest rates on federally subsidized stafford loans. >> brown: and another "newshour story" online: on making sense, economics correspondent paul solman reacts to a viewer's comment about the american dream in the face of today's economic reality. all that and more is on our website newshour.pbs.org. and i'm jeffrey brown. >> woodruff: i'm judy woodruff. and again here tomorrow evening with mark shields and david brooks, among others. thanks for joining us. good night. >> major funding for the pbs newshour has been provided by: >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions

. >>> the mayor of detroit says bankruptcy offers that troubled city a new start. detroit is the largest american city ever to file for bankruptcy protection. it is more than $18 billion in debt. the city's emergency manager says the move allows the city to keep operating. >> services will remain open, paychecks will be made, bills will be paid. nothing changes from the standpoint of the ordinary citizen's perspective. >> but detroit will not have to pay many of its bills. yesterday's bankruptcy files follows months of talks with creditors and city employee unions. >>> the national security agency is changing its security protocol because of edward snowden, the nsa leaker. they say computer analysts like snowden will no longer have solo access to sensitive information. from now on two people must be involved to prevent security leaks. >>> as snowden waits to hear in russia will give him asylum, president obama reportedly is thinking of canceling a september meeting with vladimir putin. they say calling off the summit will call into question several issues including snowden and civil war in syria.

the city's bankruptcy filing. the city made the move yesterday as it was about to default on a large part of the $18 billion debt and now the largest american city ever to file for bankruptcy. there is fear that hundreds of city workers could be laid out and city services cut. the white house says president obama and the team are watching the situation. >> money troubles are forcing massive layoffs in chicago public school system. the district says that 2,100 teachers and support staff will lose their jobs on top of the 850 workers laid off last month. officials blame the job cuts on the legislature's failure to real a deal on pension reform which would free up money for salaries. >> the san francisco zoo welcomes a new addition with the cute baby pictures. >> an act that usually brings you a ride is offering you a cold and tasty treat in an app. >> wet suit that promises to >> zookeepers if san francisco say a baby gorilla is healthy and doing well born to two of the western low land gorillas. the zookeepers say it is being introduced and could be on view for the visitors in a few days. >> if you need to beat the summer heat pick up the sm

the chipmaker advanced microdevices are being blamed by analysts. >>> these are desperate times for a city that once was one of the most prosperous in north america. detroit is now the largest american city to file for bankruptcy. its long-term debt could be $20 billion. chapter 9 plan could include layoffs, selling off assets and further cutting basic services. but the michigan governor said this morning it is a necessary step toward a long-term rebuilding process. >> one of the first things i was concerned about are people going to think the police aren't going to come anymore or if something is going to stop. that's why we want to have this to reassure the citizens of detroit of normal operations continuing. people will be paid. >> it's a far cry from the 1950s. the heyday of the auto industry, detroit had 1.8 million people. population today is about 700,000. >>> it's the military's not so secret crisis. thousands of men and women in uniform assaulted by their fellow servicemembers. danielle nottingham on the congressional hearing today that included testimony from a marin woman. >> thank you, miss wilkin. >> reporter: military veterans told their storieses of sexual assault to

the largest american city to do so. does that impact anybody holding detroit's bonds. what impact does it have beyond detroit? >> everyone looks at detroit in a certain way, we all thought that was one of the most troubled cities. the real estate recovery never hit there. unemployment is still double, it's around 16%. >> tough going there. >> it's tough. the big question is, what is next for the shoe to drop, is there another city that will go through the same thing. so far, from what i can see in the markets yesterday, it seems that people recognize that detroit is unique from the other major cities, but, you know, people are going to be weary. >> in terms of your clients. what are you seeing terms of sentiment right now? >> in general, there's a lot of unconcernity, we have been talking about rotating from stocks to bonds, and bonds to stocks, and we tell people to stay in the middle of the road. as rich mentioned have a balanced portfolio, have a long-term horizon and understand what the long erm objectives are. >> do you think it's appropriate that all the money ca

breaking news tonight, the city of detroit has filed for bankruptcy and becomes the largest american he filing against and 30 to 90 days in which it will be determined whethereterred is eligible for chapter nine bankruptcy protection and lays out the rules by which to try its creditors can compete for the city's eremely limited and rapidly dwindling resources. detroit's long-termebt is estimated to be as high as $20 billion. among the most critical issues now confronting the city, how detroit can manage to pay its first responders

the u.s. auto industry has recovered but not the city most closely associated with it. with its manufacturing base shrinking and its population declining, detroit declared bankruptcy today. it's the largest american city ever to do that. the file cog lead to the layoff of city workers but late today detroit's emergency manager said the city will remain open and its bills will be paid. today president obama promised what he called more bang for your buck when a major part of his health insurance program opens foreign rollment in october. the affordable care act is facing public doubts and technical setbacks. but the president said today costs are already falling and will fall even more when uninsured americans begin enrolling in health care exchanges, where insurance companies will compete for customers. jim axelrod has found there are potentially big savings if the right customers sign up. >> you notice these envelopes are unopened. >> reporter: charles lenchner, 43 and uninsured for most of the last four years doesn't even open emergency room bills any more for treatment of his migraines. >> because when you can't pay a hospital bill you know they keep on sending them, you still can't pay. >> re

the largest american city to postfor bankruptcy. ver 100 urban cities that are having the same problems we're having. we may offer the worse. but we ax lawsuitly won't be the last. >> estimated 140,000 characters are waiting to be paid. >>> house republicans are launching a new effort to attract women to their lakes. >>> project grow is expected to get more and more women. kurpltly 19 of the republicans in are -- currently 19 of the republicans are in a -- >> for me to tell them to pull their magazine from the bookshelves, newsstands is not up to me to do that. >>> the congress angered to boston. rolling stone is handing by its coverage saying makes it more difficult to accomplish. >>> more than 100 people marched through downtown san jose this week. as the march wrapped up the demonstrate it got rowdy. protesters unhappy with the verdict. briefly affected mass transit. deborah wrigley has the story. >> reporter: but tonight's march here had its moments. toward the end of a march for trayvon martin. >> welcome me up today -- lock me

the ideas, downsizing. >> we could become the greenest city in the country because of the land that we have. >> reporter: the bitter pill of being the largest americanity to ever fold, stiffing creditors, cutting pensions while hoping to offer its citizens some way out. jim avila, abc news, washington. >>> next tonight we want to take you to the middle east where you go inside a growing crises, the u.s. secretary of state already there on the scene and take a look at it now. we are talking about the sheer reach of the humanity, an endless stretch of people in a refugee camp in jordan. they're syrians. it has become the second largest refugee camp in the world, three square miles, half of them are children, all of them fleeing the war in syria. abc's martha raddatz was there >> reporter: the refugee camp is bigger than kansas city, 140,000 people on the run from the terror of the assad regime. enter secretary john kerry, to show concern. but what he found after the video cameras were escorted out was rage. what are you waiting for, said one refugee. at least impose a no fly zone. kerry acknowledged the horror. >> this is building into one of the grea

the largest american city to enter bankruptcy is $18 billion in debt. nearly one-third of it owed to retiree health care alone. michigan governor rick snyder who said in 2011 he'd not let the city fall into bankruptcy now says there is no other choice. >> do you think there is a federal bailout in detroit's future? >> no. and i don't expect one. i've said before, the state cannot bail out the city of detroit. and part of the context i would say that to you, it's not just about putting more money in a situation. it's about better services to citizens. again, it's about accountable government. >> detroit wants to spread the losses to both investors and those with pensions. an estimated 20,000 retirees who rely on the monthly income. that makes up $3.5 billion of the city's debt burden. since the city declared bankruptcy, a circuit court rejected the filing labelling it unconstitutional. that's likely to delay what many consider the inevitable. creditors are looking at the city's vaunted art collection as possible assets to liquidate. the detroit institute

. >> detroit is the largest american city ever to file for bankruptcy. >> you weren't trying to make ee look ugly. >> from across the bay -- >> we don't go after people for just aesthetic pruning reasons. >> to around the world, the stories that matter on kpix 5 news this morning. captions by: caption colorado comments@captioncolorado.com >> your realtime captioner: linda marie macdonald. >>> good morning, it's friday, july 19. i'm michelle griego. >> the big word there? >> friday. >> hi, everyone. i'm frank mallicoat. it is friday that means the weekend is upon us. and we need to know about our weather. >> is it going to be hot? we're going to see those temperatures even hotter today. thick patchy fog in the north bay valleys now. into santa rosa visibilities down to a half mile. temperatures fairly mild outside with mostly cloudy skies inside the bay. clear into concord and livermore. 56 livermore. 55 san francisco. 57 in san jose. this afternoon, we start cranking up those temperatures. 80s and 90s into morgan hill and gilroy. east bay numbers a lot of

it's the largest american city to go through this. and i don't know how they will get out of it. >> that's the best thing. and i almost grew up there because i was there every summer to visit relatives in the early 50s. you're right. and really as the same problem for them and every city of america that they have had with the industrialization. and the only thing is when the auto industry left, nothing replaced it. >> right. >> and so you've got more than the king riots. i'm sorry, '67. >> but the year before it, '57, those riots only accelerated white flags and disinvestments. and then you had a series of different mayors and local conflicts politically. and again, you know, they will be down for the disinvestments. no one came down with what left and it is worse and that means you lose the police services and schools, etc., etc. >> i'm not giving you the root cause of the decline. >> and it is for all the legacy costs from all union contracts. but not having the investment for them. and why could they show the impressive delegation f

breaking news tonight, the city of detroit has filed for bankruptcy and becomes the largest american ever to go bankrupt. the filing against and 30 to 90 days in which it will be determined whether deterred is eligible for chapter nine bankruptcy protection and lays out the rules by which to try its creditors can compete for the city's extremely limited and rapidly dwindling resources. detroit's long-term debt is estimated to be as high as $20 billion. among the most critical issues now confronting the city, how detroit can manage to pay its first responders. after determining how much of the city's pensions are funded, deciding what percentage of that money will actually be paid out to detroit retirees. we will be taking the story up with some of the best political and economic minds in the country tonight. the failure of detroit's past and present leaders leading to its economic calamity. and in the nation's capital is also at risk. it is said that major aborts a vacuum and if ever there is a vacuum it is in washington d.c. a president who leads from behind is often not interview.

breaking news tonight, the city of detroit has filed for bankruptcy and becomes the largest american ver to go bankrupt. the filing against and 30 to 90 days in which it will be determined whether deterred is eligible for chapter nine bankruptcy protection and lays out the rules by which to try its creditors can compete for the city's extremely limited and rapidly dwindling resources. detroit's long-term debt is estimated to be as high as $20 billion. among the most critical issues now confronting the city, how detroit can manage to pay its first responders

the historic bankruptcy filing by the city of detroit. the city made the move yesterday as it was about to default on a large part of the $18 billion debt. detroit is the largest american city ever to file for bankruptcy. to years hundreds of city workers could be ahead off and city services could be cut. also, from detroit, general motors is paying extra close attention to carmaker tesla with g.m. setting up a task force to look at impact tesla and the vehicle could have on the industry. tesla could be a big disruption and the vice chairman says hit is filled with big companies that ignored innovation. g.m. is learning from the past mistakes and especiallien with it underestimated japanese automakers in the 70's and 80's. >> the baby watch continues and this morning, a new report that today is the due date of the duchess. sources say today july 19 is the due date for the duchess. previously, the due date was widely thought to be july 13 lead many to believe she was late. but if today is her due date that raises the possibility that she could give birth as late as august 2nd which could be two weeks later. the baby was said to be due in "mid-july." i watched this break

. >>> detroit filed for bankruptcy this afternoon, making it the largest american city to ever file. the city's debt is estimated at $18 billion. a steep population drop and miss management are among the leading causes of detroit's demise. >>> three years after he pushed it through, the president still has to sell obamacare. participation is critical when the program launches this october. because if enough young, healthy people don't enroll, it could cripple the system. >> if you don't have health insurance you are finally in a position to get some, at an affordable price. >>> in sacramento, a training session is under way for workers who are expected to enroll millions of californians. but in ohio, a state run by republicans, consumers are hearing they'll pay 88% more because they'll have fewer health care choices. the obama administration show surveys say it is important. >>> she is just 8 years old but fighting for every breath. coming up, we'll meet a brave girl that is counting the minutes until she can get a lung transplant. >>> plus netflix goes for shiny hardware. how they ar

becoming the largest american city to do so. fv jim avila has the story. >> once america fourth largest city, detroit now a stunning 18 billion dollars in debt. clinging to its reputation as the world motor city. producing eastern sold by homegrown stars like eminem. >> motor city. this is what we do. >>reporter: and clint eastwood embodying the don't give up spirit of detroit with his iconic commercial reminding americans watching the super bowl of the city latest come back. >> world will hear the roar of our engine. yes. it's half time america. our second half is about to begin. >>reporter: but the motown glory years of fast cars and soul music lon gone. now the homicide rate is at its highest in 40 years. dub murder city with 78,000 abandoned building buildings. 63 percent of its population gone. so empty the city of paris could fit inside the vacant space. and today the michigan governor announced the unavoidable bankruptcy. >> detroit is broke. >>reporter: detroit now hoping to start over. >> opportunity for fresh start. >>r

. >>> detroit is the largest american city ever to file for bankruptcy. speaking of a sad day, i got out of my building, walked outside and went -- >> how is it? >> i don't know. instant sweat. the first thing i said to the taxi dri

. >> detroit is the largest american city ever to file for bankruptcy. >> you weren't trying to make the tree look ugly. >> from across the bay -- >> we don't go after people for just aesthetic pruning reasons. >> to around the world, the stories that matter on kpix 5 news this morning. captions by: caption colorado comments@captioncolorado.com >>> good morning. the weekend is here. happy friday, july 19. i'm frank mallicoat. >> i'm michelle griego michelle griego. time now is 6:00. lawrence, frank is happy it is the weekend. >> i think we're all happy! a lot of sunshine coming our way. if you like heat you'll like this weekend. if not, head to the coastline. the sea breeze is carrying with it low clouds and fog this morning. that will pull back to the coastline leaving lots of heat in the valleys for today. but right now, a very gray start out over the bay bridge. and in some of the north bay valleys some thick fog. 58 in oakland right now, 54 in san francisco. 58 in san jose. this afternoon, temperatures soaring into the 80s and 90s in the south bay. i think the east bay you're look

. >> detroit is the largest american city ever to file for bankruptcy. >> you weren't trying to make >> from across the bay -- >> we don't go after people for just aesthetic pruning reasons. >> to around the world, the stories that matter on kpix 5 news this morning. captions by: caption colorado comments@captioncolorado.com >>> good morning. the weekend is here. happy friday, july 19. i'm frank mallicoat. >> i'm michelle griego michelle griego. time now is 6:00. lawrence, frank is happy it is the weekend. >> i think we're all happy! a lot of sunshine coming our way. if you like heat you'll like this weekend. if not, head to the coastline. the sea breeze is carrying with it low clouds and fog this morning. that will pull back to the coastline leaving lots of heat

the future of the motor city. once the symbol of american industrial might. detroit has now filed for the largestin american history because of $18 billion in debt. during its restructuring, city employees could face layoffs. pensions of city retirees will likely be reduced. there might be pulling back of services like trash services and snowplowing. the mayor is saying that will not happen. >>> police are looking into the release of photos showing the accused boston marathon bomber just before he got arrested. that red dot on his forehead, that's a laser from a police sniper rifle. the photographer says the photos show the real bomber, not somebody, quote, fluffed and buffed for a magazine. >>> a massive case of alleged art fraud here in new york city. a woman accused of selling $30 million of bogus art in galleries in manhattan. allegedly making up stories about who supplied the pieces and hiding her profits in overseas accounts. she denies knowing they were fake. but she could face nearly 60 years in prison if she's convicted of fraud. >>> and now, a guy that should try decaffeinated espresso

. >> rose: we want to talk about a great american city that is declaring bankruptcy, last week detroit filed for bankruptcy, making it the largest american city in history to do that, detroit is said to be at least $18 billion in debt, its quick rise during the first half of the 20th century was ignited by the birth of the auto industry, its fall in recent decades has been equally dramatic, a slew of looming liabilities that include overwhelming healthcare and pension costs and emergency manager is in charge of the city to help resolve its problems but the process could take months or years to resolve. we want to talk about what happened to detroit with steve rattner. he earned the title car czar when he led president obama's efforts to restructure the leading auto makes, all the based in detroit, in full disclosure he is a supporter of this program. i am pleased to have him back at this table. welcome. >> thank you, charlie. >> rose: let's just start with the obvious, how is this different from the auto bankruptcy? >> it is different in that it is a city, it is not a set of companies. so they don't make profits. >> rose: right.

nay ear giving him celebrity >>> detroit has been in decline for deck said and now it's the largest american city 9 filing is expected to lead to cut backs in services and layoffs. the filing will offer detroit a new start. >> this is a very very difficult day for me and i'm sure it is for a lot of our citizens here in the city of detroit. you know when i took office over four years ago i said detroit was in a financial crisis. and we tried to work our way through the situation over the last four years. as tough as this is i really didn't want to go in this direction, but now that we are here, we have to make the best of it. >> detroit owes money to more than 100,000 creditors. >> president obama says americans are already seeing the benefits of his health care law. the law has brought down premiums and millions of people have received insurance rebates. >> yesterday despite all the evidence that the law is working the way it was supposed to for middle class americans, republicans in the house of representatives voted for nearly the 40th time to dismantle it. we've got a lot of problems in this c

the president's team maintains they are monitoring the situation, but detroit is the largest american cityfile for bankruptcy. meanwhile, the san diego sheriffs office has established a hotline for sexual harassment claims gans the mayor. resignats increased. there are no formal charges, but flinner says he welcomes an investigation by authorities. a deadly roller coaster accident in texas. a woman fell riding a roller coaster and there seems to be no foul play. details surrounding the cause of the fall have not been released. superman and batman will unite on the big screen. the man of steel's director made the announcement at comicon in san diego. the release is expected for the summer of 2015. those are the top stories. i have two brothers, so i will admit that i am very excited about that. >> shannon: i want to say at that convention, it exploded when that announcement was made. we have to wait 2 years, so we will do so. >> okay. thanks. >> shannon: in just the last 90 days, the federal government has posted 6,513 newly proposed regulations. our next guest says the administration is us

the reason they're sharing managers? they're running out. >> gretchen: let's get to your headlines now. we start with a fox business alert. motor city has made history for the wrong reason. detroit now the largest city in americanrotection. the city is $18 billion in debt. detroit has struggled as the auto industry declined and businesses went elsewhere. the mayor says the city is down, but not out. >> as tough as this is, i really didn't want to go in this direction. this is very difficult for all of us, but if it's going to make the citizens better off, then this is a new start for us. >> gretchen: general motors says it has no plans to leave the city of detroit. >>> we're going to learn later this morning how a chinese student on board flight 214 actually died. police and fire officials confirmed last week that 16-year-old girl was hit by a fire truck racing to try and put out the fire after that crash landing. but it's been unclear if that's actually what killed her. today the coroner's office will hold a news conference to announce the cause and manner of her death. two other teens traveling in her group were also killed. >>> president obama giving putin the cold shoulder? the president not happy russia is

detroit is the largest american city ever to file for bankruptcy protection, decades of mismanagementching up to the motor city once the symbol of american industry. in fact, the photo behind us, you're going to see it full on your screen in just a moment, is a photo of the old packard auto plant. it apparently produced luxury cars in the early 1900s, and that's how it looks like when detroit was booming. jon: and these days one of those cars is probably worth what that property is. jenna: that's probably true. take a look at the same property now. this is not an unusual picture for the city of detroit, unfortunately, with buildings, many of them, in shambles. and basic services like garbage being pick up greatly reduced at a standstill. speaking at a news conference earlier early this morning, michigan governor rick snyder says it's really the only viable option. >> i don't view this as a terrible answer in the sense that now's our opportunity to stop 60 years of decline. this is fundamental. has anyone liked the detroit of 5 years ago, 10 years ago, 15 years ago? how long has this g

the largest city to file for bankruptcy. >> good morning ainsley and patti ann. the motor city is now the broke city. detroit is the largest municipal bankruptcy in americanistory. detroit's finances had been in decline and unable to pay its bills. they left nearly 20 billion in debt owed to 1,000 creditors. he told us what went wrong on special report last night. take a listen. >> in detroit there was a lack of contribution there was multiple cases of mismanagement that went on for a long period of time with respect to pension liabilities in detroit. >> some credit tors were asked to take pension. they slunk from the peak of nearly 2 million 1950 to 700,000 today. the stays unp employment rate has nearly tripled since the year 2000 and it is more than double the national average. detroit's homicide rate is at the highest level in nearly 40 years. they have fwhanled one of the most dangerous cities in the u.s. for the past 20-years. detroiters wait almost an hour for police to respond compared to the national average of 11 minutes. 78,000 buildings abandoned. officials including the governor and kevin ore assure detroiters it's business as usual now. serv

the city government and it says what are we doing to promote immigrants? i think it is in the city's interest. we focused on the mexican- american community. chicago will be the fifth largest city in mexico based on our population. that is a huge economic capacity when you think about what nasa has created for the united states, but we are outside of warsaw the second- largest polish city. a huge amount of trade back and forth could happen when you think about how poland is growing. [indiscernible] i know that. that is why i gave a shout out. it ges you a sense of the size of the city. everywhere,be true but based on the mexican- american population, we are the fifth are just city in mexico, and we are the second-largest city in poland. that is part of our history, but when you think about remittance, trade, opportunity, travel, tour is a -- at every level -- toward his him -- tourism -- at every level, it is a huge economic opportunity if for market and for a city that is still the headquarters of what i call the flat roof manufacturing, it does not have an export strategy because these are family owned businesses. the historical immigrant roots is a huge economic opportu

the fourth most populated city in the country. and one of the wealthiest. it's now becoming the largest city in american history to file for bankruptcy. one hour from now, michigan governor rick schneider and detroit's emergency manager will hold a press conference to discuss the chapter 9 bang ruppcy filing. the city announced it cannot pay its debts. the governor called it a very difficult and painful decision which she had to make on thursday. >> many people may say this is the lowest point in detroit's history. but if we were to do this, detroit would continue going downhill. isn't it time to say, let's stop. detroit is broke. from a financial point of view. and more importantly, the citizens deserve better services. this is one way to get that to happen. >> detroit's mayor dave bing indicated that he disagreed with the decision but he also didn't fight it. >> one of the things that i want to say to our citizens is that as tough as it is, i really didn't want to go in this direction, but now that we are here, we have to make the best of it. >> today, snyder and other officials will try to calm the f

coming up on "morning joe" the down fall of a once great american city, detroit declares bankruptcy. becoming the largest ever to file. we're going to talk to steve rattner, the former car czar who was involved closely with the 2008 auto bailout in a minute. >>> and a massachusetts state police officer loses his job after releasing new photos of the boston bomber all in response to that controversial "rolling stone" cover. more on that straight ahead. >>> and the senate primary in wyoming is heating up for sure as a top republican strategist calls elizabeth cheney a "bored housewife"? over her decision to move back to her home state? we'll explain how those comments may impact the race. >>> also, new york jets head coach rex ryan will join us here on set to talk about the upcoming nfl season and his recent decision to run with the bulls in spain. we'll have all that. also vladimir putin proving once again if he doesn't like somebody, he just gets them arrested or worst. along with michael steele, sam stein is, david gregory all ahead on "morning joe." >> thank you. we'll see you in a few minutes. stale a

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the city is filing for bankruptcy, becoming the largest u.s. city to do so >> move is unprecedented. the biggest municipal bankruptcy in american history. a major u.s. city officially declaring it cannot pay its debt estimated at $18 billion. >> stephen: $18 billion! and detroit borrowed those billions from some pretty serious people. if they don't get paid, they've thrented to cut off michigan's thumb. ( laughter ) now, it turns out, robo cop was an optimistic view of detroit's future because the numbers tell the story. the city's population has dwibdle twd 2 million to 700,000. detroit has the highest unemployment rate in the nation, and at 73,000 abandoned buildings. knowing how far the city has fallen would have henry ford rolling over in his grave and somehow blaming the jews for it. notice, there are a lot of theories out there, about what caused detroit's decline-- manufacturing jobs going overseas. corrupt politicians. but the easiest explanation for detroit's decline is it's all the unions' fault. >> you have all these pensions and you have all this debt, and now it's just taking them down. >> there was over-generous pensions a