Ed Schultz: Thanks To Republican Policies, 'Detroit Is Now Filing For Bankruptcy' Ed Schultz "Michigan used to be a symbol of industrial strength in manufacturing in this country. But thanks to a lot of Republican policies, the city is now filing for bankruptcy. Now, it’s the largest public sector bankruptcy in U.S. history, and the consequences could be devastating if you care about people. The already small force of police, firefighters and EMTs are in danger of future layoffs, that’s only going to make it worse. Roughly 30,000 retired workers are concerned about their pensions. You know, what they’re counting on. Make no mistake, Detroit is exactly what the Republicans want. They outsourced manufacturing jobs, attack unions, cut public services, and this is the result. Now they can wipe the slate clean because now they can start privatizing city assets."