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It could borrow from its own bank, which would leverage the native government's capital into credit, back that credit with the deposits created by the federal government's own revenues, and return the curiosity to the government as a dividend, following the bottom-breaking model of the state-owned Bank of North Dakota. Interestingly, Lansing Mayor Virg Bernero, Snyder's Democratic opponent within the final gubernatorial race, proposed an answer that fortunejack casino would have avoided both robbing the pensioners or scaring off the bondholders: a state-owned bank. Fine. However it does pose a systemic danger to Main Street, native governments, and the contractual rights of pensioners. Supposedly, the mega-banks pose a systemic threat and Detroit does not. The failure of massive, main banks, two out of the massive three auto firms, the secondary market for housing - all of these pose unacceptably massive dangers to international monetary markets, and thus the global economic system, to a significant business, including its upstream and downstream suppliers, and to the national housing sector.

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