DETROIT - After months of speculation and wondering when the hammer will fall, the hammer has finally fallen on the once proud city of Detroit.
The city has had to file for bankruptcy due to the fact that the Detroit City Fund only has $13.53 in the till.
Los Angeles Mayor Eric Garcetti has said that his city is in pretty bad shape itself, but he is willing to lend the city of Detroit $7,000.
Mayor Garcetti suggested to Detroit Mayor Dave Bing that perhaps he can implement a 15¢ tax on hot dogs at the city's sports venues of the four professional teams, the Tigers, Lions, Pistons, and Red Wings.
The highly reputable Amalgamated Data Gathering Agency which is based in Chicago has stated that amazingly the city's four professional teams are doing very well.
ADGA attributes this to the fact that most of the fans who attend these games have jobs and are from the neighboring towns of Ann Arbor, Flint, Lansing, and even from Windsor, Canada.
The mayor has stated that their is one possible bright spot on the horizon. He said that he received a phone call from the Chinese Foreign Minister Kong Hong Liebowitz saying that the Republic of China may be interested in purchasing the city.
SIDENOTE: According to Mayor Bing, if Detroit is sold to China, things will remain pretty much the same, except that all traffic signs, street signs, and advertisements will be both in English and in Chinese.