Museum Yard Sale? Detroit’s Deficit & Denial

 ”How much for the Picasso with the grumpy old lady?” “$4 million.” “Would you take two?” “Umm.  Let me ask my wife.” The painting reminds me so much of an estate sale my wife and I dropped in on in Bloomfield Hills.  It was a fabulous house with riches galore–all at marked down prices.  The Coach handbags, for example, were only $250 for crying out loud. And there, in the dining room, in the corner glaring at us vultures, was the owner.  I’m not sure where her husband was.  We concocted all kinds of scenarios involving some Ponzi-schemer now in prison and his better-half needing to pay the legal expenses.  But she was bitter and her wine glass was re-filled twice before we left the place. Yesterday, a Michigan State Senate committee passed a bill that would protect the Detroit Institute of Arts fabulous collection from being sold to help… Read More…