The City of Detroit is in ruins. They are $18 billion in debt and about to declare bankruptcy. Here's a modest two step proposal to help save the city.
First - much of the debt is caused by retiree benefits granted via overly generous union contracts. The City would like to cut these benefits. The union members obviously don't want these benefits cut. Simple solution - tell the retirees if they live within the City limits then their benefits stay the same. If they live outside the City limits then their benefits get cut by 33 percent. Simple. The City is hemorrhaging people - make the people the City has to pay anyway live there.
Secondly, the US government owns a big chunk of General Motors. We will never see full value for the money we pumped into them and if we try to sell our stock it will just force down the stock price. Here's what I suggest - the government forgives all debt in exchange GM gives us their beautiful headquarters. We then tell the United Nations they have to move to Detroit. We give GM three years to move out and the UN three years to move in.
Bingo-bango! We then take the UN's upper Eastside property via eminent domain and sell it. The proceeds go directly to reducing the national debt (drop in the bucket but every little bit helps).