Detroit declares the largest municipal bankruptcy in history, at a time of record stock market highs. That makes a lot of sense.
Elsewhere in the "good news" column, North Carolina Republicans finally ready their omnibus voter ID bill.
Alexander Burns tries to nudge us along to the "surely Terry McAuliffe will blow it" stage of the Virginia gubernatorial race.
Michael Hirsh explains how Samantha Power became a diplomat, instead of a quotable person.
Azi Payrabah notices that Eliot Spitzer's running a media-first campaign, which ... makes perfect sense, doesn't it?
And Daniel Newhauser gets the respect he deserves.