Quote(s) of the day: Forecasting bankruptcy, higher healthcare costs

Predictions offered by Ed Lane, publisher of The Lane Report: Government:“Watch for prepackaged bankruptcies for cities, counties and states unable to pay contractual obligations for employees'[sic] pensions and healthcare. The trend could start in California, Michigan, New Jersey or New York.” Automotive: “Higher U.S. automotive sales will boost employment at Kentucky’s manufacturing and assembly plans…