The fallout from Detroit's bankruptcy; John Kerry's Middle East diplomacy; and remembering Helen Thomas

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(FILE PHOTO) Senior White House Correspondent Helen Thomas reads the newspaper while sitting in her chair in the White House press room August 2, 2006 in Washington, DC.

Kerry Nolan talks with New York Times chief Washington correspondent David Sanger about whether Detroit's bankruptcy sets a dangerous precedent for municipal workers. He'll also take a look at Secretary of State John Kerry's attempts to restart Middle East peace talks and he remembers White House reporter Helen Thomas, who covered every president since JFK.