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Re: Gov. Rick Snyder of Michigan Declares Fiscal Emergency in Detroit

By: ribit in FFFT | Recommend this post (0)
Sat, 02 Mar 13 4:45 AM | 62 view(s)
Boardmark this board | Food For Further Thought 		Msg. 50544 of 65535
(This msg. is a reply to 50535 by clo)
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clo
Gov. Rick Snyder of Michigan announced on Friday that the city of Detroit is so snarled in financial woes that the state must appoint an emergency manager to lead it out of disaster.

...moses couldn't let em out of the mess they are in.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Gov. Rick Snyder of Michigan Declares Fiscal Emergency in Detroit
By: clo in FFFT
Sat, 02 Mar 13 2:54 AM 		Msg. 50535 of 65535

Gov. Rick Snyder of Michigan Declares Fiscal Emergency in Detroit

Gov. Rick Snyder of Michigan announced on Friday that the city of Detroit is so snarled in financial woes that the state must appoint an emergency manager to lead it out of disaster.

“It’s time to say we should stop going downhill,” Mr. Snyder told Detroiters in a town-hall-style meeting that was broadcast live on local television stations across the city.
He later added, “Today is a day to call all hands on deck.”

The state-appointed manager, who could be selected later this month, would ultimately wield powers aimed at swiftly turning around the municipal government’s dire circumstances — powers to cut city spending, change contracts with labor unions, merge or eliminate city departments, urge the sale of city assets and even, if all else failed, to recommend bankruptcy proceedings.

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http://www.nytimes.com/2013/03/02/us/michigan-appoints-emergency-manager-for-detroit.html?emc=na

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