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Opinions Mixed As State Takeover Looms In Detroit
CBS Detroit (local affliate) ^ | 3-1-2013

Posted on 03/02/2013 1:19:41 PM PST by Sir Napsalot

.... Also among those who oppose the EFM (emergency financial manager) move is U.S. Congressman Gary Peters, who said he’s “deeply disappointed” in the governor’s decision.

“All of us agree that the city has serious financial challenges which must be addressed, however I fundamentally disagree with taking measures that disenfranchise the families I represent in Detroit,” Peters said, in a statement. .....

Said (mayor) Bing on Friday, “The governor has made his decision, and it was his decision alone to make. While I respect it, I have said all along that I do not favor an emergency Manager for the City of Detroit. I will look at the impact of the Governor’s decision as well as other options, to determine my next course of action.” (Read his complete statement here).

Former city council member Sheila Cockrel said she realizes it’s a tough pill to swallow, but she believes an emergency financial manager is a necessity for Detroit.

Cockrel said a financial manager can do the job without the same constraints as local elected officials. However, she said an EFM can’t do it alone.

(Excerpt) Read more at detroit.cbslocal.com ...


TOPICS: News/Current Events; US: Michigan
KEYWORDS:
"City Leaders" had a plan, according to source.

If I rememeber, it is calling on Obama to pay back the debt that Detroit got Obama elected.

1 posted on 03/02/2013 1:19:45 PM PST by Sir Napsalot
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To: Sir Napsalot
Detroit got Obama elected.

Yep, Detroitistan.

2 posted on 03/02/2013 1:23:27 PM PST by Texas Fossil
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To: Sir Napsalot

Liberal policy makers “windmilling” over failed liberal policies. Does it get any better than this?


3 posted on 03/02/2013 1:25:29 PM PST by Fireone (Impeach and imprison, NOW! Treason and murder are still crimes.)
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To: Sir Napsalot

Unless the EFM (emergency financial manager) can tear up ALL the public union contracts and make the insane public union pension plans null/void...

There is no saving Detroit.


4 posted on 03/02/2013 1:28:38 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: Sir Napsalot

All they need to do is raise taxes on the rich and their problems are solved. /s


5 posted on 03/02/2013 1:33:36 PM PST by NJRighty (I need a new tag line)
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To: Sir Napsalot
If I rememeber, it is calling on Obama to pay back the debt that Detroit got Obama elected.

And Obama screwed them leaving republicans to make the deals that are bringing private money to Detroit.
6 posted on 03/02/2013 1:34:19 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Sir Napsalot
You can't mean this Detroit!

Why, it's the pride of America. It's where Chryslers are made.

7 posted on 03/02/2013 1:40:31 PM PST by Aevery_Freeman (They say "Right Wing" but they mean "Wrong Wing"!)
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To: 2banana
>>> There is no saving Detroit.

You are absolutely right.

“The review team found Detroit’s cash-flow deficit is nearly $100 million. That’s on top of an accumulated deficit of $327 million. The city also has $14.9 billion worth of unfunded pension and employment retirement liabilities, according to the review team report. In five years, it needs $1.9 billion to begin making payments on the debt.”

The same situation no doubt repeated (repeating) elsewhere, Philly, Chicago being one of those.

8 posted on 03/02/2013 2:05:46 PM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Sir Napsalot
Why in the world does the governor want to take over the financial management of Detroit?!

That's like wishing for a root canal!

9 posted on 03/02/2013 2:11:28 PM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: Sir Napsalot

Humm...freeze union pay and benefits...police and fireman go on strike.. just let the natives burn it down...bulldoze whatever is still standing...

Sell it by the quarter acre. ...start again...

Union thugs start at 7.25 per hour...


10 posted on 03/02/2013 2:11:44 PM PST by Popman
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To: NJRighty

“All they need to do is raise taxes on the rich and their problems are solved. /s”

(If any)


11 posted on 03/02/2013 2:11:50 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: Aevery_Freeman
it's the pride of America. It's where Chryslers are made.

Home of the 440 cubic inch engine...

-Elwood Blues

12 posted on 03/02/2013 2:13:57 PM PST by ROCKLOBSTER (Hey RATS! Control your murdering freaks.)
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To: cripplecreek

The taxpayers of Michigan outside of Detroit must just love having to pay for this.


13 posted on 03/02/2013 2:20:35 PM PST by fanfan ("If Muslim kids were asked to go to church on Sunday and take Holy Communion there would be war.")
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To: fanfan

Who do you think has been paying for it?


14 posted on 03/02/2013 2:27:11 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Squawk 8888

Canada’s busiest border ping.


15 posted on 03/02/2013 2:27:21 PM PST by fanfan ("If Muslim kids were asked to go to church on Sunday and take Holy Communion there would be war.")
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To: Sir Napsalot
Said (mayor) Bing on Friday, “The governor has made his decision, and it was his decision alone to make. While I respect it, I have said all along that I do not favor an emergency Manager for the City of Detroit.

Does this mean the incompetents who ran the place into the ground would 'just prefer cash'? How charming.

16 posted on 03/02/2013 2:36:31 PM PST by GOPJ (To be free is to own one's risk - Jonathan Levy)
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To: cripplecreek
Who do you think has been paying for it?

I know, but now more of them know.

17 posted on 03/02/2013 3:03:05 PM PST by fanfan ("If Muslim kids were asked to go to church on Sunday and take Holy Communion there would be war.")
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To: cripplecreek; Clive; exg; Alberta's Child; albertabound; AntiKev; backhoe; Byron_the_Aussie; ...
Thanks fanfan.

To all- please ping me to Canadian topics.

Canada Ping!

18 posted on 03/02/2013 3:20:00 PM PST by Squawk 8888 (True North- Strong Leader, Strong Dollar, Strong and Free!)
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To: Sir Napsalot

What’s needed is a ban on deficit spending. Borrowing can only be justified for capital projects where the asset outlasts the term of the loan.

FWIW up here it’s illegal for cities to run deficits.


19 posted on 03/02/2013 3:23:52 PM PST by Squawk 8888 (True North- Strong Leader, Strong Dollar, Strong and Free!)
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To: Squawk 8888

New bridge info.

http://partnershipborderstudy.com/index.asp


20 posted on 03/02/2013 3:33:01 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Sir Napsalot
Heh. It's always the same.

When Buffalo was put under the control of a state financial control board, the usual lefties whined, too. But it worked. Well, I mean, these things can't do miracles.

People are still leaving the city in droves, but the budget's balanced. That's progress.

21 posted on 03/02/2013 3:40:23 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment. -Ludwig von Mises)
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To: Sir Napsalot

What caused this problem? Does this plan keep it from happening again? If you knowingly keep voting crooks into office, shouldn’t you suffer some kind of correction? If they take outside money, then they lose their voting privileges.


22 posted on 03/02/2013 5:20:29 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Fireone

Send in the troops—establish martial law and an 8 pm curfew! Investigate all corruption, hang the worst offenders. Search every house for drugs and illegal guns. Make it safe again for kids and old folks even if the gangs must be stamped out like vermin. Control must be established by any means possible.


23 posted on 03/02/2013 8:30:57 PM PST by Forward the Light Brigade (Into the Jaws of H*ll)
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To: Popman

“just let the natives burn it down...”

Detroiters always had a uncanny ability to burn all kinds of things. My personal favorite was scouting out all of the discarded Christmas trees, standing em up in a snow bank, and,voila, let there be light.


24 posted on 03/03/2013 2:07:19 AM PST by Artie (We are surrounded by MORONS)
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To: Forward the Light Brigade

Good plan. Suspend habeus corpus, break those doors down, suspend rule of law. Yeah, that’s it, a plan Akbar Hussein Mao-Bama would love.


25 posted on 03/03/2013 2:28:39 AM PST by RushLake (Why do people have to be compelled by law to join the "democratic" goonion?)
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To: fanfan

Why MI taxpayers outside of Detroit should be willing to “give back” or be otherwise concerned...To quote a longtime local TV news anchor, “After all, we’re ALL Detroiters.”


26 posted on 03/05/2013 4:36:24 AM PST by RedBallJet
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