Mich. Gov. Snyder Declares Financial Emergency In Detroit; Emergency Manager Candidate In Mind

[Purveyor]

Source: Associated Press

DETROIT (AP) -- Gov. Rick Snyder said Friday he has declared a financial emergency in Detroit, a determination that could lead to the appointment of an emergency manager over the city's finances.

Snyder told The Associated Press that his decision on whether to appoint an emergency manager will come after the city's 10-day appeals process. He said Mayor Dave Bing's office already has been notified of a March 12 hearing date.

Snyder said he already has a candidate in mind for the emergency manager position, but declined Friday to released details about that person.

The move was all but guaranteed after a review team reported to Snyder on Feb. 19 that Detroit was in a financial emergency and needed the state's help to emerge from it. A review team first looked into Detroit's books in December 2011, but stopped short of declaring a financial emergency.

Read more: http://www.therepublic.com/view/story/6509aabc8a34416287673f2ce127453b/US--Detroit-Finances-Emergency-Manager

[dixiegrrrrl]

1. Detroit Takeover: Rick Snyder Will Announce State Takeover, Mayor Dave Bing Says

http://www.democraticunderground.com/1014410964

[onehandle]

2. GOP Fascism. Like Wisconsin, Michigan has been reduced to a Banana Republic.

They are working on Pennsylvania.

[Octafish]

3. Gateway Does Detroit

Outsource Style.

Goodbye, Unions!

[SunSeeker]

4. How we can let this happen to one of America's great cities is beyond me.

[amandabeech]

5. It's been having problems for a long time.

Really, it didn't really recover from the '67 riots.

And it is sad.

[annabanana]

8. Dissolving democracy isn't gong to help.

"What Detroit really needs is a dictator"

i don't think so

[amandabeech]

10. Generally, Snyder and his Koch cronies have problems with democracy,

judging by what happened in the legislature after the election. It was a complete travesty.

My suggestion was to name Mayor Dave Bing as the emergency manager. He would be something of an elected dictator.

[hack89]

11. Losing 60 percent of your population in 50 years

while maintaining the same infrastructure is one good way. The city is too large for its population. I don't know how to solve that particular problem but someone will have to in order to stem the bleeding.

[judesedit]

6. After the state bails him out, he'll want the federal government to come save him and his bonuses

[annabanana]

7. So Long Motown!

It's been good to know ya . . . . .

[JNelson6563]

9. "...review team first looked into Detroit's books..."

would be more accurate if it read: "When a review team first assessed Detroit's assets..."

This is a redistribution of wealth alright, from the city of Detroit to the highest bidder.

Can't believe Michiganders are letting thishappen.

Julie

[LuckyTheDog]

12. I wrote about this today for the Detroit News Politics blog

With Governor’s Snyder’s announcement that an emergency manager is on the way, the time for navel-gazing and re-litigating the past is over. It’s time to finally take strong, even radical, action to fix Detroit.

So, what to do now?

I do not pretend to have a magic formula. But I think a new mindset is needed — one that starts with accepting where the city is and a willingness to confront its problems without fear or preconditions. Here are some ideas for where to start:
- First of all, we need to all agree that apocalyptic predictions of ever-worsening doom are not helpful. Of course Detroit’s problems are solvable. It might be hard to solve them. Solving them might require a lot more courage and innovative thinking than we have mustered so far. But Detroit’s predicament was brought about by human beings and can be solved by them.

- See more at: http://blogs.detroitnews.com/politics/2013/03/01/what-detroit-needs-now/#sthash.qSAjuueF.dpuf

[Purveyor]

13. The City Council of Detroit build the nest and now they will have to live in it. They are inept

buffoons if they couldn't see this coming.

No, as much as I detest the EMF's...the governing body of this city had it coming.