a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by b_b




kleinbl00  ·  4580 days ago  ·  link  ·  

That article explains a lot. You guys can't file for bankruptcy until an emergency manager has been appointed. SO in other words, this is just a move that would allow Detroit to file.

b_b  ·  4580 days ago  ·  link  ·  

One would think that hiring a bankruptcy lawyer for the job means that this is exactly what they have in mind. Doesn't seem like an ideal solution, but desperate times call for desperate measures. The mayor has come up with a few plans to consolidate and reorganize, but he was opposed at every turn by the council, most of whom don't appear to hold governance as part of their job description. We're getting our comeuppance for this. Unfortunately, its unfair to punish the governed for the mistakes of the governors, but life a fuckin' fair.