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View Diary: Detroit Files For Bankruptcy… (42 comments)

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  •  This was always going to happen. (6+ / 0-)

    The "Emergency Manager" plan had a perfectly obvious endgame.

    I don't blame Christians. I blame Stupid. Which sadly is a much more popular religion these days.

    by detroitmechworks on Thu Jul 18, 2013 at 05:04:46 PM PDT

    •  If the elected Mayor of Detroit has a problem... (0+ / 0-)

      ..with any of the actions taken by the "Emergency Manager", than that Mayor can propose to reverse them, once the EM has left.

      For example, if the EM decides that the city can save hundreds of millions of dollars by shifting retired city workers into the ACA, the Mayor will have the option of restoring the old health care plan, along with the taxes to pay for it.

      Somehow, I doubt that's going to happen.

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. www.hamiltonproject.org

      by PatriciaVa on Thu Jul 18, 2013 at 05:13:31 PM PDT

      [ Parent ]

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