As Detroit goes…

The municipality of Detroit Michigan is swimming in 14 billion dollars (yes, with a “b”) of red ink.

James McTevia, president of a Michigan-based firm that specializes in turnaround management, said an emergency manager could halt the city’s borrowing, freeze debt and restructure finances, including voiding contracts.

The checkbook needs to be taken from the politicians,” he said.

And this was an idea not thought of 14 billion dollars ago, no doubt.

When the size of public services like emergency, fire and police diminish down to practically nothing watch what happens. The “Survivor” television show won’t be shot with film on a remote island, but guns in Detroit.

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About elmoshangnaster

The name's a dodge simply because 1) on the internet I can be whomever I choose, and 2) I'm just paranoid enough to keep scoundrels and government out of my business and don't care to sort 'em out from the decent folk. My blog, my opinions. Don't like 'em? Sure, kindly tell me about your far-fetched, idiotic beliefs...kindly. In the end we'll neither of us change the others mind, but I will take the time to read your arguments if they're thought out in a rational fashion and not full of hyperbole. I'm a Christian human being. It's not a flavor or color preference, it's who and what I am. Don't like it? The above considerations apply. I'm not about to waste anyone's time or mine shoving Christianity down their gullet if they demonstrate even the least resistance. When someone's ready to hear I'm only too glad to share. The Gravatar? It's Jenny Lake in the Tetons near Jackson, WY. If God had a house that's where it would be.

Posted on 02/20/2013, in Government, Politics, Society. Bookmark the permalink. Leave a comment.

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