
“Michigan Governor Rick Snyder tapped a restructuring expert who helped successfully steer Chrysler through a government-backed bankruptcy to lead a state takeover of Detroit. The move by a white, Republican governor to take control of a predominantly black and Democratic city has drawn intense criticism and charges of racism. The choice of Kevyn Orr, an African American and Democrat who grew up in Michigan, should help stem some of that criticism. Emergency managers have the power to eliminate entire departments, change labor contracts, sell city assets and rewrite laws without any public review or input.”
Related posts:
Some Alaskans bet on Bitcoin virtual currency
Gun Makers Now Refusing To Sell Arms To Law Enforcement In New York & Other States
Oliver Stone on NSA Spying
Members Of LAPD SWAT Team Caught Selling Department Guns
Solar power to trump shale, helped by US military
Kindergartener Suspended Over Mohawk Hairstyle
China Backs US Startup Coinbase And US Falls Behind In Virtual Currencies
CIA document from 1983 indicates Israel built chemical weapons stockpile
Gold Lures Japan’s Pension Funds as Abe Targets Inflation
How to Fix the Gas Shortage: Let ’em Gouge
Swiss banks agree to U.S. plan on tax evasion
As haze clears, are American opinions on marijuana reaching tipping point?
Gibson Is Off the Feds' Hook. Who's Next?
Botched circumcisions during initiation ritual kill 30 in South Africa
Egyptian military court jails 51 members of the Muslim Brotherhood