
“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:
Lessons From the World's Most Ruthless Competitor
Edward Snowden: 'The people are still powerless, but now they're aware'
Kerry: Arab countries offered to pay for Syria invasion
Emerging market rout threatens wider global economy
Fmr. NSA chief: ‘Morally arrogant’ Snowden will probably become alcoholic
CIA director fumes over teen who hacked his AOL email account
Bitcoin Mining Rush Means Real Cash for Hardware Makers
Retiring FBI director warns ‘the threat is still here’
America has a nobility problem
Homeland Security Puts Live Video Feeds In Boston Buses
Millions of U.S. license plates tracked and stored – and it’s not just government agencies
California Judge Throws Out Teacher Tenure
Drone owners must register with FAA, starting December 21
Europe's lost generation: Young, educated and unemployed
Obama on prosecuting Edward Snowden: I will leave it up to the Department of Justice