The emergency financial manager approach is clearly just too fraught with politics and brinksmanship and the governor and the legislature (both past and present) simply lack the fortitude to stand up to the charges of undemocratic meddling in local affairs and racism and act for the common good. Lansing should just let Detroit go under.
Sooner or later these cities are going to have to face reality and see what they're in for when they don't pay their bills. When creditors, pensioners, employees, et. al. don't receive payment these cities will then end up in federally run Bankruptcy Courts like it or not. Being tenured federal judges the bankruptcy courts can then sort it all out without all the politics and drama of Michigan's EFM process.
Sooner or later these cities are going to have to face reality and see what they're in for when they don't pay their bills. When creditors, pensioners, employees, et. al. don't receive payment these cities will then end up in federally run Bankruptcy Courts like it or not. Being tenured federal judges the bankruptcy courts can then sort it all out without all the politics and drama of Michigan's EFM process.
