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IPFS News Link • Economy - Economics USA

Michigan Republicans seek power to dis-incorporate whole cities, dismiss elected officials

• Rawstory

Republicans in Michigan have come up with a revolutionary solution to the state’s growing budget crisis: claim the right to auction off entire municipal entities, like cities, counties, school districts and water systems.

In a new bill being pushed by Governor Rick Snyder (R), the governor, or a company hired by the governor, would have the power to declare municipal entities insolvent. Amid the fiscal emergency, the governor or the governor’s agent would then be empowered to appoint an emergency manager [Czar] to oversee all financial matters.

 

2 Comments in Response to

Comment by Powell Gammill
Entered on:
Michigan bill would impose "financial martial law"

http://www.cbsnews.com/8301-503544_162-20042299-503544.html

Comment by Chip Saunders
Entered on:

 Now see,...if this just didn't that whole Czar thing, I could like it. If the disolving of a municipality equalled a corresponding elimination of a level of government,...that would be way cool! But somehow, I think this will turn out different.



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