Bring in the EFM!

[Tig3rzhark]

Well, an EFM coudn't be worse than bankruptcy.

[313WX]

Well, an EFM coudn't be worse than bankruptcy.

The pain of a bankruptcy would be the same for Detroiters as would the pain of an EM.

The difference between the two is whether or not Detroiters and its workers must endure all of the pain or will all of the stakeholders [[retirees, Oakland/Macomb County's bond rating, bankers, etc.) share in the pain as well.

Either way, if you think municipal services are bad with Dave "do-nothing like a deer in headlights" Bing at the helm, wait until the EM comes along with its buzzsaw.

[Hermod]

The pain of a bankruptcy would be the same for Detroiters as would the pain of an EM.

The difference between the two is whether or not Detroiters and its workers must endure all of the pain or will all of the stakeholders [[retirees, Oakland/Macomb County's bond rating, bankers, etc.) share in the pain as well.

Either way, if you think municipal services are bad with Dave "do-nothing like a deer in headlights" Bing at the helm, wait until the EM comes along with its buzzsaw.

Maybe if you g=brought in an EFM from Mackinac Center, he would take the slices off the top of the bureaucracy instead of from the line workers at the bottom of the bureaucracy. Get rid of all of the "friends and family" hires made over the years. Throw out the civil service and seniority rules.

[Johnnny5]

Maybe if you g=brought in an EFM from Mackinac Center, he would take the slices off the top of the bureaucracy instead of from the line workers at the bottom of the bureaucracy. Get rid of all of the "friends and family" hires made over the years. Throw out the civil service and seniority rules.

Yeah, because the folks at the "Mackinaw Center" are always looking out for the little guy. LOL!

[nain rouge]

Can Detroit's budget really be balanced? All I see left as an option is cutting the staff of the Water & Sewage Department and privatizing it, and handing some parks off to the state. You could also maybe cut a few police and bring in more state police.

The last, last possibility would be to cut existing pensions. Is that possible? Can you completely take away the pensions of all the white ex-cops living in places like Shelby Township and Rochester Hills?

[corktownyuppie]

The pain of a bankruptcy would be the same for Detroiters as would the pain of an EM.

The difference between the two is whether or not Detroiters and its workers must endure all of the pain or will all of the stakeholders [[retirees, Oakland/Macomb County's bond rating, bankers, etc.) share in the pain as well.

I don't understand that...if the pain for us is going to be the same either way, then what good is causing Oakland/Macomb County to suffer?

I take the opposite strategy...if all else is equal and that EM/Bankruptcy is equal in suffering, then take the one that affects our neighbors the least.

If we're gonna sink, then let's not take everyone down with us. Let's preserve all that we can for ourselves and everyone around us so that when the suffering is done, there will be more available with which we can rebuild.