Detroit facing hostile takeover by state of Michigan

Detroit facing hostile takeover by state of Michigan. Gov. Rick Snyder is reviewing Detroit’s finances, the first step toward a state takeover. If he deems it necessary, he could appoint a manager to run the city who would have
virtually unlimited power to do whatever it took to fix Detroit’s finances. It’s like having a deficit super committee that actually was a deficit super committee.

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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