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Kevyn Orr: Detroit Is In Worse Shape Than I Thought
CBS Local ^ | May 8, 2013 | Vickie Thomas

Posted on 05/09/2013 1:18:48 PM PDT by rightwingintelligentsia

DETROIT (WWJ) - Detroit’s emergency manager says the city is bleeding much more red ink than originally thought. That’s what Kevyn Orr told WWJ City Beat Reporter Vickie Thomas in an exclusive one-on-one interview.

“The situation is severe,” Orr said. “It’s worse that we originally thought. It ain’t good.”

With just 39 days under his belt, Orr is already putting the final touches on a draft of his 40-plus page financial report, which must be submitted to the state on Monday.

“I’ve been spending virtually every day from March 25 when I got here, looking at the city’s financials. This is an emergency. I’ve got 16 and three-quarters months to deal with it,” he said. “This is truly a financial emergency and we need to move with speed because frankly, we can’t be here in the same position next year.”

(Excerpt) Read more at detroit.cbslocal.com ...


TOPICS: News/Current Events; US: Michigan
KEYWORDS: bankrupt; detroit; pensions; unions
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To: fhayek

There’s some evidence that urban areas, particularly those populated during the industrial revolution are naturally liberal. I suspect that it’s the nature of dense living.

Rats become very antisocial at a limited density. Humans seem to as well and they demand more government to control their pesky neighbors. Hence, big cities, big government becomes a natural outgrowth.

Yet, cities construe great benefits of scale and so people move there. Zoning and building codes exacerbate the problem. What’s the geographical solution?


21 posted on 05/10/2013 4:38:30 AM PDT by 1010RD (First, Do No Harm)
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To: Vince Ferrer

That constipated drone held my attention for about 6 seconds - he definitely needs a bowel movement.


22 posted on 05/10/2013 7:06:45 AM PDT by shove_it (long ago Orwell, Huxley and Rand warned us about 0bama's USA)
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