Detail Nowhere to Run; Detroit Nears Bankruptcy   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8763 (Dec. 2011), page 38. Topik: Recessions; Municipal Government; State Government Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.69 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel On December 6th Michigan took the first legal steps towards a state takeover of Detroit. If it happens, it will be the largest American city to be taken over by a state. The problem has been building for decades. The effects of the recession, particularly severe in Michigan, have provided the trigger for the crisis. Detroit's mayor, Dave Bing, now says the city will run out of cash in April 2012. Failing to fix the problem, he adds, means losing "the ability to control our own destiny". This is a reference to legislation known as Public Act 4 (PA4), which allows the state to appoint an emergency manager for failing local governments and school districts. When an emergency manager is appointed, the authority of elected officials is suspended and the manager assumes control of public contracts, city assets, staff, pay and benefits. On December 1st the governor appointed an emergency manager to the city of Flint. In Detroit resentment is growing over the start, on December 6th, of a 30-day preliminary financial review which may lead to a takeover that the city says it does not need or want. Yet while Mr Bing has denounced the state's actions, they may help him swing the deal he needs to save his city. If the unions refuse, they know the alternative will be worse. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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