@grumpybozo Moreover, this is not a "financial crisis." It is long-term decline, & EMs are powerless to do anything to reverse decline.
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Replying to @emptywheel
@emptywheel Fin. crisis is a result of long-term decline all levels of govt. have failed to deal with but it’s real. EM can do some fixes.1 reply 0 retweets 0 likes -
Replying to @grumpybozo
@grumpybozo Well, you seem to have a very odd understanding of what has happened to our state and what can fix it. But I guess that's easy.2 replies 0 retweets 0 likes -
Replying to @emptywheel
@emptywheel The closest thing to a fix is to deal with the immediate mess & prevent recurrence: removing bad actors, not begging them.(2/2)3 replies 0 retweets 0 likes -
Replying to @grumpybozo
@grumpybozo Moreover, suggestion that you prosecute banks will fix SOME of property tax problem, part exacerbated by banks.1 reply 0 retweets 0 likes -
Replying to @emptywheel
@emptywheel No, that suggestion does nothing because Schuette will NEVER prosecute banks. It would require him to have a sort of integrity.2 replies 0 retweets 0 likes -
Replying to @grumpybozo
@grumpybozo But that's sort of my point. Being complacent abt EM that can't do anything to fix issue just lets the Schuettes off easy.1 reply 0 retweets 0 likes -
Replying to @emptywheel
@emptywheel There are some issues an EM can address, like the still-topheavy D city govt. Also: can probably do Belle Isle deal w/state.1 reply 0 retweets 0 likes -
Replying to @grumpybozo
@grumpybozo And those will fix Detroit's problems ... how? They won't.1 reply 0 retweets 0 likes -
Replying to @emptywheel
@emptywheel Both reduce short/med-term fin. crisis. City must function long enough for a bigger fix (e.g. Wayne unification) to be sold2 replies 0 retweets 0 likes
@grumpybozo Cutting the few middle class jobs left will make the hole bigger, and Belle Isle won't bring in sustainable revenue
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