Tuesday, June 28, 2011

The Heartland’s Financial Distress Dictatorship: Decaying Michigan Town on Verge of Democratic Collapse

Benton Harbor is one of approximately 100 towns in Michigan on the verge of fiscal collapse. Now economic desperation is bringing with it a sort of financial martial law. In light of Benton Harbor’s predicament Michigan lawmakers have opted for an extreme measure which gives unilateral authority to “emergency financial managers”. EMFs have complete authority to fire elected officials, close schools, void union contracts and even sell public property. READ MORE...

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