Sunday, September 30, 2012

Fate of emergency manager law now up to voters | City of Detroit | Detroit Free Press | freep.com

Fate of emergency manager law now up to voters | City of Detroit | Detroit Free Press | freep.com

 "Eventually, there comes a point where the city is going to go over the cliff, and something has to be done," said Fred Leeb, a financial consultant based in Oakland County who was the emergency manager of Pontiac in 2009-10 under Public Act 72. "You can't go on spending more money than you take in ... using smoke and mirrors to pretend the problem will go away."

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