Showing posts with label Financial Manager. Show all posts
Showing posts with label Financial Manager. Show all posts

Friday, April 29, 2011

Financial Martial Law in Michigan - BusinessWeek

Financial Martial Law in Michigan - BusinessWeek

Posted on Michigan Stands for Democracy by | Diane Hebert

EFM,Our Loss= A business Opportunity for Investors,unless we can stop it.
http://www.businessweek.com/magazine/content/11_19/b4227004622477_page_2.htm

A new law speeds the takeover of financially ailing towns and cities by state-appointed emergency managers. Full Article | BusinessWeek

Friday, April 22, 2011

What Is Wisconsin Governor Scott Walker Not Telling Us About Financial Stress Test Legislation? - Rick Ungar - The Policy Page - Forbes


What Is Wisconsin Governor Scott Walker Not Telling Us About Financial Stress Test Legislation? - Rick Ungar - The Policy Page - Forbes



“Walker went on to very clearly state that nobody on his staff nor in his administration was involved in planning any legislation that would mimic the Michigan law or do anything suggested in my post…This led me to consider that while Walker may have been technically correct in the wording of his denial – because there may or may not be a member of the Governor’s staff or administration who is dealing with these issues – that involvement could be happening somewhere else, such as in the legislative branch or in the private sector...While the GMC will tell us that it is as they say it is, I find the explanation painfully difficult to believe. I suspect that any rationally inquisitive individual with an interest in the topic might also come to the conclusion that there is more to this than what is being explained."READ MORE HERE | Rick Ungar | The Policy Page | Forbes


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Thursday, April 21, 2011

The connection between Michigan's EFM power grab, Rep. Fred Upton and Big Oil/Gas

The connection between Michigan's EFM power grab, Rep. Fred Upton and Big Oil/Gas

Posted on Michigan Stands for Democracy | Facebook Page | Susan Masten

Wow....
So, based on some tips from folks who have contacted me about my blogging the Big Government TakeoverTM of Benton Harbor by Rick Snyder's Emergency Financial Manager, Joseph Harris, I've been doing some digging into the development known as Harbor Shores. I have found an amazingly tangled web that...See Full Article

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About Heartland Revolution
We are dedicated to shutting down right wing political cash machines that taint our process with the politics of fear.
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Our democracy is being hijacked by anonymous money-changers seeking to further a right wing ideology designed to suppress blue-collar America while further enriching the wealthiest interests. We are committed to combating this in every corner of the country.



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Saturday, April 16, 2011

Daily Kos: UPDATED - And so it begins. Emergency Financial Mgr. fires entire government of Benton Harbor, MI.

Daily Kos: UPDATED - And so it begins. Emergency Financial Mgr. fires entire government of Benton Harbor, MI.

"As you probably know, Michigan Governor Rick Snyder recently signed legislation passed by the Republican-dominated House and Senate that gives State-appointed Emergency Financial Managers (EFMs) historically broad and sweeping powers. These new powers allow the EFM to cancel or modify contracts (including with unions) and even to fire the municipality's government.

Today, for the first time, an EFM did just that. According to a press release from the Michigan AFL-CIO, Joseph L. Harris, EFM for Benton Harbor, Michigan issued "an order prohibiting all action by all city boards, commissions, authorities and other entities, except as authorized by the emergency manager." Full Article Here | Daily Kos