Sunday, March 3, 2013

Video: Detroit debt may fall under state control



>>> there's a sat update out of detroit tonight. michigan's governor said today, unless the city makes a sudden financial turn-around, he'll appoint an emergency manager to take control. detroit would then become the largest city in the u.s. to have its finances under state control. the mayor has ten days to appeal the decision. this is also controversial because if it happens, it will mean almost half of the african-american population in michigan will then live under places where local funding is controlled by the state government .

Source: http://www.nbcnews.com/video/nightly-news/51013065/

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