The Detroit Free Press, in an editorial yesterday, suggested that maybe, now that predominantly white cities, like Allen Park, are beginning to stagger toward financial collapse, and state takeover, our elected officials in Lansing might be willing to look at the underlying structural issues which are pushing our communities, one after the other, toward catastrophic […]
Tag Archives: budget deficit
White people, seeing Emergency Managers in their future, begin to demand change
Mayor Paul Schreiber on Ypsilanti’s budget options
Continuing our discussion of a few days ago about Ypsilanti’s dire financial circumstances, I thought that I’d share this op-ed from today’s AnnArbor.com, in which our Mayor lays out the options before us as he sees them. The city of Ypsilanti is at a fiscal crossroads and must replace lost tax revenues to survive. Falling […]
What we should be doing instead of slashing federal spending via Super Committee
It pains me admit it, but sometimes the readers of this site do a better job of expressing what I’d like to say that I do. In those instances, I feel obligated to share what they’ve written here, on the front page. At other times, I just post their ramblings up here because I’d rather […]
Warren Buffett calls for shared sacrifice from the rich; Obama agrees, but will the Super Committee of 12
It’s not exactly breaking news, as billionaire Warren Buffett has been saying for years that the wealthy need to pay more in taxes, but it seems as though this time a few important people, including the President, are paying attention. The following clip comes from Buffett’s op-ed in today’s New York Times: Our leaders have […]