Panama City, FL

#1 Feb 20, 2013
Learn it, know it, live it!!!

Livonia, MI

#2 Feb 20, 2013
Andy Dillon says "It's fixable" and he doesn't see any reduction in wages for city workers including police and fire. That sound rather rosy doesn't it.

The secret is in some technicalities. Under the emergency conditions and rules, there are some procedures that allow the city to unload as much as 85% of their legacy costs. This amounts to billions of dollars. Take that debt away and the city becomes much more manageable. Those legacy costs are there for a reason. They represent people who expected certain benefits and won't get them. Some people are going to be unhappy with this.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

River Rouge Discussions

Title Updated Last By Comments
Another lawsuit 1 hr WATCHING LIVONIA 3
News Detroit teen charged in Livonia home invasion 2 hr WATCHING LIVONIA 1
News CNN show tells stories of Arab, Muslim American... 12 hr Rabby the trans 7
News The 25 Most Dangerous Cities in the U.S. Are Mo... (Nov '10) 22 hr bayonne nj 21,037
Review: Alexis Realty Solutions LLC (Jul '09) Mon StayAway 11
Vikings anywhere?? May 20 Steve 1
We need high speed trains! May 19 ThomasA 14

River Rouge Jobs

More from around the web

Personal Finance

River Rouge Mortgages