Sunday, June 10, 2012

Detroit faces a choice between acceptance of reality and suicidal defiance

Stephen Henderson: Detroit faces a choice between acceptance of reality and suicidal defiance | Detroit Free Press | freep.com
Swallow your pride -- or choke on it.
That's what Detroit is down to in its operatic arc of financial tragedy: a final choice between acceptance of reality and suicidal defiance.
The city's elected officials can let their rogue corporation counsel, Krystal Crittendon, force payless paydays or worse with her quixotically loopy attempt to undo the consent agreement with the state to better manage Detroit's finances.
Or they can act like grown-ups and accept, with just a modicum of humility, that it is their responsibility to determine Detroit's fate, not Crittendon's.
 They can order her to stand down, so that other agreements between the city and state (including one worth an immediate $80 million to the city) can go forward.

You'd think there would be no question about the right choice.
But this is Detroit.
So there was City Council President Charles Pugh on Friday, saying he's fine with Crittendon going ahead with her challenge to the consent agreement and with waiting until a judge rules.
As for Chief Financial Officer Jack Martin's prognosis that the city could bounce paychecks as early as this week?
Pugh said it's likely a bluff, an overstatement of the city's condition.

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