A comprehensive look at Michigan’s new(est) Emergency Manager Law, now with STABILITY & CHOICE!
I read this stuff so you don’t have to
A mere 37 days after voters repealed Public Act 4, Michigan’s notorious and anti-democratic Emergency Manager Law, Republican legislators passed a new version to replace it. It was signed into law as Public Act 436 thirteen days later. This defiant thumb-in-the-eye to the will of the voters was even more egregious since it contains two appropriations, one to pay Emergency Managers and another to hire consultants, lawyers, “work-out experts”, and others to implement the law. These appropriations ensure voters won’t have a chance to interfere with the business of our Very Serious GOP legislators on this matter again.
So, what, exactly, is in this new law? Well, for starters, let’s have a look at the title:
“THE LOCAL FINANCIAL STABILITY AND CHOICE ACT”
I’m not kidding. That’s what they call it. It’s surprising they didn’t figure out a way to include the words “FREEDOM” and “INDEPENDENCE” while they were at it. You can read the law HERE (pdf).
All the gory details of this new law after the jump.Read more ›