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Tag: Pontiac (page 2)

'Once upon a 7 AM dreary'

By Nick, Section News
Posted on Tue Mar 10, 2009 at 07:49:10 AM EST
Tags: UAW, concessions, Ford, Big 3, Pontiac, Public schools, lay offs, economy, unemployment (all tags)

Its raining outside. Its been raining outside for the last four days now and really, isn't that the way it should be in Michigan these days? Now, yeah, there's the whole "seasons" thing what with the supposed end of winter (I still had a few mounds of snow on my front yard right up until last night) and the beginning of spring. In like a lion and out like a lamb and blah blah blah.

But really isn't it much more likely that the universe understands what we're going through as a state and figured it'd pitch in with the appropriate mood lighting and soundtrack?

Even when there are glimmers that the winter is going to break and that sixty degree days are around the corner, things like the news that the UAW finally agreed to what passes for a concession or two with Ford we're reminded in the next paragraph that there isn't a deal anywhere close to done with GM and Chrysler.

Those "concessions," by the way... they're things like giving up one paid federal holiday, going without a Christmas BONUS at the end of 2009 and suspending annual pay raises.

I don't think I've ever gotten an annual pay raise myself, but that's neither here nor there and I don't begrudge any employee anywhere in the state from getting whatever he or she can for his honest day's work. You can get someone to sign on the dotted line, bully for you.

But memo to Big Labor leadership: Don't lecture the rest of the nation about how rough you've got it at $73.50 an hour when hundreds of thousands of Michigan workers aren't pulling down that much a day. Especially with work hours, pay and benefits being cut everywhere these days, not just in UAW shops.

Places like... well, read on...

(641 words in story) Full Story

Pontiac under takeover!

By Theblogprof, Section News
Posted on Wed Feb 25, 2009 at 01:16:32 PM EST
Tags: budget, Detroit, government, Michigan, Pontiac, stimulus (all tags)

cross-posted at theblogprof

From the freep this morning: State to take over Pontiac's finances.

Signaling the city of Pontiac is on the edge of financial chaos, Gov. Jennifer Granholm has notified the mayor that a state-appointed financial manager will be taking over.

Looks like Pontiac has the condition they caught from a nearby city - Detroitus incompititus. It's a nasty bug too. There are clear symptoms:

But Michigan's Treasury Department during reviews of Pontiac's finances found the city consistently spent more money than came in to city coffers and the mayor and council have not been able to agree on how to resolve the city's budget issues, the governor said.

Plus this:

"The Review Team is somewhat concerned by what it perceives as a lack of urgency on the part of City officials in addressing in a meaningful manner the City's serious financial problem"

Plus this:

City officials could not be reached for comment

Clear symptoms. We'll see what a state in a budget hole due to asimilar strain of overspending can do for a city in a budget hole because of the same. In fact, by extension, we'll see what a broke country can do for a broke state can do for a broke city.

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