City Of Detroit On Verge Of Going Broke

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DETROIT – The clock is ticking on the Motor City.

The City of Detroit is on the verge of going broke in 10 days unless Mayor Dave Bing can figure out a way to fix a $300 million deficit.

Bing set Oct. 1 as the deadline to get the city’s financial crisis under control or the city could fall into receivership. People are being laid off. Bus routes are being discontinued. Schools are closing. City employees – including public school teachers – say they fear for their jobs.

And to make matters worse, in a city where crime is spiraling out of control, even Detroit’s top cops are getting mugged.

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Last weekend, one of Detroit’s deputy police chief’s was robbed of $300 – at gunpoint. Deputy Chief Herbert Moreland was off duty and robbed outside of his car around 3 a.m., said spokesman John Roach.

“At some point the deputy chief struggled with the suspect, and the deputy chief had his departmental-issued weapon with him and fired several shots at the suspect, who fled,” Roach said.

How bad is the situation in Detroit when the city’s cops are getting jacked?

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Residents are understandably nervous when police, who are sworn to protect the citizens, can barely protect themselves.

In an odd example of how out-of-control the city’s motorists have become, the city has posted large signs on most major highways and roadways that say “Killing/Injuring” city workers on the road is punishable by a $7,500 fine and 15 years in prison.

Driving through parts of Detroit is a painful reminder of just how the economic crisis has devastated this city. Blocks of buildings are boarded up or gutted. The city has more than 80,000 abandoned buildings, which leads the nation.

Click here to read more.

[SOURCE: Black America Web]

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