| Two links, one from Jeff Wattrick and the other from Nancy Kaffer, for everyone who thinks that Detroit's financial emergency just appeared out of thin air, prompted by Lansing Republicans. Sayeth Kaffer: Now, Detroit's biggest problems -- population decline and disinvestment -- didn't start with Kilpatrick. But they all got a lot worse after Kilpatrick took office in 2002. When Detroit ran deficits Kilpatrick's M.O. was simple: Issue debt to pay down the deficit (yeah, it doesn't make sense to me, either), and craft budgets that were marvels of wishful thinking, filled with "if-come" savings or revenues that never materialized. And when the budget came up short (which is easier to conceal if, like Kilpatrick, you never file your state-required year-end audits on time), issue more debt.
Bottom line: Corruption and incompetence go hand in hand. When you have years of corrupt leadership, you wind up with financial emergencies. |