[net-gold] UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : LIBRETARIANISM : Koch Brothers' Group Tries To Derail Detroit Bankruptcy Deal
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
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- Date: Sat, 31 May 2014 19:19:42 -0400 (EDT)
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UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY :
INDUSTRIES: PETROLEUM :
LIBRETARIANISM :
Koch Brothers' Group Tries To Derail Detroit Bankruptcy Deal
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Koch Brothers' Group Tries To Derail Detroit Bankruptcy Deal
by Sarah Cwiek
May 21, 2014 5:08 AM ET
NPR
http://www.npr.org/2014/05/21/314447854/
koch-brothers-group-tries-to-derail-detroit-bankruptcy-deal
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A shorter URL for the above link:
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http://tinyurl.com/mno86q5
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Michigan lawmakers are debating a big aid package for Detroit, nearly $200
million. The city has been in bankruptcy court for almost a year. And
until now, the state hasn't been willing to help it with anything that
could be called a bailout.
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While Michigan Governor Rick Snyder supports the current deal, many of his
fellow Republicans appear to be balking, especially after a threat of
political retribution from the Koch Brothers political network.
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Michigan Radio's Sarah Cwiek reports.
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snip
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While Republican Governor Rick Snyder backs the grand bargain, some of his
fellow Republicans still see giving Detroit any kind of help to be
political poison.
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And now, the Michigan chapter of an influential conservative group is
warning those Republicans that a yes vote will have consequences.
Americans for Prosperity is the national political action network backed
by industrialist billionaire brothers Charles and David Koch.
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Scott Hagerstrom directs the group's Michigan chapter and says Michigan
has given Detroit too much of its money for decades.
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SCOTT HAGERSTROM: And it hasn't worked. It's enabled bad behavior, and it
needs to stop.
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CWIEK: Hagerstrom argues that Michigan taxpayers shouldn't support the
grand bargain when Detroit is sitting on an estimated $3 billion in city
assets, including its art museum.
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HAGERSTROM: They're in bankruptcy. They need to sell those assets first,
to provide for their retirees, before looking for a handout.
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CWIEK: Hagerstrom says Americans for Prosperity will tap its deep pockets
and activist network to get Republicans this message, if you vote for the
grand bargain, we'll make your life difficult in the next election.
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But despite that, it's not at all clear that Michigan voters outside
Detroit do hate the grand bargain. A poll recently commissioned in part by
Michigan Radio found that nearly half those voters support helping
Detroit.
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And when they learn that money will go to help city pensioners and protect
the museum, support swells to a sizeable majority - even among Republican
voters.
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The complete article may be read at the URL above.
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Sincerely,
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Temple University
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