Category: Hamtramck

Petitioning for the right to die: Part 2, birth of a new municipal form?

14 January, 2011 (10:43) | Bankruptcy, Cities, Detroit, Hamtramck, Michigan, Sovereign bankruptcy, US News |

[Continued from yesterday’s Part 1.]   By: David A. Smith   Yesterday’s exploration of sovereign bankruptcy (municipal and state) dealt with the tragic story of insolvent and dying Hamtramck, Michigan, which as shown in this New York Times story, is petitioning to file bankruptcy so that it can cut its legal obligations, of which retiree […]

Petitioning for the right to die: Part 1, death of a town

13 January, 2011 (10:48) | Bankruptcy, Cities, Detroit, Hamtramck, Michigan, Sovereign bankruptcy, US News |

By: David A. Smith   As sovereign bankruptcy – especially municipal and state bankruptcy – becomes ever more imminent, some curious inevitability effects are arising: cities pleading for the right to die and be reborn, and states insisting on keeping them on life support, as revealed in this poignant New York Times tragedy:   Yes, […]