Gary Brown: Detroit could run out of cash in December, plan must include layoffs

[The Northerner]

With Detroit Mayor Dave Bing preparing to explain the city's fiscal crisis tonight in a rare televised address, Council President Pro Tem Gary Brown says the situation is even worse than anyone has let on.

Bing is expected to discuss a confidential Ernst & Young report obtained by the Detroit Free Press that suggests Detroit could run out of cash by April without steep cuts to staff and public services.

That's a grim prognosis, but according to Brown, the city actually could be unable to make payroll "as early as December."

"I know the report says April, but there are certain risk assumptions that when you take those into consideration, worst case scenario you could run out (of cash) in December," Brown said this morning on WJR-AM 760.

Read more: http://www.mlive.com/news/detroit/index.ssf/2011/11/gary_brown_detroit_could_run_o.html

[Cal Carpenter]

1. The ruling class has bled Detroit dry.

Chewed it up and spit it out. And then left for greener pastures.

I was downtown today at the Occupy Detroit rally and march. Met up with AFSCME and circled the city county bldg for awhile.

http://www.detnews.com/article/20111117/METRO/111170489/1020/Local-union-workers--Occupy-Detroit-protest-city-cuts