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Reaction to Detroit’s bankruptcy filing around Michigan

From The Detroit News

By Jennifer Chambers 

July 18, 2013 


“I’m making this tough decision so the people of Detroit will have the basic services they deserve and so we can start to put Detroit on a solid financial footing that will allow it to grow and prosper in the future.”

– Rick Snyder, Governor of Michigan

“Bankruptcy is the bold step needed to finally address Detroit’s financial problems in a meaningful and sustainable way. While nobody welcomes the concept of bankruptcy, it is necessary to solve the long-term structural financial challenges of this historic city. This decision puts the city on a path to achieve its most essential function – providing Detroiters the services they deserve – and sets the stage for a growing, vibrant Detroit. The private sector is thriving and businesses continue to invest in Detroit. Addressing Detroit’s financial instability is the final barrier to robust growth.”

– Sandy K. Baruah, Detroit Regional Chamber President and CEO

“I had hoped it wouldn’t come to bankruptcy, but clearly the decades of promises that could not be afforded meant this action could not be avoided. Now that the city has filed for bankruptcy, I hope it’s a major step forward in Detroit’s recovery and that a focus is maintained on retaining critical services for the city’s residents. I encourage all of those involved to work together to quickly move this process forward and achieve Detroit’s financial healing.For our state to succeed, we need our largest city to succeed. A vibrant and healthy Detroit — economically, financially and socially — is vital for the well-being of our state as a whole.”

– Jase Bolger, Speaker of the Michigan House

“Detroit has been kicking the can of their fiscal problems down the road for decades and has been hurt desperately by fiscal mismanagement and public corruption. It is now clear that the City has come to the end of the road making the bankruptcy filing the only path forward. I applaud the Governor for his courage to appoint the Emergency Financial Manager and Kevyn Orr for his steadfast efforts to find equitable settlements with the City’s creditors. If the work Kevyn Orr did in helping Chrysler through bankruptcy is any guide, then the citizens of Detroit can expect that a stronger Detroit will come out on the other side.”

– Candice Miller, U.S. Representative

“This bankruptcy is unfortunate but was predictable. The hole was too deep, and now a lot of good people who were not involved with the bad decisions will now have to pay the price.”

– L. Brooks Patterson, Oakland County Executive

“It’s B-Day in the D #Bankruptcy #Detroit.”

– Karen Dumas, former communications aide for Mayor Dave Bing

“As Chapter 9 bankruptcy looms #Detroit should view this not with fear but as opportunity to effect needed, fundamental change.”

– Ken Cockrel Jr., Detroit City Council

“Like so many with deep roots in this city, the Detroit Institute of Arts (DIA) is disappointed that the Emergency Manager determined it was necessary to file for bankruptcy. As a municipal bankruptcy of this size is unprecedented, the DIA will continue to carefully monitor the situation, fully confident that the emergency manager, the governor and the courts will act in the best interest of the City, the public and the museum. We remain committed to our position that the Detroit Institute of Arts and the City of Detroit hold the DIA’s collection in trust for the public and we stand by our charge to preserve and protect the cultural heritage of all Michigan residents.”

– Statement issued by the Detroit Institute of Arts

“It makes us the largest American city to ever experience it; which means that we are truly in uncharted territory.”

– Benny N. Napoleon, Detroit mayoral candidate

“I would have liked to have seen a more aggressive pursuit of other options before knocking on the most draconian action you could take,” Ficano said. “(But) you bring in a bankruptcy expert. That started putting the handwriting on the wall.”

– Robert Ficano, Wayne County Executive

“While it’s arguable that this bankruptcy may be necessary, it’s certainly not a solution. It doesn’t change the fundamental problem of a shrinking population and tax base, or a municipal finance system that fails to recognize the realities of the twenty-first century. While you can dissolve a corporation through bankruptcy, you cannot simply ‘dissolve’ a place where hundreds of thousands of people live, work and raise their families.

– Congressman Dan Kildee