Is Flint facing another takeover by the state?
A municipal bankruptcy?
How is payroll going to be met tomorrow for city employees?
Speculation is rampant this week after the state put the brakes on the city's request to borrow $20 million to cover its deficits.
Without the loan, the city will have only about a half- million dollars in cash on hand. That's not nearly enough to meet payroll expenses of $1.5 million to $2 million every two weeks.
Good old downtown Flint, with a bustling night life and tons to do, well that was the marketing sceme of this commercial from the 80s for the Hyatt Regency Hotel. Here is what WikiMapia says about the current site:
This building is a dormitory for the University of Michigan-Flint. When it was built in 1981 as the Hyatt Regency Hotel, it was intended to revitalize downtown Flint. The hotel changed management companies many times until 2000, when it was acquired by the Institute for Basic Life Principles. This Christian group operated it as the Character Inn - a hotel that banned alcohol and rock n roll. In 2009, U of M bought it and began a renovation.
Do you remember this commerical?
When I was a kid, my sister was a Girl Scout and my mom was a Troop Leader. This meant that our house and garage would literally be filled with thousands of boxes of delicious Girl Scout Cookies, and I couldn't eat them. Talk about torture!
Just two years removed from bankruptcy, General Motors has rebounded strongly with new designs and new cars, including the new Chevy Volt. It is expected that sharing the auto industry's prosperity will be a focus of future contract talks this year between the United Auto Workers and GM, Ford, and Chrysler.
We're number 11, according to Forbes.com's annual ranking. Soaring unemployment, plummeting home values, crime, weather, taxes, and corruption of public officials were among the factors considered to determine this year's ranking.
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