Segments from the May 11, 2012 show
Pontiac Silverdome sold by Pontiac Emergency Manager for less than 1% of build cost.
Fred Leed, Pontiac's Emergency Manager that sold the Silverdome, then returns with the new owner to propose a casino business on the site. So he's taken public property, sold it for pennies, then gone into business to profit on that sale. There seems to be no checks on the power that an Emergency Manager wields while either in office or the time following such a position.
Watch out on that petition circulating to expand the number of casino jobs in Michigan. Who is being taken care of in the deal? Remember Matty Moroun sponsored "The Public Should Decide" would require the public to a petition to limit the number of bridges, thus creating a monopoly for the Detroit Bridge Company. Not every petition you encounter is beneficial... be informed.
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