A well-placed Republican source has let Forbes know that Governor Walker of Wisconsin is preparing to push a financial martial law bill through the Legislature, to allow himself the privilege of 'stress-testing' cities and Counties in Wisconsin and setting aside their elected local governments. Selling their assets to private parties is intended, so as to heal their finances, of course.
The bill is being prepared by the biggest law firm in Wisconsin (Foley & Gardner), and is to be introduced in May. According to reports, it mirrors the law Governor Snyder of Michigan foisted on his State.
Details over the line . . .