Friday, July 19, 2013

Success! US is Tin Pot Dictatorship: Judge says Detroit can't declare bankruptcy because it's "not honoring" Obama

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7/19/13, "Ingham County judge rules Detroit bankruptcy be withdrawn; Schuette appeals," Detroit News, Gary Heinlein

"Prior to her ruling on Friday, the judge criticized the Snyder administration and Attorney General’s Office over its hasty move to outflank pension board attorneys.

“It’s cheating, sir, and it’s cheating good people who work,” the judge told assistant Attorney General Brian Devlin. “It’s also not honoring the (United States) president, who took (Detroit’s auto companies) out of bankruptcy.”

Aquilina said she would make sure President Obama got a copy of her order.

I know he’s watching this,” she said, predicting the president ultimately will have to do something to make sure existing city workers’ pension agreements are honored.

Pension board lawyers are contending federal bankruptcy proceedings shouldn’t put city workers’ retirement benefits at risk.

Southfield attorney John Canzano, representing several pension plan members, said bankruptcies of cities such as Stockton, Calif., have been handled in a way that didn’t compromise pensions."

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Ed. note: White bars you see across this post were put there by google hackers.

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