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In reply to the discussion: The Detroit bankruptcy and the assault on democratic rights [View all]Octafish
(55,745 posts)22. Zen Throat-Cutting in Detroit
When Capital comes to collect, laws dont matter; even unjust laws are being broken to speed the process of stripping Detroit of its last asset. The question must now be raised: At what point do you destroy a city to satisfy the creditors?
by Tom Stephens
Black Agenda Report,
"Now look, Im a trial attorney. I can cut somebodys throat and leave them to bleed out in the gutter with the best of them. But I didnt want to do that. Thats not my role in this job. My role in this job is sort of the zen of emergency management." - Detroit Emergency Manager Fascist Kevyn Orr <1> (June 10, 2013) -- Emergency managers make unjust laws; they dont follow them.
What laws, if any, do Michigan Governor Rick Snyder, the Jones Day law firm and Detroit Emergency Manager Kevyn Orr 2[2] think they are working under? The answer is apparently none. Not even the requirements of their own emergency management legislation, rammed through a compliant lame duck legislature without any democratic process at all no hearings or amendments or debate allowed in December 2012. This was their replacement for Snyders previous dictator statute, rejected by Michigan voters in November.
Because according to the terms of that bastard legislation, in February 2013 a state-appointed February Financial Review Team was supposedly studying Detroits financial crisis and making recommendations to the Governor. And they were meeting and claimed to be studying the situation, all right. But we now know that at that time in the background the Governor was secretly offering the job of Detroit Emergency Manager to Jones Day bankruptcy lawyer Kevyn Orr.
Meanwhile, and also in secret, Orrs giant 2,400-lawyer corporate law firm was negotiating a lucrative contract for itself as Detroits restructuring counsel. The race to impose self-interested corporate solutions on Detroit was on.
SNIP...
Most recently, Orr held a heavily publicized meeting with Detroits creditors on June 14, 2013 at Metro Airport. He announced that he will screw workers and retirees, supposedly for the benefit of residents.
CONTINUED...
http://www.blackagendareport.com/content/zen-throat-cutting-detroit
by Tom Stephens
Black Agenda Report,
"Now look, Im a trial attorney. I can cut somebodys throat and leave them to bleed out in the gutter with the best of them. But I didnt want to do that. Thats not my role in this job. My role in this job is sort of the zen of emergency management." - Detroit Emergency Manager Fascist Kevyn Orr <1> (June 10, 2013) -- Emergency managers make unjust laws; they dont follow them.
What laws, if any, do Michigan Governor Rick Snyder, the Jones Day law firm and Detroit Emergency Manager Kevyn Orr 2[2] think they are working under? The answer is apparently none. Not even the requirements of their own emergency management legislation, rammed through a compliant lame duck legislature without any democratic process at all no hearings or amendments or debate allowed in December 2012. This was their replacement for Snyders previous dictator statute, rejected by Michigan voters in November.
Because according to the terms of that bastard legislation, in February 2013 a state-appointed February Financial Review Team was supposedly studying Detroits financial crisis and making recommendations to the Governor. And they were meeting and claimed to be studying the situation, all right. But we now know that at that time in the background the Governor was secretly offering the job of Detroit Emergency Manager to Jones Day bankruptcy lawyer Kevyn Orr.
Meanwhile, and also in secret, Orrs giant 2,400-lawyer corporate law firm was negotiating a lucrative contract for itself as Detroits restructuring counsel. The race to impose self-interested corporate solutions on Detroit was on.
SNIP...
Most recently, Orr held a heavily publicized meeting with Detroits creditors on June 14, 2013 at Metro Airport. He announced that he will screw workers and retirees, supposedly for the benefit of residents.
CONTINUED...
http://www.blackagendareport.com/content/zen-throat-cutting-detroit
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Banks deserve bashing. FED found $16 trillion to bail out the banksters, including foreign-owned.
Octafish
Aug 2013
#6
detroit's pensions are 90% funded, according to a recent report. so you're wrong.
HiPointDem
Aug 2013
#30
It's like witnessing a bank robbery and running to the police station to report it...
Octafish
Aug 2013
#15
But they'll get a new hockey arena & billionaire Mike Ilitch gets an entertainment district
Catherina
Aug 2013
#4
On Vultures and Red Wings: Billionaire Gets New Sports Arena in Bankrupt Detroit
Octafish
Aug 2013
#9
There are many black hats & few white ones. Detroit was deliberately destroyed. And now it's
HiPointDem
Aug 2013
#32