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Detroit Bankruptcy: A Savage Assault On Detroit’s Residents

AFRICANGLOBE - Detroit Emergency Manager Kevyn Orr released a “plan of adjustment” Friday that includes huge cuts in city worker pensions and health care, pledges full payment for secured bondholders and outlines plans for the privatization of city services and assets, including the transfer of control of the Detroit Institute of Arts.

A Who’s Who Of The Conspirators Behind The Detroit Bankruptcy

AFRICANGLOBE - Two weeks of testimony in the Detroit bankruptcy case have exposed the pre-meditated character of the July 18 decision by Emergency Manager Kevyn Orr to initiate the largest municipal bankruptcy proceeding in US history.

The Detroit Bankruptcy and the Drive Toward Dictatorship

AFRICANGLOBE - The bankruptcy of Detroit is being widely cited in the media as a model for the use of unelected officials and bankruptcy courts to rip up agreements and impose sweeping cuts on the pensions and health benefits of public employees, not only in Detroit, but in cities across the United States.