Detroit: houses lost, pensions looted

November 22, 2014

etroit—As expected, Judge Stephen Rhodes ruled Nov. 7 that Detroit’s Plan of Adjustment was fair and feasible and allowed the City of Detroit to exit bankruptcy. One retiree termed the jovial press conference with the Mayor, Council President, Emergency Manager and Governor Rick Snyder as “sickening.” Thanks to the media, people believe retirees voted “overwhelmingly” for a 4.5% cut to their pensions. Half the retirees did not vote…

read the rest!

Detroit retirees fight for public workers

July 7, 2014

Intense pressure builds as 38,000 retired Detroit City workers approach a voting deadline on the fate of their pensions and healthcare benefits under the Plan of Adjustment of the unelected Detroit Emergency Manager for the city’s bankruptcy filing.

read the rest!