Tag: Coleman Young

In a very anticipated decision in Federal Court downtown this morning, Judge Steven Rhodes ruled that Detroit CAN file for Chapter 9 Bankruptcy.

However, things aren't as cut and dried as they seem on the surface.

And just what might those things be?

Outside of the progressive politics, corruption related to same, and a lack of respect for what USED to be the jewel of the Midwest, it was greed.  Greed, that is explained no better than by Bill Johnson:

"History, however, shows this looming crisis might have been averted if the employees unions and pensioners had shown more flexibility forty years ago in restructuring city pension benefits. Instead, the intractable opposition demanded the city stay on a dead end course to default.

As far back as 1974, then-Mayor Coleman Young proposed what was considered reasonable changes to Detroit's pension programs. Because labor and retirees are a potent political force, the City Council shot down the mayor's changes."

Not so much.

Read the rest at Johnson's blog.

Branch President Rev. Wendell Anthony said there is no way an emergency financial manager can come in over the next 18 months and fix problems that have taken 50 to 100 years to develop.

"It is important for Governor Rick Snyder to recognize that once you come into Detroit with the hammer of an emergency manager, you, too, own it,"

Who in the Hell in their right mind would want that?  Their coveted Obamessiah isn't sending them any bacon.  It's time for Lansing to stop scratching Ilitch's, Penske's, and Gilbert's back with the rest of the states tax dollars, too.