Mar 302014
Austerity imposed on Ukraine by U.S./NATO imperialism

Same forces attacking democracy and imposing austerity in Detroit have overthrown democracy with the aid of Nazis and are imposing austerity in Ukraine. See IMF statement in the following article. And Now The Real Economic Pain Begins As IMF Unleashes $27BN Bailout In “Near Bankrupt” Ukraine Welcome to IMF vassal state status. Enjoy your hyperinflation […]

 March 30, 2014  Posted by at 2:54 pm Uncategorized Tagged with: ,  No Responses »
Mar 302014

By Diane Bukowski, Voice of Detroit, March 27, 2014 DETROIT — Over 200 retirees and other Detroiters have already filed profound and moving individual objections to Detroit Emergency Manager Kevyn Orr’s austerity plan for Detroit retirees and residents in bankruptcy court.  Continue at Voice of Detroit

Mar 222014

By Kris Hamel Detroit, March 16 — The last day to file objections to the city of Detroit’s austerity “Plan of Adjustment” in its bankruptcy case is April 1. Organizers with the Moratorium NOW! Coalition and Stop Theft of Our Pensions Committee are holding a meeting March 17 to help city residents, workers, retirees and […]

 March 22, 2014  Posted by at 2:05 am Uncategorized Tagged with: , , , , ,  No Responses »
Mar 142014

By Russ Bellant, City of Detroit retiree, March 13, 2014 The emergence of a major European country being taken over by fascists and major government positions going to a nazi party has grave implications for European Parliamentary elections. The fact that this was backed by the US challenges all of us to raise questions as […]

 March 14, 2014  Posted by at 1:38 am Uncategorized Tagged with: , ,  No Responses »
Mar 112014
Action to fight bankruptcy restructuring underway

By Abayomi Azikiwe, Pan-African Newswire This article appeared in the Michigan Citizen A standing-room-only audience at the Central United Methodist Church came out March 2 after a snow storm to participate in an emergency town hall meeting designed to respond to Detroit  Emergency Manager Kevyn Orr’s Plan of Adjustment. The event was planned by a […]

 March 11, 2014  Posted by at 2:55 am Uncategorized Tagged with: , , , ,  No Responses »
Mar 072014
File a People’s Objection to the Plan of Adjustment –  April 1, 2014

Updated on March 25, 2014 All Out April 1 – File your objection in court 10 AM Federal Courthouse, 231 W. Lafayette St., Detroit File your objection to the “Plan for the Adjustment of Debts of the City of Detroit” and/or “Disclosure Statement With Respect to Plan for the Adjustment of Debts of the City […]

 March 7, 2014  Posted by at 7:26 pm Uncategorized Tagged with: , , ,  No Responses »
Mar 052014
Swaps, COPs & Lingering Questions

Good description of Certificates of Participation and other terms in the Detroit Bankruptcy. Curt Guyette, Investigative Reporter, ACLU of Michigan, February 5, 2014 In 2005, the city of Detroit faced a monumental dilemma: It desperately needed to borrow more than $1.4 billion to help shore up its two pension systems, but doing so would far […]

Mar 052014
Detroit's big maybe.

by ACLU of Michigan on Feb 25, 2014   By Curt Guyette, Investigative Reporter What can be said with absolute certainty about the so-called plan of adjustment Detroit Emergency Manager Kevyn Orr released last week? Almost nothing. It is a plan built on a mountain of ifs.According to a summary of the plan, “police and […]