Thursday, November 14, 2013

WALL STREET'S LOOTING of DETROIT - OBAMANOMICS AT WORK? The Detroit bankruptcy trial

The Detroit bankruptcy trial

If, as expected, the judge rules that the bankruptcy can continue, the floodgates will be opened for a historic attack on the working class. The corporate-financial elite looks with envy on such things as the pensions of city workers and the masterpieces of the Detroit Institute of Arts (DIA). It views them as assets to be seized and “monetized” for its own further enrichment.

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