Detroit bankruptcy judge approves $178 million in legal and consulting fees
By James Brewer
18 February 2015
Federal bankruptcy judge Steven Rhodes last week approved the payment of $178 million in fees to the corporate law firms and consultancies involved in orchestrating the Detroit bankruptcy. The ruling comes three months after Rhodes approved the city’s plan to exit bankruptcy by slashing retirees’ pensions and health care benefits.Most notably, $58 million in fees will go to Jones Day, the law firm at which Emergency Manager Kevyn Orr, who thrust the city into bankruptcy four months after his appointment, had been a partner.
THE LOOTING OF DETROIT: A case study
on the methods the 1%
use to loot America.
Your city, job and your pension next
on the line for the slaughter!
TURNING
YOUR PENSION OVER TO THE ILLEGALS? They already have your job!
THE
BANKSTER-FUNDED DEMOCRAT PARTY BUILDING THE
LA
RAZA “THE RACE” MEXICAN WELFARE STATE ON OUR
BACKS
AND CUTTING PENSIONS OF LEGALS AT THE SAME
TIME!
http://mexicanoccupation.blogspot.com/2015/02/assault-on-middle-america-illinois.html
THE OBAMA ASSAULT
ON THE AMERICAN MIDDLE-CLASS
“The
goal of the Obama administration, working with the Republicans and local
governments, is to roll back the living conditions of the vast majority of the
population to levels not seen since the 19th century, prior to the advent of
the eight-hour day, child labor laws, comprehensive public education, pensions,
health benefits, workplace health and safety regulations, etc.”
“In
response to the ruthless assault of the
financial oligarchy, spearheaded by
Obama,
the working class must advance, no less
ruthlessly, its own policy.”
US Congress to vote on union-backed plan to cut
workers’ pensions
A bipartisan proposal has been added to the US
government funding bill now before Congress that would end 40 years of federal
law and sanction the reduction of pension payments to millions of retired
truckers, coal miners, supermarket, construction workers and other private
sector workers.
UNIONS PARTNER WITH
WALL STREET-OWNED BARACK OBAMA and MEXICO TO KEEP WAGES DEPRESSED
These are self-serving lies pumped out by the ruling class
through its political servants and media apologists. Since the financial crash
of 2008, the Obama administration’s pro-business policies of bank bailouts,
virtually free money for the banks from the Federal Reserve, wage and benefit
cuts for auto workers, corporate tax cuts and deregulation have transferred
trillions from the working class to the super-rich.
Instead, the financial oligarchy that controls the economy and
both big-business parties is determined to steal the pensions that tens of
millions need to survive and return workers to the dark days when they labored
without end until they died.
BARACK OBAMA and his BANKSTER BUDDY MAYOR RAHM EMANUEL IMPOSE OBAMANOMICS MARSTAIL LAW ON ILLINOIS!
Obama at the national level and Emanuel in Chicago have carried out equivalent attacks on the social rights of working people…. AS THEY SERVE THEIR BANKSTER CRONIES!
THE LOOTING OF DETROIT: A case study on the
methods the 1% use to loot America.
Your city, job and your pension next on the line for the slaughter!
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