Tag Archives: Detroit bankruptcy

Detroit Cronies Sucking Money out of City to build Red Wings’ Stadium

Source: Collapse.com and Reason Though I am usually not a fan of infographics/datagraphics, Reason just published the below graphic which details the horrible deal that the city of Detroit is getting by building this new arena. We see these kinds … Continue reading

Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Economics, Financial Crisis, Recession, society, wasted taxpayer dollars | Tagged , , , , , , , , , | Leave a comment

War on the Poor Continues With Planned Pension Cuts in Detroit and Illinois

Yesterday Federal bankruptcy court judge Steven Rhodes ruled that Detroit is insolvent and eligible for a Chapter 9 debt restructuring. This gives the city the go-ahead to cut retirement benefits as part of its restructuring plan, despite pensions being explicitly … Continue reading

Posted in Activism, consciousness, Corporate Crime, Economics, Financial Crisis, Labor, Recession, Social Control, society, State Crime, Work | Tagged , , , , , , , , , , , , , , , | 3 Comments

American Apartheid Starts in Detroit

A recent op-ed from Glen Ford, executive editor of Black Agenda Report, describes the situation in Detroit as the nexus of a new American apartheid in which inhabitants of largely Black urban centers are denied meaningful votes and ability to … Continue reading

Posted in Activism, Corporate Crime, Economics, Financial Crisis, History, Labor, Privatization, Racism, Recession, society, Uncategorized | Tagged , , , , , , , , , , , , , , | 2 Comments