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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 Collapse.com, Corporate Cronyism, Corporate Subsidies, Corporate Welfare, Crony Capitalism, Detroit, Detroit bankruptcy, Reason, Sports Arenas, Wasted Taxpayer Dollars
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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 Class Warfare, Corporate Crime, Debt Restructuring, Detroit, Detroit bankruptcy, Detroit Institute of Arts, Greedy Banks, Illinois pension cuts, Judge Rhodes, Kevyn Orr, Michigan Court of Appeals, Pension cuts, Pension Plans, Pension Reform, Rick Snyder, Steven Rhodes
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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 9/11 blackouts, Against Banks and Austerity, Black Agenda Report, Corporate Crime, Detroit, Detroit bankruptcy, economy, emergency manager law, Glen Ford, International People's Assembly, Kevyn Orr, privatization, recession, Rick Snyder, Robert Davis
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