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Tag Archives: Illinois pension cuts
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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