That bit of information right there pretty much counters the thoughts in the other thread about the improvements in the neighborhoods.
What do you think people are going to do when more cuts are imposed on them?
And actually, a BK judge can rip up the pension contracts. Orr, on the other hand, has to beg them to accept less of their return [[since the obligations are guaranteed in the state constitution). And even if he could cut health care benefits, there''s all the ligitation that will ensue too.
Finally, there's also the state if Michigan's investigation of Detroit tax assessment. Once those rates are lowered, that will mean even less revenue coming inti the city to provide services in the near term.
So ultimately, the road will end with the sell off of the DWSD [[most likely) and possibly Belle Isle [[less likely) since bankruptcy is not an option.
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