I wasn't aware of Dawsey before Deadlinedetroit, but he seems to consistently knock it out of the park.
He echoes a lot of the thoughts bouncing around in my head, but puts it in much moe coherently, and politely than I can.
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I wasn't aware of Dawsey before Deadlinedetroit, but he seems to consistently knock it out of the park.
He echoes a lot of the thoughts bouncing around in my head, but puts it in much moe coherently, and politely than I can.
Absolutely loved this quote from the article:
"And while I'm not equating local anti-EM demonstrations with the civil-rights movements of the '60s, the truth is, King, Parks and their colleagues in protest were almost always greeted in much the same way that the Freep column greets those who are vocally opposing the undemocratic imposition of emergency managers on their cities — with disdain and a sincere wish that they would go away and find better things to do.
And I firmly believe that now, as then, black protest is best served by paying those sentiments no mind."
And not only could that quote be directed at both newspapers editorial staff, but also to many of the posters on this forum, to call them racist would be an understatement!
Its a bad assumption that every cause disdained by the media is just.Quote:
Originally Posted by RapBrown
Go ahead and protest. Its your right. But tell me who you think will benefit if you're successful?
While I'm reluctantly to label an individual's motives too quickly, it is mighty interesting, and infuriating and pitiful the way our current society sees itself.Quote:
Originally Posted by RapBrown
Attachment 18763
Mr Orr probably wants to do the Best job that he can. He has real interest in improving the city. Hell, I have a real interest in improving the city and would make a great EM. Give the guy a chance. Lets see what he can do, because the present system isn't working to damn well. Mr Orr isn't "dictator for life". He will bring things to a certain point and then leave and Detroit will be "on their own" again.
Orr has an interest to return a dividend [[it will be a large one) to his client's, just as Snyder has an interest to plunder and rob the city, destroy unions for his own interests and get that windfall back to the bankers which Orr represents, you really couldn't be naive.Quote:
Originally Posted by Hermod
We need more folks like Darrell Dawsey and Curt Guyette in our mainstream media sources.Quote:
Originally Posted by brizee
I wonder of Snyder will even be able to match the robbery and plundering done to the City by those that have been in power for the last 50 years?Quote:
Originally Posted by RapBrown
Those that have had their hands in the cookie jar, haven't kept accurate books, and don't wish their folly discovered, they'll benefit the most.Quote:
Originally Posted by Wesley Mouch
Thanks for the graph. It shows who is more moderate. We need more moderation in this chaotic world.Quote:
Originally Posted by brizee
And from Crain's
"Keep quiet and go home"...
I had a free subscription to this rag, and I almost reupped last week.
Over my dead body.
You are correct, Orr has an interest to return a dividend to the tax payers who deserve more than what they are currently getting.
Exactly what is Snyder going to plunder and rob from a broke city? He is a smart man who is better of robbing richer cities like Ann Arbor and Grand Rapids.
Do you see ghosts and hear voices?
Quote:
Originally Posted by RapBrown
What is there in Ann Arbor or Grand Rapids worth having?Quote:
Originally Posted by rjlj
His cronies can make a killing off a privatized DWSD for example.
I'll give you that Ann Arbor and Grand Rapids are a lot more functional than Detroit, but to say they're wealthier [[in terms of assets) is false.
I heard Snyder & Orr are after the copper in the abandoned homes in Blightmoor.Quote:
Originally Posted by 313WX
None of the homes in Brightmoor ever had copper in them. Its definitely a galvinized hood.Quote:
Originally Posted by Honky Tonk
Between corruption and the banks taking advantage of both the residents in the mortgage market and the City in the bond market. I would be amazed if there will be anything left to pillage soon. :[[
Plunder, robbery, destruction of unions!Quote:
Originally Posted by RapBrown
Who exactly is being naive?
Something that seems to get overlooked. With the EM yes bonds are being protected but union jobs and benefits have a better chance of surviving. This is from wikipedia about pretty much the end of collective bargaining if the city goes into bankruptcy. Also you think the EM is bad he is at least trying to work city council et. al. or so it seems. A bankruptcy judge is not going to be so nice and there is no political choice you get who is assigned to you and he can do whatever he deems is necessary.
Collective bargaining
Municipalities' ability to re-write collective bargaining agreements is much greater than in a corporate Chapter 11 bankruptcy and can trump state labor protections, allowing cities to renegotiate unsustainable pension or other benefits packages negotiated in flush times.
"Congress did not extend the same projection to public employees that it did to those working in the private sector under Chapter 11 bankruptcy rules."
Unions are no better protected under Chapter 9 than they are under an EM.Quote:
Originally Posted by p69rrh51
When Orr was grandfathered to an EM from an EFM on March 28th, he inherited the same powers that an EM had under PA 4 [[other than the catch that city officials can remove him in 18 months). That means, at his sole discretion, he can rip up collective bargaining agreements and impose new ones, sell off any asset he pleases and essentially lock the council members out of city hall.
However, under a Chapter 9 Bankruptcy, a bankruptcy can not interfere with the decisions elected officials make in terms of governing the city. What happens is the city leaders draft a debt restructuring plan and if the judge thinks its reasonable, he or she imposes it on all of the parties [[pensioners, banks, union members, etc.). Also, under a Chapter 9 bankruptcy, Detroit can request that the judge declares a moratorium [[or a stop) on all of its debt payments while the city works out a debt restructuring plan. That money that's no longer going to debt services can goes towards improving the deplorable services the citizens of Detroit are being subjected to. Under an EM, Detroit must continue its debt payments while the EM begs the creditors to accept a restructuring plan. Meanwhile, if the citizens of Detroit object to his decision [[for example, if Orr approved selling off the DWSD to a private company), they have no way of fighting against it as he's not accountable to the voters.
Neither can they fight against a bankruptcy judge doing the same thing, but then the DWSD should have been ripped out of the city's hands decades ago anyway!Quote:
Originally Posted by 313WX
Yeah, except for the fact that under Chapter 9, a BK judge can't force a municipality to sell off its assets without the consent of the elected officials.Quote:
Originally Posted by p69rrh51
Interesting reading looks like the "plan" would be the problem with Chapter 9. Thx 313WX.Quote:
Originally Posted by 313WX
Sections 903 and 904 of the Bankruptcy Code are designed to recognize the court's limited power over operations of the debtor.
Section 904 limits the power of the bankruptcy court to "interfere with – [[1) any of the political or governmental powers of the debtor; [[2) any of the property or revenues of the debtor; or [[3) the debtor's use or enjoyment of any income-producing property" unless the debtor consents or the plan so provides. The provision makes it clear that the debtor's day-to-day activities are not subject to court approval and that the debtor may borrow money without court authority. In addition, the court cannot appoint a trustee [[except for limited purposes specified in 11 U.S.C. § 926[[a)) and cannot convert the case to a liquidation proceeding.
The court also cannot interfere with the operations of the debtor or with the debtor's use of its property and revenues. This is due, at least in part, to the fact that in a chapter 9 case, there is no property of the estate and thus no estate to administer. 11 U.S.C. § 902[[1). Moreover, a chapter 9 debtor may employ professionals without court approval, and the only court review of fees is in the context of plan confirmation, when the court determines the reasonableness of the fees.
The restrictions imposed by 11 U.S.C. § 904 are necessary to ensure the constitutionality of chapter 9 and to avoid the possibility that the court might substitute its control over the political or governmental affairs or property of the debtor for that of the state and the elected officials of the municipality.
Similarly, 11 U.S.C. § 903 states that "chapter [9] does not limit or impair the power of a State to control, by legislation or otherwise, a municipality of or in such State in the exercise of the political or governmental powers of the municipality, including expenditures for such exercise," with two exceptions – a state law prescribing a method of composition of municipal debt does not bind any non-consenting creditor, nor does any judgment entered under such state law bind a nonconsenting creditor.
Ditttooooooo! Stephen Henderson should take note. Why even have two ”mainstream” newspapers in this region if they're offering the same narrow-minded & short-sighted editorial perspective.Quote:
Originally Posted by RapBrown