State “Shared Taxes” Cuts have been Drowning Detroit: is Grover Norquist laughing yet?

By Liz Iacobucci For the NH Labor News

The Bankruptcy Court judge overseeing Detroit’s “restructuring” is moving really, really fast.

And – at least so far – he’s following the schedule proposed by “Emergency Manager” Kevyn Orr and the law firm Jones Day.

Read more about Kevyn Orr here.
Read more about Jones Day here.

This Thursday, August 2nd, the judge is expected to rule on Orr’s motion that a hand-picked “Committee of Retirees” be allowed to make decisions on behalf of the more than 20,000 retired city employees.

How’s this shaping up? It looks a lot like what just happened in Stockton, California – where a similar committee just accepted $5.1 million as full “payment” for future medical benefits estimated to be worth hundreds of millions of dollars.

And now that steamroller is headed straight for all those people who spent their lives working for the citizens of Detroit.

One of the many, many things that are wrong with this situation is: how completely the mainstream media has swallowed the spin offered by Michigan’s Republican Governor, Rick Snyder.


There is so much more, read the rest.

LINKS and references in NHLN Post.