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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    "I'm Gonna Tell On You!"


    By JGillman, Section News
    Posted on Fri Jul 19, 2013 at 04:12:47 PM EST
    Tags: Michigan, Detroit, EFM, Kevyn Orr, Bankruptcy, Restructuring, Futility, Higher Taxes, Pensions, Judicial Playthings, Rick Snyder, Toys (all tags)

    Seriously, its really becoming US V THEM.

    The governor actually does something that makes sense, (and only 2-3 decades late) and the protectors of leftist failures jump into action. And, the kids are getting hurt feelings. Yesterday's Detroit Bankruptcy filing made little Rose cry.  She thought she had beat the bad man to the punch.  So she has retaliated:

    "Aquilina said she would make sure President Obama got a copy of her order."
    THAT will teach that bad boy a lesson.

    Once uncle Barry hears about it, he's going to take Ricky's bridge away.

    < Back By Popular Demand - THE DIVERTERE | BREAKING - Konetchy Will Challenge Dave Camp >


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    Display: Sort:
    What a sentence (none / 0) (#1)
    by Corinthian Scales on Fri Jul 19, 2013 at 05:27:52 PM EST
    "Aquilina said she would make sure President Obama got a copy of her order."

    Needs fixing.

    "You got your affirmative action in my peter principle."

    There.  All better.

    contracts (none / 0) (#2)
    by Rougman on Sat Jul 20, 2013 at 07:07:24 AM EST
    Odd how that silly old constitution works sometimes--aggressively protecting bad-faith contracts while the taxpayers get screwed time and time again.

    One wonders however just how much money the dead carcass of a golden goose can provide.  The tax base has been driven from the city.  The steady flow of state funds has been squeezed because of city corruption and incompetence.  And creditors, able to read the writing on the wall, aren't likely to lend much money when expected returns are likely to yield a negative 90 percent. Obama has said he will not bail out the city.

    Yet, these pension funds have been promised to the workers of a worker's paradise and they must be honored!  Something has got to give and apparently the constitution is not on our side.

    • Well... by Corinthian Scales, 07/20/2013 08:29:24 AM EST (none / 0)
    She can give it her best shot. (none / 0) (#3)
    by KG One on Sat Jul 20, 2013 at 08:18:59 AM EST
    The Michigan Supreme Court, with Justice Markman having a Chief Justice Roberts' moment, already ruled on that argument.

    Overruled . . . (none / 0) (#6)
    by Kevin Rex Heine on Thu Jul 25, 2013 at 07:31:14 AM EST
    . . . or at least that's the sense I get out of two rulings this week regarding an Ingham County Circuit Judge having jurisdiction in a federal matter involving Detroit (which is in Wayne County).

    On Monday, U.S. Bankruptcy Judge Steven Rhodes, who has been assigned the bankruptcy case, said the pension issue will be decided in federal, not state court. And a three-judge panel of the state Court of Appeals on Tuesday granted a stay of Aquilina's rulings that Detroit's bankruptcy filing should be withdrawn because it violated the state's constitution.

    ...

    The panel's ruling also prohibits Aquilina from having any further proceedings on the matter until the appeal is resolved.

    And I'll bet that the appeal takes awhile to get resolved.

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