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Detroit going for broke (just told its creditors to pound sand)
Hotair ^ | 06/16/2013 | Jazz Shaw

Posted on 06/16/2013 8:28:40 AM PDT by SeekAndFind

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To: SeekAndFind

If they do not pay for contractors, the contractors should stop doing business with them. If they don’t pay for electricity, cut it off.

As for pensions, make the employees fund their own dang pensions.


21 posted on 06/16/2013 11:57:56 AM PDT by GeronL (http://asspos.blogspot.com)
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To: Texas Eagle

How many bureaucrats, paper-pushers, desk jockeys, chair warmers and assistant assistant supervising managers assistants were fired??


22 posted on 06/16/2013 12:01:07 PM PDT by GeronL (http://asspos.blogspot.com)
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To: SeekAndFind

This is simply a desperate attempt to avoid formal bankruptcy in an effort to preserve union contracts. In a formal bankruptcy, union contracts could be abrogated, and the bankruptcy trustees would be in a a very awkward spot if they chose to screw everyone BUT the unions.


23 posted on 06/16/2013 2:31:37 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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