Hey Judge, when the state goes BK, you will lose your income too so make plans now to get a job you are qualified for, try over at Arlington Park in Ill cleaning out horse stables.
Here’s the judge’s reasoning:
The state court judge in Michigan’s capital of Lansing ordered Orr to withdraw the bankruptcy petition because the state law that allowed Snyder to approve the bankruptcy violated the Michigan Constitution. The governor lacks the power to “diminish or impair pension benefits,” according to the ruling by Ingham County Circuit Court Judge Rosemarie Aquilina.
No provision for Bankruptcy for states.