Judge orders Detroit bankruptcy to be withdrawn, claims it’s ‘not honoring the president’

The Daily Caller ^ | 4:55 PM 07/19/2013 | Katie McHugh

[onyx]

Ingham County Circuit Judge Rosemary Aquillina ordered on Friday that Detroit’s bankruptcy be withdrawn, citing a concern that government employees’ pensions would be endangered by federal bankruptcy proceedings, The Detroit News reports.

“It’s cheating, sir, and it’s cheating good people who work,” the judge told assistant Attorney General Brian Devlin on Friday, adding that she will ensure that President Barack Obama gets a copy of her order. “It’s also not honoring the president, who took [Detroit’s auto companies] out of bankruptcy.”

At the same time, Aquillina voiced her confidence that Obama would ensure that pension guarantees were protected and honored.

“I know he’s watching,” she said.

In 2008, the Bush administration began and the Obama administration continued a bailout of the auto industry in the Midwest, including Detroit, that cost taxpayers nearly $85 billion, although only $44 billion had been approved for the project.

Detroit filed the largest bankruptcy case in U.S. history on Thursday after declaring an emergency March 1. Retiree pensions could face significant cuts — since they compromise approximately $9.2 billion of the city’s $11.5 billion in unsecured claims.

Although defined-benefit pensions have all but vanished in private sector employment, they continue to pile up for government employees. Nationwide, state and local governments have built up nearly $3 trillion in unfunded pension liabilities, a figure that continues to grow.

[onyx]

CLICK

[hsalaw]

At the same time, Aquillina voiced her confidence that Obama would ensure that pension guarantees were protected and honored.

Words fail me.

[onyx]

[sheik yerbouty]

It would be dissing His Royal Swineness?

[onyx]

Corrupt S.O.B.s all.

[onyx]

Apparently so, since he already “saved” Detroit!

[butterdezillion]

Well, I guess there must be a law against dissing the Usurper-in-Chief...

[RedMDer]

BTTT!

[DB]

Cheating is forcing taxpayers that don’t even live in Detroit to pay for Detroit public employee pensions. Never mind that those pensions far exceed anything the taxpayer will see in their lifetimes.

[doc1019]

OK, so let them fall into complete decay. Then what? I guess a city that is run completely by gansta’s is honoring to the President.

I say, let Detroit go completely to ruin ... build a fence around it and let the better man win.

[Cheerio]

Judge orders Detroit bankruptcy to be withdrawn, claims it’s ‘not honoring the president’ Well, he is not honoring the will of the people (e.g. Obamacare, Amnesty), the US Constitution, or the laws of the USA, so where is the problem with allowing the CITY of Detroit to file bankruptcy? It cannot be illegal - e.g. List of Bankruptcy Filings Since January 2010

All Municipal Bankruptcy Filings: 36

City and Locality Bankruptcy Filings (8):
-- City of Detroit
-- City of San Bernardino, Calif.
-- Town of Mammoth Lakes, Calf. (Dismissed)
-- City of Stockton, Calif.
-- Jefferson County, Ala.
-- City of Harrisburg, Pa. (Dismissed)
-- City of Central Falls, R.I.
-- Boise County, Idaho (Dismissed)

SO THE NEW LEGAL STANDARD IS IN ORDER TO PROCEDE WE FIRST HAVE TO PASS THROUGH THE GATE OF "DOES THIS HONOR LORD OBAMA"?

[Moorings]

It’s also not honoring the president

She is very worshipful. She is waiting for her deity to save the city. He is watching after all.

[autumnraine]

I keep searching for the satire...???

[onyx]

Excellent.
Thank you very much!

[null and void]

SO THE NEW LEGAL STANDARD IS IN ORDER TO PROCEDE WE FIRST HAVE TO PASS THROUGH THE GATE OF "DOES THIS HONOR LORD OBAMA"?

Precisely.

Your understanding is complete.

[onyx]

Nope. This is idiocy but it’s also reality.

[onyx]

Seems unreal, doesn’t it?

[SpaceBar]

The US government has devolved into a gang of criminal factions competing for the turf of the taxpayer wallet to feed their lucrative theft, graft, and money laundering racket.

[MichaelCorleone]

Who da thunk this joke would cease to be a joke:

What do you call a lawyer with an IQ of 50?

- Your Honor.

[Mr. K]

I didn’t know bankruptcy was not allowed if you were ‘cheating’

what if you had your fingers crossed too?