Pontiac EM recommends city be returned to elected officials
Michigan legislative action thread
Tell the “creditors” to spell “money.”
Then tell them they forgot the “F”.
Judges get pensions also. This will be interesting.
They voted for it, over and over and over and over again..................Now they don’t like what they themselves created...............
Bet 90% or better of them vote straight democrat and will continue doing so. Idiots.
The very same people that helped destroy Detroit are the ones with their hands out. The public workers milked Detroit dry and they still want a free ride.
In no event shall the pension be stripped away altogether. It may be much reduced, and even further so when the cost of health insurance is assessed directly upon the pensioner.
But the bottom of the pockets of the corporate entities or institutions providing the pension money has been reached, and the little bit that that can still be dredged up will simply be parsed out to the remaining recipients on a more or less equalized basis - everybody gets a little, or maybe a lot, less.
But if the corporate entity or the institution collapses completely, nobody gets anything.
Go to your Union Bosses....have them pay your Benefits.....you probably were a relative of one of them, anyway, if you "worked" for the City.
Get to the back of the line with the rest of the illegal freeloaders, racist freeloaders, and deadbeats. The DemocRat plantation is imploding.
You mean the investors actually WANT THEIR MONEY...the money DEEEtroit promised to pay as part of a BOND CONTRACT...?.considering what has happened to that citizenry folks ...over the years...the bad luck and all...it’s obvious those demands are RACIST....or somethin’