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The Michigan Citizen

Number of Entries : 3134

Open letter to President Obama

I am writing you as a frustrated American citizen who has participated in the process of defending democracy and my rights, the rights of other Detroiters and the rights of citizens in the state of Michigan. You should also know I voted for you in both elections, made modest contributions and worked on your first campaign as a volunteer. I have functioned as a precinct delegate, co-campaign manager, senior ...

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Fiduciary duty to City of Detroit Municipal Corporation

To Judge Steven Rhodes: Regarding the bankruptcy of the City of Detroit Municipal Corporation, I am concerned our attorney, the Jones Day firm, has a financial conflict in representing us in negotiations and big deals with Wall Street municipal bond firms. Also, the State of Michigan and its agents, the governor and emergency manager, have financial and fiscal conflicts with the City of Detroit. Therefore, ...

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Why does Orr ignore escape hatches?

There are potential legal problems swirling around the city’s pension swaps — those agreements the city signed in 2005 in order to borrow money to pay their liabilities to the pension fund. The legal problems represent an opportunity to get out of harmful and large debt incurred by the city. Since the city was already in great debt at the time, it needed to create two entitiesable to borrow. There is uncert ...

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