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Finance, Ferguson and Orr

Week 76 of the Occupation of Detroit By Shea Howell Special to The Michigan Citizen  Governor Rick Snyder, his Emergency Manager Kevyn Orr and the corporate interests who back them all breathed a sigh of relief last week as Syncora blinked. The bond insurer agreed to support the bankruptcy plan. David Heiman, a Jones Day attorney, told Judge Steven Rhodes these “passionate adversaries” have “laid down the s ...

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Distorted reality

One year ago Emergency Manager Kevyn Orr filed for bankruptcy. It has been a brutal year for the people of Detroit. Step by step we have seen long cherished rights and values trampled on in the name of financial necessity. Public lands have been given away. Generous tax breaks have been handed to developers, while elders have seen their pensions taxed and slashed. People have been threatened. Many have lost ...

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