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Thread: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by haymarket View Post
    I was referring to posters on this topic taking the position that bondholders and banks should come before pensioners.

    that is NOT a red herring. It is reality.
    Unfortunately for your point of view, that may be what happens. Municipal bonds are federally governed securities (Miami just had an SEC action filed against them) and bankruptcy is also a Federal action controlled by the Bankruptcy courts so perhaps the supremacy clause could be used to trump the provision of the Michigan Constitution. Stranger things have happened. Ironically it was many who advocated that the automakers go through normal bankruptcy proceedings rather than the federal government actions.

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by AliHajiSheik View Post
    Unfortunately for your point of view, that may be what happens. Municipal bonds are federally governed securities (Miami just had an SEC action filed against them) and bankruptcy is also a Federal action controlled by the Bankruptcy courts so perhaps the supremacy clause could be used to trump the provision of the Michigan Constitution. Stranger things have happened. Ironically it was many who advocated that the automakers go through normal bankruptcy proceedings rather than the federal government actions.
    Would you favor the federal courts using that provision to trump the State Constitution?
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Hicup View Post
    Wow, I thought 'ok well maybe I can expect a few typos and someone is just trying to make more than what it is', BUT, reading those emails from him is just astoundingly scary!


    Tim-

    They read like they were written by a spambot, don't they?

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by jmotivator View Post
    They read like they were written by a spambot, don't they?
    I don't care if the guy is a "good guy" or "dedicated" in his role at the school board, he should be able to read and write if he wants to head the "school board", PERIOD!

    Tim-
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by haymarket View Post
    If libertarians and right wingers take positions to screw the average worker - that is on them - not me. I just let the chips fall as they may.
    1. that's not the average worker, it's the average public/unionized worker. Which are typically way above the average private worker in pay. Ouch! That's on you, not me. 2. Tying their job/benefits to your political party through law is indeed on you, and ensures you buy a significant portion of those votes because who in their right mind would vote for someone that wanted to reduce their work quality of life or pay? You create the conflict of interest for political and monetary gain, it's most Certainly not the fault of your opponents....

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Hicup View Post
    I don't care if the guy is a "good guy" or
    "dedicated" in his role at the school board, he should be able to read and write if he wants to head the "school board", PERIOD!

    Tim-
    We need to listen to him, " he got a 3.0"...

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    I know this thread is long and others may have done this already, but let me offer a BIG congratulations to the left in this country for the economic destruction of Detroit. Complete political domination of a city. A shining example of utopia, according to the left. Just make note, folks, this is what the left is aiming to do to the rest of the country. Now we have a solid example of how the left's policies will work (or not).

    Oh, and the scary thing is, they could see this coming and absolutely refused to do anything about it. And nice job to the voters, you can't claim you were fooled by these people right up to the end.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Anthony60 View Post
    I know this thread is long and others


    may have done this already, but let me offer a BIG congratulations to the left in this country for the economic destruction of Detroit. Complete political domination of a city. A shining example of utopia, according to the left. Just make note, folks, this is what the left is aiming to do to the rest of the country. Now we have a solid example of how the left's policies will work (or not).

    Oh, and the scary thing is, they could see this coming and absolutely refused to do anything about it. And nice job to the voters, you can't claim you were fooled by these people right up to the end.
    What truly made Detroits issues come to a head was ironically the election of Barrack Obama.

    He's extended a recession out another 5 going on 8 years and any City in trouble in 2008 really has no hope now of climbing out.

    Delicious irony and Detroits just the First big City, it wont be the last.

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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by Mach View Post
    1. that's not the average worker, it's the average public/unionized worker. Which are typically way above the average private worker in pay. .
    By all means - do present your data on Detroit workers being "way above the average private worker" for the same work and with the same qualifications and I will gladly examine it.
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    re: Judge rules Detroit bankruptcy filing UNCONSTITUTIONAL[W:584]

    Quote Originally Posted by jmotivator View Post
    Caveat: The citizens of Detroit elected a school board president who is functionally illiterate.
    What matters is how he manages, not how he composes emails. Hiring is a difficult and risky business. People who hire have a tendency to hire based on what someone has done rather than what someone can do. The latter is difficult to determine so the former gets substituted.

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