Detroit Bankruptcy Takes Aim at Pensions

Last year Detroiters protested the “emergency manager” law, Public Act 4, that yesterday enabled an appointed official to put their city’s fate in the hands of a bankruptcy judge. Photo: Stephen Boyle.

Detroit hit the Trifecta yesterday—the third in a series of body blows that politicians have landed on the city’s working people.

The Michigan legislature passed “right-to-work” in December and gave the governor the right to impose “emergency managers” on cities two days later. When Detroit’s emergency manager Kevyn Orr announced Chapter 9 bankruptcy Thursday, he was following a predicted trajectory that will lead to further impoverishment and privatization. Continue reading