By Robert Laurie ——Bio and Archives--July 19, 2013
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“It’s cheating, sir, and it’s cheating good people who work,” the judge told assistant Attorney General Brian Devlin. “It’s also not honoring the (United States) president, who took (Detroit’s auto companies) out of bankruptcy.” Aquilina said she would make sure President Obama got a copy of her order. "I know he’s watching this,” she said, predicting the president ultimately will have to do something to make sure existing city workers’ pension agreements are honored.So there's the heart of the matter. The Obama reelection campaign informed the world that a hypothetical President Romney would have "let Detroit go bankrupt." Now that Obama's back in office, it would be pretty embarrassing to let the city file for Chapter 9 protection. His union cronies would have a conniption fit. So, a loyal judge has entered the fray. Michigan's attorney general has already filed an appeal, and this will either be overturned or simply ignored by the bankruptcy court. But still, maybe someone can tell me: When did "honoring the President" become a factor in municipal bankruptcy?
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