WHDT Interview on Detroit Bankruptcy

Friday, September 27, 2013
Posted in category Detroit

Here’s my interview with Gary Franchi for WHDT. The topic is Detroit and the city’s bankruptcy.

UPDATE: WHDT had to change the link, so here is the working version.

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6 Responses to WHDT Interview on Detroit Bankruptcy

  1. George says:

    September 27th, 2013 at 9:41 pm

    I wonder if it will be that easy to toss pension obligations aside.  I can see local people push back against that. 

    Detroit as Bantustan: Wall Street’s Black Goons
    http://www.blackagendareport.com/content/detroit-bantustan-wall-street%E2%80%99s-black-goons

    When Prichard Alabama (population 20k) went bankrupt for the second time pensions were cut by 2/3 but they put in a kind of revenue sharing agreement where pensions could increase with future increases in revenues.  I think Prichard is the only example of pensions, including police and fire, being cut.   

  2. Wade says:

    September 28th, 2013 at 8:06 pm

    That was a good interview Karen…and your mention of Jefferson County, AL reminds me that both Jefferson County and Detroit got screwed by the criminal banksters on Wall St.

  3. Dave Sparks says:

    September 28th, 2013 at 9:38 pm

    Great insight..”180″ from the MSM “news”. I enjoyed getting the breakdown in how Detroit was the perfect storm which unfortunately will continue if the “ruling class” and their fellow travelers get their way. Unfortunately I currently live in the late great state of California which is teetering on the brink.

  4. George says:

    September 30th, 2013 at 8:06 am

    Does the Obama Admin’s partial bailout of Detroit change anything?

    White House to Free Up to $300M to Aid Detroit
    http://www.governing.com/news/local/White-House-to-Free-Up-to-300M-to-Aid-Detroit.html

    “The Transportation Department is speeding deployment of nearly $140 million in federal funds for improving transit that had been awarded but not yet handed out. Another $30 million in grants for public safety also will be announced.”

    Instead of filling a void in the services available for Detroiters the Detroit Bus company you mentioned will now face subsidized competition.  

  5. David Smith says:

    October 1st, 2013 at 7:27 am

    Great interview! While much of the news is grim and overblown, the upside is indeed that conditions unfavorable to predatory government mean great opportunity and getting back to reasonable human scale for truly sustainable living.

  6. Michael E Katz says:

    October 1st, 2013 at 9:07 pm

    So, Karen, what is your solution for normal people who can work only at ordinary jobs? Minimum wage, no health benefits, no pensions, take education away from their children, and work until dead?

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