Wednesday, July 24, 2013

DETROIT BANKRUPTCY [BK]: BIG FAT LIE, SUPID-DUH 'MERICA!

WE NEED TO GET THIS MATTER FIGURED OUT!
Digital dust isn't money, what this term of art means, since when!?
detroit-carries-sign-2012.si 
 
 


Leaked emails show that as far back as January, there were backroom discussions being held between Detroit and Lansing public officials and corporate law firm Jones Day suggesting that the best course for Detroit would be to send it through Chapter 9 bankruptcy.


When the FED can feed the zillionaires to the point of perpetuity 'rich', then certainly the Detroit people can nurse off Ben the Bernanke Bank of International Settlements [BIS Biz] and ITS' digital tit the FED.

http://www.globalresearch.ca/leaked-emails-reveal-conspiracy-to-throw-detroit-into-bankruptcy/5343714


All the talk about the tragic, “tough choice” to declare bankruptcy was a lie. There was even discussion of how to present it, so that local politicians would take as little heat as possible. One email from Jones Day lawyer Dan Moss to Orr notes, “Making this [bankruptcy] a national issue is not a bad idea. It provides political cover for the state politicians.” The same email also notes that a successful Detroit bankruptcy, and the requisite destruction of living standards, will open up further patronage jobs for Snyder and Bing—“Cabinet, Senate or Corporate”—once their terms are ended.

Jones Day was involved in the discussions on Detroit’s bankruptcy, and knew it was the end goal. As such, they positioned themselves to be hired by the city as its “restructuring consultant” to a tune of millions of dollars, and now stand to make even more. One estimate placed the legal costs for Detroit’s bankruptcy at around $100 million, of which Jones Day now will most likely make a significant fraction.

Even the late July 18 filing was carried out on a conspiratorial basis. Orr and Snyder rushed the bankruptcy filing to preempt lawsuits filed by pension trustees and public-sector unions seeking to block bankruptcy on the grounds that it would lead to unconstitutional pension cuts. Attorneys for Snyder reportedly asked the lawyers representing the pension funds for a five-minute delay before they sought a temporary restraining order to block the bankruptcy filing. During those five minutes, Orr’s attorneys filed the bankruptcy petition in Detroit.

GEITHNER WHELPS BEN FOR DIGITAL 'BONES?'


http://theartof12.blogspot.com/2013/01/blog-post_28.html

http://theartof12.blogspot.com/2013/02/march-4-2013-forbes-issue-two-awful.html

http://theartof12.blogspot.com/2013/04/diederik-stapel-another-world-class.html

http://theartof12.blogspot.com/2013/04/wikileaks-whistleblowing-heinz-henry.html

Very carefully Detroit must take the computer mouse and click 92 QUADRILLION into the budget and then, take the KAREER KRIMINAL KILLERS [KKK] into the facility where they can no longer harm their own families.

http://theartof12.blogspot.com/2013/07/us-92-quadrillion-federal-reserve.html

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