“I have a very powerful statute. I have a more powerful Chapter - TopicsExpress



          

“I have a very powerful statute. I have a more powerful Chapter 9. … I’m going to accomplish this job. That is going to happen.” Like a Mafia hit man he added the threat, “Now look I’m a trial attorney. I can cut somebody’s throat and leave them to bleed out in the gutter with the best of them.” Playing the good cop-bad cop routine, he went on to suggest that he preferred a consensual agreement with city unions, pension trust funds and other creditors, which he will be meeting with this Friday. His plan, Orr said, “will require painful sacrifices from all interested parties.” In fact while some bondholders might lose a portion of their investments, many of which are insured, it will be the working class that bears the brunt of the pain. Orr’s mandate is to make sure the biggest banks that inveigled the city in billions of dollars of debt are fully paid. Revealing his aristocratic contempt for any semblance of democracy, Orr went out of his way to praise the billionaire CEOs of Quicken Loans and Little Caesar’s Pizza, Dan Gilbert and Mike Ilitch. Both are overseeing the “restructuring” of city, which envisions closing whole neighborhoods deemed too poor to rebuild and evicting of low-income residents from downtown and midtown Detroit to make way for the expansion of upscale housing and shopping districts. “All great cities have patrons who come to their assistance in times of need,” he said, pointing to the oil and steel tycoons Rockefeller and Carnegie. Both are well known not just for their philanthropic gestures but ordering the bloody repression of striking steelworkers in 1892 and miners in 1914. The composition of the audience and the questions asked also spoke to nature of the meeting. Few workers were in attendance. The crowd consisted largely of loyal opposition groups tied to the unions and the black Democratic Party political establishment in Detroit. These included Al Sharpton’s National Action Network and the Moratorium Now!, a group associated with the pseudo-left Workers World Party. The chief concern of the corrupt elements of the trade unions and “civil rights” establishment is that the emergency manager is cutting them out of any share of the privatization of city services and the selloff of public assets. Opposed to mobilizing the working class against the financial dictatorship in Detroit, during the question period representatives of these groups made pro forma protests, while basically appealing to Orr to work with them. While questions were pre-screened to prevent any genuine opposition, significantly, Orr allowed attorney Jerry Goldberg, a leader in the Moratorium Now! group, to speak and denounce the “racist, predatory lending policy of the banks.” Orr responded, “Thank you Jerry. When we met two and a half months ago, you expressed those same sentiments,” adding that Goldberg should look into the class action federal lawsuit against predatory lending. Orr’s fraternal comment reveals the intimate connection he has established with the so-called oppositionists inside and within the orbit of the unions and Democratic Party. Having taken their measure—and handed over the appropriate incentives to buy them off—he is proceeding with ruthless determination to attack the working class of Detroit. wsws.org/en/articles/2013/06/12/korr-j12.html
Posted on: Wed, 12 Jun 2013 16:03:48 +0000

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