This entire process has been an UNCONSTITUTIONAL usurpation of power -- in other words: a COUP DÉTAT for the purposes of installing a de facto DICTATORSHIP. And yet what does the present and traditional leadership of the working-class do about it..??? ABSOLUTELY NOTHING. Because THEY TOO are in the pay of the financial oligarchy. The outraged working-class, OTOH -- with marxist strategists as an integral part of it -- WILL do something about this. And soon. The Detroit City Council and Mayor Mike Duggan reached an agreement this week with Emergency Manager Kevyn Orr to maintain the financial dictatorship over Detroit that was established with the appointment of Orr in March 2013. Worked out in closed-door negotiations, the deal is intended to ensure that the anti-democratic bankruptcy process continues, and that, after the city leaves the jurisdiction of the courts, political mechanisms are in place to continue to enforce the dictates of the banks. The bankruptcy is expected to conclude sometime this year with the approval of Orr’s proposed Plan of Adjustment by judge Steven Rhodes. Some powers have now been transferred to the mayor and the City Council under the deal, which also stipulates that Orr will eventually leave the post of emergency manager entirely. However, Orr will maintain significant powers until the bankruptcy is complete. After he leaves office, the actions of the city government will be overseen by a new “Financial Review Commission,” which will be tasked with enforcing budget cuts and austerity.
Posted on: Sat, 27 Sep 2014 15:22:54 +0000