VIA Dino Torres :: As the Michigan Citizen reported, residents with delinquent water bills are losing their water while prominent Detroit corporations with much larger delinquent water bills are being left alone. The Palmer Park Golf Club owes $200,000. Joe Louis Arena, home of the Detroit Red Wings, owes DWSD $80,000. Ford Field owes $55,000. Kevyn Orr is arguing that the shutoffs are necessary to pay for the DWSD infrastructure – yet when Detroit raised $1 billion in bonds to pay for new infrastructure, $537 million of it went to banks like JPMorgan Chase, UBS and Morgan Stanley to pay off interest instead.
Posted on: Sun, 20 Jul 2014 04:32:33 +0000