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Old 07-19-2013, 03:18 PM
n david n david is offline
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Join Date: Feb 2009
Posts: 17,807
Detroit Bankruptcy Denied!!

Thank you, Judge Aquilina!

This should take the news cycle back again...unless Obama pre-empts the nightly news to re-deliver his remarks about TM.

Quote:
Ruling that the governor and Detroit’s emergency manager violated the state constitution, an Ingham County Circuit judge ordered Friday that Detroit’s federal bankruptcy filing be withdrawn.

“It’s absolutely needed,” said Judge Rosemary Aquilina, observing she hopes Gov. Rick Snyder “reads certain sections of the (Michigan) constitution and reconsiders his actions.”
Quote:
With rumors of eminent bankruptcy filing swirling Thurssday afternoon, attorneys representing the pension boards hurried into Aquilina’s court to ask for a restraining order. But Snyder and Orr beat them by a few minutes, filing to take Detroit into the largest municipal bankruptcy in U.S. history.

Aquilina, who granted the restraining order, clearly was irked.

Prior to her ruling on Friday, she criticized the Snyder administration and Attorney General’s Office for what appeared to be hasty action to outflank pension board attorneys.

“It’s cheating, sir, and it’s cheating good people who work,” the judge told assistant Attorney General Brian Devlin. “It’s also not honoring the (United States) president, who took (Detroit’s auto companies) out of bankruptcy.”

Aquilina said she would make sure President Obama got a copy of her order.

“I know he’s watching this,” she said, predicting the president ultimately will have to take action to make sure existing pension commitments are honored.


Since when are Governors and Mayors supposed to "honor" the President???

This is golden!

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