The 2014 Detroit Bankruptcy

New law granting Detroit emergency manager sweeping authority goes into effect

By Jerry White, 29 March 2013

Powerful financial interests are using Detroit as a test case for imposing deeply unpopular measures in line with what is occurring in Cyprus, Greece and other European countries.

Tensions high at Chrysler Warren Stamping in wake of victimization

By Shannon Jones, 28 March 2013

Skilled trades worker Alex Wassell was fired for opposing the Alternative Work Schedule, recently implemented at the plant.

Emergency Financial Manager takes over Detroit

By Bryan Dyne, 26 March 2013

Kevyn Orr began the first day of his eighteen-month tenure as the state-appointed Emergency Financial Manager (EFM) of Detroit on Monday.

Detroit water and sewerage workers reject concession demands

By Jerry White, 26 March 2013

City workers at Detroit’s giant wastewater treatment plant overwhelmingly voted to reject a contract pushed by the American Federation of State, County and Municipal Employees Council 25.

Detroit Democratic politicans promote racial politics over emergency manager

By Larry Porter and Bryan Dyne, 25 March 2013

Detroit’s City Council and union bureaucrats declared that the financial takeover of the city was racist, even though the emergency manager himself is black.

Detroit Water and Sewerage Workers denounce contract

By a WSWS reporting team, 23 March 2013

The six-year sellout agreement is aimed at locking in place the automatic deduction of union dues from workers’ paychecks.

Detroit teachers and city workers:

Reject the concessions contracts! Mobilize against financial dictatorship in Detroit!

the Socialist Equality Party, 22 March 2013

This statement is being distributed to Detroit teachers and workers at the Water and Sewerage Department, voting on contracts today.

On eve of emergency manager take-over

Unions move to ram through concessions against Detroit workers

By Jerry White and Bryan Dyne, 21 March 2013

The sweeping concessions demanded from teachers and the city’s municipal employees give a picture of the draconian measures planned for the entire working class.

The managed bankruptcy of GM and Chrysler: A model for the assault on Detroit

By Jerry White, 19 March 2013

Detroit’s new Emergency Financial Manager is considering a “managed bankruptcy” to slash jobs, wages and pensions.

Detroit emergency manager threatens municipal bankruptcy

By Lawrence Porter, 18 March 2013

One day after being named Detroit’s emergency manager, Kevyn Orr threatened to use the bankruptcy courts to impose drastic cuts.

New Detroit emergency manager owes back taxes

By James Brewer, 18 March 2013

In a revelation by the Detroit News, Orr is found to have two outstanding liens on his Maryland home.

Politicians, media hail appointment of emergency manager for Detroit

By Lawrence Porter, 16 March 2013

The selection of Kevyn Orr as emergency manager is aimed at escalating the assault on the working class of Detroit.

Detroit’s emergency manager: Who is Kevyn Orr?

By Shannon Jones, 16 March 2013

Detroit’s new emergency manager is a ruthless defender of corporate interests

A financial dictator for Detroit

By Joseph Kishore, 15 March 2013

The new financial manager, bankruptcy lawyer Kevyn Orr, will have vast powers and one essential task: to escalate the attack on the working class.

Detroit workers denounce threat to impose emergency manager

By Usman Clemens, 13 March 2013

There is growing anger among workers and youth over Michigan governor Rick Snyder’s impending appointment of an emergency manager over the city

Former Detroit mayor convicted of racketeering and extortion

By Jerry White, 12 March 2013

After a five-month trial a jury on Monday found Detroit’s former mayor, Kwame Kilpatrick, guilty of 22 corruption charges.

The Detroit City Council begs Snyder, “We can do this without an emergency manager.”

By Lawrence Porter, 8 March 2013

On March 6 the Detroit City Council voted 7-1 to initiate a legal appeal of the decision by Michigan’s governor to name an emergency manager for the city of Detroit.

The collapse of Detroit: An indictment of American capitalism

By Jerry White, 7 March 2013

Wall Street’s financial elite celebrated a new record Dow Jones Industrial Average this week, even as the city of Detroit plunged towards bankruptcy.

Democratic backers of austerity pose as opponents of emergency manager in Detroit

By Lawrence Porter and Shannon Jones, 6 March 2013

Sections of the Democratic Party in Detroit are posturing as opponents of the impending appointment of an emergency manager by Republican Governor Rick Snyder

Brutal budget cutting, privatization planned for Detroit

By Lawrence Porter, 5 March 2013

Michigan governor Rick Snyder’s declaration of a “financial emergency” in Detroit is paving the way for the gutting of city services and a fire sale of public assets.

Michigan governor moves to appoint emergency manager in Detroit

By Shannon Jones, 2 March 2013

An emergency manager would have virtually dictatorial powers to void union contracts, cut services, sell city assets and privatize city functions.

Fight the bankers’ dictatorship over Detroit!

the Socialist Equality Party, 2 March 2013

The problem is not the lack of resources, but the monopolization of society’s wealth by the rich.

Review panel paves way for emergency manager in Detroit

By Shannon Jones, 21 February 2013

A state review panel declared a financial emergency in Detroit, setting the stage for new attacks on workers throughout the city.