Detroit's bankruptcy brings up more than finances - latimes.com: "DETROIT — Sheilah Johnson was a building inspector for the city for 28 years, a college graduate who passed up jobs that paid more because a city job offered stability and the promise of a good pension. (Yeah, right...)
But the city's recent plunge into bankruptcy — overseen by an outside emergency manager answerable to the state government, not the citizens of Detroit — makes her wonder whether she and other African American residents of the impoverished city will be able to stop Wall Street creditors from seizing what's left of a municipal treasury they paid into for most of their lives. (Umm, dear.... there is nothing left in the treasury. You spent it all. It's not the banks that want money. It's the UNIONS who bankrupted the city that want the money!)
"When my 9-year-old grandson asks me, 'Grandma, are they trying to make us slaves again?' how do I answer that child?" Johnson said, breaking into tears during court hearings over the city's bid to launch the nation's largest-ever municipal bankruptcy.
"We do not need a slave owner, and I am not a slave.""
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