Detroit Bankruptcy: Wall Street, Lost Revenues Forced Decline, But City Pensioners to Pay the Costs | Democracy Now!

Detroit Bankruptcy: Wall Street, Lost Revenues Forced Decline, But City Pensioners to Pay the Costs | Democracy Now!

What concerns you the most about the Detroit bankruptcy deal? Do you think Detroit’s unions will be able to protect the public pensions?

"Michigan went the way of the Tea Party," says Wallace Turbeville. "So there is this tension between the urban centers which have a lot of influence from trade unions, and the Republican rest of the state. From a political standpoint, it serves interests of Governor Snyder and his party, to undercut the role of trade unions."