"A Michigan Circuit Court Judge ruled Friday that Detroit's bankruptcy filing is unconstitutional and ordered the case be withdrawn from federal bankruptcy court.
"But Michigan Attorney General Bill Schuette said in a statement soon after the decision that he intended an immediate appeal to the Michigan Court of Appeals and would seek to block this latest order from taking effect while the appeal is heard.
"The order came in response to motions by lawyers for retirees and pension funds for city workers, who argue the state constitution prohibits cutting pension and retirement benefits, as has been proposed in the bankruptcy case."
http://money.cnn.com/2013/07/19/news/economy/detroit-bankruptcy-order/index.html
“’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.”
http://hotair.com/archives/2013/07/19/michigan-judge-halts-detroit-bankruptcy-because-it-dishonors-obama/
Remember -- Obama is watching.
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