You Are Needed Now More Than Ever, 

 

A win in Detroit in the US Bankruptcy Court is a loss to everyone who cherishes fairness, honesty, and justice.  It is not just an attack on a small group of workers living in Detroit. It is an attack on honesty, candor and good faith, a way of life that far exceeds a fight for pensioners’ rights.   By remaining silent or detached from this issue you and millions of others here in the United States or elsewhere could be in jeopardy of losing everything, even life as you wish to live it.  

 

The city of Detroit’s leaders and cronies have defalcated while acting in their official fiduciary capacities. Time after time their mismanagement, willfully neglected duties, and overt acts became headline news and dominated the media.  Now humbled corrupted leaders asks the US Bankruptcy Court to turn its head as its new leaders with a brainstorm conjured up from the back of bar scheme to steal from senior citizens and other defenseless people.  This is not the honesty, openness, dealing in good faith that people should expect from government.  But because it has been allowed to fester in other states, cities, and private organizations it is now a trend that spreading like cancer.  The US Bankruptcy Court has rules such as 11 USC §523 (a) (4) and (6) meant to protect people from the corrupted behavior of state and city officials. The question is—are there other US Bankruptcy Court rules to over rule corrupted behavior.

 

I believe honesty, candor, dealing in good faith, laws, and all legitimate contracts are important. Everyone should have a reasonable right to expect them to be obeyed. Pensioners’ contracts are legitimate and must be upheld to instill honesty, dealing in good faith, and respect for the law. They are a way of life in any country, including America. They help in keeping the civility and order that we all enjoy. 

 

Why should you care about retirees, senior citizens, honesty, or the whether big brother evades the law using big bucks?  A bankruptcy ruling in favor of Detroit would in effect adopt a multi-factored amorphous due process rule that could allow states, cities, businesses or anyone to discharge any debt at any time. This means If you have a pension, 401K plan, a bank account, stocks, business credits, or is promised a salary and benefits you are a creditor. As such your claim for money owed to you can be discharged by your debtor through a bankruptcy filing without your permission same as the city of Detroit, a debtor is asking the US Bankruptcy court to turn its head to its own rules to discharge debts Detroit created through years of reckless, mismanagement, defalcation while acting in its fiduciary capacity and other overt acts.