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Detroit on the Auction Block

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by BAR executive editor Glen Ford

With startling speed, a bankruptcy judge has moved Detroit to the auction block, with the banksters pre-positioned to pick the bones of the Black metropolis. Racism makes Wall Street’s mission infinitely easier. “Detroit is the golden opportunity to shape anti-democratic legal precedents that can be applied, nationwide, with the least resistance from the white American public.”

 

Detroit on the Auction Block

by BAR executive editor Glen Ford

The city is guilty of excessive Blackness and must be punished.”

The corporate plan to abolish the last vestiges of urban democracy in the United States is proceeding on a “hyper fast track” with this week’s court ruling that Detroit is eligible for bankruptcy “protection.” Judge Steven Rhodes quickly made clear that the only parties to be protected in his venue are the bankers that will get first crack at the Black metropolis’s remaining assets. Public workers’ pensions, he ruled, are not entitled “to any extraordinary attention” under federal bankruptcy law, despite the Michigan state constitution’s prohibitions against tampering with or diminishing pension benefits. The stage is now set for Kevyn Orr, the state-imposed Emergency Financial Manager, to put Detroit in hock to Britain’s Barclays Bank for $350 million, in order to pay off Bank of America and UBS for a 2005 derivatives deal with the city. Barclay’s would then become Detroit’s “super-priority” creditor – King Predator – with first dibs on all city incomes and assets over $10 million.

The trial on Detroit’s “restructuring” begins December 17 in Rhodes’ court but, based on his conduct since assuming jurisdiction, there is little doubt of the outcome. The judge is an empathetic hangman who listens patiently to the pleas of the people – and then swiftly condemns them. He agreed with the pensioners that Orr had failed to negotiate in “good faith” with the unions, but then ruled that the petition for bankruptcy had been filed in good faith – which somehow negated Orr’s bad faith negotiations.

Rhodes has greased the skids for the banksters.”

Municipal bankruptcies are very rare, and tend to be long and tortuous legal ordeals, but Rhodes has greased the skids for the banksters to gulp down the city like fast food. He is on an accelerated Wall Street schedule, and there is no time to waste. Detroit is the golden opportunity to shape anti-democratic legal precedents that can be applied, nationwide, with the least resistance from the white American public. The city is guilty of excessive Blackness (82%) and must be punished. In a racist society, Detroit’s bankruptcy fits perfectly the legal maxim that “hard cases” or “great cases” make “bad law.” Whites can be expected to applaud a negative judgment on a Black city, with little thought to the ramifications for their own situations. Michigan voters, who rejected the idea of state emergency managers in a referendum, nevertheless favored Orr’s filing of bankruptcy for Detroit. Whites have always made exceptions to common notions of justice when it comes to African Americans, resulting in grotesquely bad laws.

Wall Street is counting on reflexive racism to smooth the path to a new legal and social order, where capital is unencumbered by democratic constraints. Having already succeeded in disenfranchising a majority of the Black population of Michigan, there are now fewer legal impediments to doing the same thing to whites. After all, thanks to the Black Freedom Movement of the Sixties, the law is race-neutral.

Kevyn Orr, Judge Rhodes and Michigan’s Republican Governor Rick Snyder work for the banking cartel – as does President Obama and the leaders of the Democratic Party, who have done nothing to interfere with the urban doomsday process that is unfolding in Detroit. (Barclays Bank and UBS, the prime beneficiaries of Orr’s restructuring plan, were just this week cited for taking part in a massive conspiracy to rig global LIBOR interest rates, in what has been called the greatest financial collusion of the century.) Finance capital, which creates nothing, is confiscating the wealth of the world. In the U.S., a thin veneer of democratic structures stands in the way. Therefore, restructuring is in order. What better place to start than in Detroit, a city filled with people who can be made exceptions to democratic norms.

Soon, the exception will become the rule.

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

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Comments

Black Crimes Against Humanity

I agree with Sabido 100 percent, but let’s be more specific:

1.   Black conquistadors and the other black people that followed them were responsible for the genocide of possibly more than 100 million indigenous peoples of the Americas.

 2.  The Slave Trade carried off,  killed,  and broke another hundred million white people or perhaps even more more.

3.   The black bastard Nazis murdered close to ten million innocent Jewish, Gypsy, mentally ill, and homosexual civilians.  Plus, they killed approximately 25 million Russians alone in World War Two.

4.    Kareen Abdul Harry Truman dropped atomic bombs on two cities in Japan, killing hundreds of thousands and poisoning hundreds of thousands more although there was no military advantage in doing this.

  5.  Among communities controlled by blacks, a vicious system called “apartheid” kept white people restricted to ghettos, prevented them from getting a good education or good jobs, and treated them like second class citizens and subhumans.

I’ve met some well intentioned blacks who claim they are ashamed of the past and are anxious to promote a more just society where whites are not the victims of discrimination.  But it’s difficult for me to forgive them because of what's been done to my people in the past 500 years.

 

Detroit was called, "The

Detroit was called, "The Paris of the West" before the nigger infestation started back in the 1950's and 60's. Niggers ran it into the ground and now they are whining when humans are trying to rememedy the situation. You apes should have no say in how it is done, because if left to you, it would be destroyed even further. Look at nigger infestation around the world, Haiti, Zimbabwe, etc... You apes are not civilized, you're not even human!

Instant ghetto, just add niggers!

DETROIT

I don't know if it's true..but someone commented this morning that Detroit owns a collection of art worth over $20 BILLION dollars. If so..why isn't anyone suggesting that they sell this..or part of the collection instead of not paying the pensions they were legally required to.

I would also suggest that the federal government cut back on the billions of financial aid to Isreal, Egypt, Libya, Afghanistan, Pakistan, and send some financial aid to Detroit. 

Art collections, like the city, belong to the people of Detroit

One of the causes of the plight of Detroit was allowing GM to spend one single penny of their bailout money outside of Detroit. After the bailout GM quickly spent millions in building a Research and Development center in China, and expanded their parts manufacturing also in China. Why was this money not spent in Detroit? Why weren't the Detroit workers the immediate beneficiaries of any money flowing into GM?

The Art Collection was paid for by the workers. It belongs to them. Why should any vestige of civilization be stripped from them? Their tax dollars went into not only collecting fine art but also paying for the building and the people who work there. That is rightfully their property and they should have the fnal say of what happens to their collection.

I'm not saying bailing out GM was wrong, what I am saying is every single cent should have been spent in Detroit.



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