91
91
Dec 4, 2013
12/13
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ALJAZAM
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i understand that mr. orrd today look that art collection is not going to get you enough money to make up the pension shortfall there has to be push me pull me through all of this, right. >> that is right. judge rhodes talked about that in his opinion today and said that will not som solve it whate said in his remarkable comments he said look we can fix the debt and bankruptcy but if these pensions get impaired that is a terrible out come for the social safety net and he basically opened up a call, i believe to the political leadership in the state and maybe in the country that says someone has to take care of these people because i can't do that as a bankruptcy judge and if the pensions do get impaired someone has to step up to the plate and that stoned sos like a political ini have invit. that may be what ed is talking about. >> he does have control on the legal level that is to say whatever plan is worked out, if it's too severe for the penk pensioners does he have authority to stop that going through. >> u
i understand that mr. orrd today look that art collection is not going to get you enough money to make up the pension shortfall there has to be push me pull me through all of this, right. >> that is right. judge rhodes talked about that in his opinion today and said that will not som solve it whate said in his remarkable comments he said look we can fix the debt and bankruptcy but if these pensions get impaired that is a terrible out come for the social safety net and he basically opened...
88
88
Dec 3, 2013
12/13
by
ALJAZAM
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. >> reporter: mr. orr you talked about [ inaudible ]. >> i said when i was in this room, i think on march 25th that everything was on the table. and that remains true even now these seven months later. we are at a point now, whereas you know, christy's was hired to produce an assessment on the phase i art the 500 or some odd pieces, we should be in a position to publish that assessment within the next week or two. that assessment will drive a discussion about what if anything we need to do with regard to the art museum. one thing that is helpful, is there has been an effort lead by judge rosen with some members of the philanthropic community to see if there are any financial incentives that can help us come to a solution. >> reporter: there are many people who are worried, retirees that are worried about today's ruling. what can you tell them that would put them in a better comfort zone than they are right now? >> you know, when i said i was very pleased, i very specifically stayed away from the word happy
. >> reporter: mr. orr you talked about [ inaudible ]. >> i said when i was in this room, i think on march 25th that everything was on the table. and that remains true even now these seven months later. we are at a point now, whereas you know, christy's was hired to produce an assessment on the phase i art the 500 or some odd pieces, we should be in a position to publish that assessment within the next week or two. that assessment will drive a discussion about what if anything we...
194
194
Dec 3, 2013
12/13
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MSNBCW
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mr. orr, you're only telling part of the story. roughly 30,000 retired workers are concerned about their pensions being cut. state law doesn't matter anymore. state constitution, hell, that's out the window. that doesn't matter anymore. governor schneider basically is getting absolutely everything he wants. city assets will be privatized and city workers will be taking a huge cut on their pensions. now, this is the systematic destruction of an american city with a great tradition in this country. it's a government coup without the violence. and it is completely unjustified and unnecessary. in the coming days, you're going to hear a lot from folks in the media saying stuff like this. >> this is a one-party state, to be totally clear, right? there is no political diversity of any kind in detroit. >> certainly in the city of detroit. they haven't had a republican mayor in 250 50 years. >> detroit is not an example of the failure of gop economic policies. it's been run by the democrats for 60 yea
mr. orr, you're only telling part of the story. roughly 30,000 retired workers are concerned about their pensions being cut. state law doesn't matter anymore. state constitution, hell, that's out the window. that doesn't matter anymore. governor schneider basically is getting absolutely everything he wants. city assets will be privatized and city workers will be taking a huge cut on their pensions. now, this is the systematic destruction of an american city with a great tradition in this...
166
166
Dec 3, 2013
12/13
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MSNBCW
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secondly when mr. orrbout democracy his presence is a direct repudiation of elected officials sworn in to uphold the laws of that state, in that case of detroit. there's a fundamental contradiction at the heart of this resolution and didn't have to come to bankruptcy. >> mayor bing, just one last question before we let you go. you are a mayor, a man of the people. you are hearing from constituents in a way a lot of other elected officials don't. what is the sense in detroit in and around this. were people thinking this happened and resigned themselves to it? what's the feeling in detroit right now? >> i think the feeling is now that you know we're into bankruptcy, we've all got to come together once again and figure out what's best for the long-term solution. i think there are people willing to come out and fight the business community, philanthropic community and citizens here. all together we have to fix the problem and fix it now. >> mayor of detroit dave bing, thank you so much for your time. >> thank
secondly when mr. orrbout democracy his presence is a direct repudiation of elected officials sworn in to uphold the laws of that state, in that case of detroit. there's a fundamental contradiction at the heart of this resolution and didn't have to come to bankruptcy. >> mayor bing, just one last question before we let you go. you are a mayor, a man of the people. you are hearing from constituents in a way a lot of other elected officials don't. what is the sense in detroit in and around...