The Detroit bankruptcy ruling - World Socialist Web Site
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The Detroit bankruptcy ruling
5 December 2013
The Detroit bankruptcy ruling handed down Tuesday is a turning point in class relations in the United States. Approving the largest municipal bankruptcy in American history, the federal judge in Detroit essentially ruled that public employees do not have a right to pensions.
According to Judge Steven Rhodes, any city or state can use federal bankruptcy laws to strip workers of the benefits they earned during a lifetime of labor, even if a state constitution such as Michigan’s explicitly protects their pensions.