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Be careful what you wish for is good advice, and I'll be the first to admit that progressives may rue the day they celebrated historic changes to the Senate's filibuster rules.
Like when President Paul Ryan is packing the courts with pro-life judges in 2023.
Declining revenue, a drop in employment and large, risky Wall Street deals are the real causes of Detroit’s bankruptcy, according to a report by Demos, a liberal public policy organization.
Pension debt gets a bad rap in Detroit, but it isn’t the true cause of Detroit’s financial problems, said Wallace Turbeville, author of the Demos report.
Pension fund liabilities are not to blame for Detroit's descent into Chapter 9 bankruptcy protection, according to a report released Wednesday by Demos, a public policy advocacy group.
Detroit's bankruptcy was caused by a decrease in tax revenue due to a population decline and long-term unemployment, “not an increase in the obligations to fund pensions,” said Wallace C. Turbeville, a Demos senior fellow, and the author of “The Detroit Bankruptcy” report.
On Wednesday, Walmart workers called out or walked off the job at seven stores in Dallas, according to OUR Walmart activists, the group that has been organizing strikes and protests against the company. The company says that these were not independent actions but the result of activists being bussed between different store locations. [...]
Detroit's debts are a fraction of the $18bn lawyers pushing for bankruptcy say they are, and their costs are "irrelevant, misleading and inflated," according to a report released Wednesday.
A former Wall Street investment banker is taking Detroit Emergency Manager Kevyn Orr to task for blaming the city’s financial collapse, in part, on escalating pension and retiree health insurance costs.