I believe this is an important indication that the end game foreshadowed in Michigan is about to be sprung across the US. As with all corporate policies piloted overseas, it's time for these attacks to come home. As with all corporate attacks against common people, these policy shifts behind them will not be disclosed in the corporate propaganda media.
If you own massive stock portfolios, you want the new fascism or inverted totalitarianism (aka neoliberal capitalism). It's all part of being "cleaner and safer."
"Why would regulators dangerously jeopardize state and local government budgets in this way? Skeptical observers speculate that the intent is to Detroit-ize municipal governments, so that assets can be stripped as is being done in that imperiled city. The international bankers got away with asset-stripping Greece. Why not make the US itself a wholly-owned subsidiary of private banking interests?
If that seems far-fetched, consider what is happening with Argentina, which has been forced into bankruptcy by a US court to satisfy the exaggerated claims of certain hold-out vulture funds. IMF regulators have discussed establishing an international bankruptcy court that could strip a country such as Argentina of its assets, including prime sections of real estate, to pay off the nation’s creditors."
www.truth-out.org/news/item/26056-preparing-to-asset-strip-local-government-the-feds-bizarre-new-rules
