The Craig Fahle Show

Grand Bargain Viewed as "Grand Bamboozle" by Some

Monday, June 9, 2014

Not everyone is pleased with the so-called Grand Bargain between the state, the Detroit Institute of Arts, some unions, foundations, and now automakers.

Emergency Manager Kevyn Orr joked last week on The Craig Fahle Show that the Grand Bargain was a "love train" of various factions, and was open for more groups who would like to participate. However, Reverend David Bullock, president of the Highland Park chapter of the NAACP, is not so warm toward what he calls the deal a "Grand Bamboozle."

"The way the deal has been packaged and presented... how come people seem not to be No. 1 on the asset list?" Rev. Bullock says. Bullock says the idea of Two Detroits -- the haves and have-nots -- is mirrored in Benton Harbor and Flint as well.

Bullock released this statement after the passage of the legislative bills dealing with Detroit's bankruptcy: "The package of bills passed by the Michigan legislature and championed by the governor are touted as a grand bargain, but in truth are a grand bamboozle. The state of Michigan has reduced and consistently reduces the statutory tax revenue due the city of Detroit facilitating the financial difficulty in Detroit and other municipalities. Now the state claims to assist Detroit and help pensioners provided that Detroit abandon assets and pensioners forsake key rights.

"If the state had the political will to aid Detroit, it would protect people not paintings by respecting the sacrosanct right to a pension and equitably sharing tax revenue.

"Additionally, the state would lead the way in making banks and corporations share more of the tax burden in Michigan and not balance budgets by violating rights, manipulating the legislative process and strangling the middle class. This package of bills protects Picasso and punishes the people," said Bullock.

-- Laura Weber-Davis