In the US plutocrats' war against the rest of the US population, Detroit Is the Front Line.

The banksters whose LIBOR lies pushed Detroit into bankruptcy will now get priority over pensioners for the city's money.

The argument offered for this policy is, essentially, a statement that banks hold our country hostage. We need to destroy the bankster regime, regardless of the short-term damage — because letting them continue to bleed us will be worse in the long run.