The documents and emails provide irrefutable evidence that Detroit's bankruptcy is due to corruption and incompetence rather than the lack of revenues. The website and news outlet point out that Detroit missed out on $1.5 billion in revenues and an additional $450 million annually due to political leaders deliberately signing a deal they knew to be a fiscally unsustainable. Documents show that an additional $150-$200 million was lost due to a single corrupt act by a former mayor of the Motor City. The documents and emails demonstrate that Detroit lost over $6 billion in revenues due to inexplicable incompetence and corruption and a minimum $4.5 billion in unwarranted costs to tax payers.
The emails and documents implicate Michigan Governor Rick Snyder, former Governor Jennifer Granholm, Attorney General Eric Holder, and numerous Detroit politicians in several cover ups that led to Detroit's economic demise. Other names and entities contained in the documents and emails range from a foreign Prime Minister, the vaunted Bundespolizei, Scotland Yard, Eminem, the State Department, the White House, and President Barack Obama.
The website (http://www.Detroit1st.com) will begin posting the information beginning 6 July 2013 which includes a plan that would bring Detroit to immediate solvency without the drastic cuts and continued raiding of tax payer funds by emergency manager Kevyn Orr and Governor Rick Snyder. The website provides evidence that Mr. Orr has kept information from the public and media which show Detroit can meet its obligations without filing bankruptcy. The website and media outlet also question moves made by Mr. Orr such as hiring current Detroit Councilman Gary Brown at triple his current salary using tax payer funds. The hiring of Mr. Orr's law firm is also brought into question due to the fact the city of Detroit currently is doling out at least $20 million in tax payer revenue to law firms to provide studies on how Detroit can save money.
Contact Person: Jerome Almon
Country: United States