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SHOCKER! Koch brothers working to scuttle Detroit bankruptcy settlement

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Originally posted at Eclectablog.com.

In a shocking development that surprises absolutely nobody, we learn that the Koch brothers, through their front group Americans for Prosperity, is working overtime to sabotage the "grand bargain" settlement that would bring the city of Detroit out of bankruptcy, save the Detroit Institute of Arts' priceless art collection, and keep innocent retired pensioners from being thrown into abject poverty by slashing their pensions.

Americans for Prosperity, the conservative advocacy group supported by the Koch brothers, has launched an effort to torpedo a proposed settlement in the Detroit bankruptcy case, potentially complicating chances for completing the deal just as its prospects seemed to be improving.

The organization, formed to fight big government and spending, is contacting 90,000 conservatives in Michigan and encouraging them to rally against a plan to provide $195 million in state money to help settle Detroit pension holders' claims in the case, a key element of the deal.

The group has threatened to run ads against members of the Republican-controlled Legislature who vote in favor of the appropriation before the state's August primary. An initial legislative vote may come this week.


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