FBC The Willis Report July 23, 2013
We begin tonight with breaking news. Michigan court has put the brakes on three lawsuits trying to block detroits bankruptcy filing. It is a huge loss to the big labor unions fighting fiercely against cuts in the government pension. The ruling clears way for federal bank of the judge to consider the casee that begins tomorrow. What happens next in detroit could affect cities and towns around the nation. Do they have the right to reduce the pension promises it made to unions in good time when it will default on bondholders in bad times. That simple. With us now, an expert at the conservative he...