Detroit, Michigan, USA (July 10, 2013) -- The website http://www.detroit1st.com discloses that officials in the Department of Justice (DOJ), the White House, and the public were repeatedly warned that Detroit's extreme corruption and incompetence would lead to the city's bankruptcy. In numerous press conferences, interviews, emails, letters, and documents Detroiter Jerome Almon warned that specific elected officials and specific policies enacted by these officials were designed to loot the city's treasury. Mr. Almon specifically cited the casino deal signed by former mayor Dennis Archer as being the straw that would break Detroit's fiscal back. In an interview with the Las Vegas Sun during the casino approval process, Almon warned that Detroiter's were being deceived by their elected city and state officials on the economics of the deal (http://www.lasvegassun.com/news/1997/nov/28/barden-allies-may-join-anti-casino-opponents/#axzz2YfGy2jyd). According to a prominent and neutral study, Detroit lost out on $1.5 billion dollars in a lump sum payment from the casino owners, and $450 million a year due to the deal. The Detroit city attorney who led the efforts to sign the arrangement now works for MGM casinos (http://www.prnewswire.com/news-releases/phyllis-james-joins-mgm-mirage-as-new-senior-vp-and-senior-counsel-76279357.html) and mayor Dennis Archer works for casino companies in Ohio that compete against Detroit casinos, including one at the Ohio-Detroit border (http://www.toledoblade.com/Politics/2009/10/02/Gaming-exec-Toledo-casino-a-sure-bet.html).
Almon and the website also warned that Emergency Manager Kevin Orr would make the situation worse due to questionable expenditures. In recent days several media outlets have revealed that Mr. Orr has tripled the salary of City Councilman Gary Brown, Detroit is being charged $1,000 an hour by Mr. Orr's law firm, Mr. Orr has spent millions of dollars on other law firms for consulting on how Detroit can save money, and that Mr. Orr expected costs for taking Detroit into bankruptcy will exceed $100 million (http://detroit.cityandpress.com/node/6509978). Almon also predicted over a year ago that insurers would seek to void their contracts with the city, citing the fact that Detroit mayors and city council members knowingly participated in serial illegal activities that led to the city's fiscal collapse. The insurer Ambac Assurance announced 9 July 2013, that it will not cooperate in paying off its policy with the city of Detroit (http://www.insurancejournal.com/news/midwest/2013/07/10/297979.htm).
In a controversial interview with Australia's largest newspaper, The Sunday Telegraph, Mr. Almon details the exact deals and individuals who are responsible for the city's economic demise and its connection to President Obama (http://www.dailytelegraph.com.au/news/opinion/motowns-road-to-ruin/story-e6frezz0-1226426121204). The website http://www.detroit1st.com also notes that Detroit lost out on $10 billion in revenues and hundreds of thousands of jobs due to the ultra-corruption of state and city politicians. The website further cites that additional billions of dollars were shipped out of Detroit to destinations such as Hollywood, Las Vegas, Lebanon, Iraq, and South Korea. The website also predicts that an official Detroit bankruptcy will lead to a prompt America wide recession and Homeland Security disaster due to Detroit being the major crossing for the $600 billion in annual trade with Canada and the rampant terrorist incidents at the Detroit-Canadian border (http://www.thestar.com/news/canada/2013/04/12/forth_suspect_from_london_ont_sought_by_police_in_algeria_terror_attack.html). Mr. Almon has initiated a White House petition calling on President Obama to intervene in the issue due to serious ramifications to national security and the economy (http://wh.gov/lcGZ4).
Company Name:Detroit1st.comContact Person: Jerome Almon
Email:almonjer@gmail.com
Phone: 323-834-2372
City: Detroit
State: Michigan
Country: United States
Website: http://www.Detroit1st.com
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