Tag Archives: Detroit

Stop Hiding the Disaster – Face It and Take Responsibility

Former Packard automobile-manufacturing factory in Detroit, Michigan. At the time of its construction, it was the most modern automobile facility in the world.   The collapse of the financial system can no longer be hidden from the populations of Europe … Continue reading

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‘Nobody Saw It Coming’: Why Hillary’s `Clintastrophe’ in Michigan?

It is significant that Hillary Clinton, after a weekend spent mouthing absurd defenses of Barack Obama and Wall Street, lost a state primary March 9 in Michigan, in which polls had shown her 13-21% ahead just days earlier. She now … Continue reading

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Detroit Water Brigade memento from Dublin Sinn Féin councillors

THE Detroit Water Brigade, who travelled more than 4,000 miles from the United States to show solidarity with the Right2Water campaign, were given a special ‘James Connolly connection’ presentation by Sinn Féin. The gesture was made at an event hosted … Continue reading

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Meet Aurelius Vulture Fund: Argentina, Detroit, and now Puerto Rico Its Intended Victims

Panic is spreading in Wall Street, particularly among municipal-bond-holding mutual funds, as depression-wracked Puerto Rico verges on the brink of default on its public debt, which totals $73 billion. Backed by hedge funds and “buyers of distressed debt” (i.e., vulture … Continue reading

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“Moral Decay” in Detroit, Illinois Decision, Pensioners Robbed

Michigan and Illinois are among only seven states with clauses in their constitutions prohibiting cuts to public pensions. Yet by hook (Federal court in Detroit) and by crook (state legislature in Illinois), a ruling and a law last week ripped … Continue reading

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“Bail-in” Strikes Pensions in Detroit and Illinois

The Empire tried to further twist the “bail-in” knife into the heart of America yesterday. In Detroit, a Federal bankruptcy judge gave the go-ahead for the city to enter Chapter 9 bankruptcy and, explicitly, to eviscerate public sector retirees’ pensions, … Continue reading

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Danish Friends of Schiller Institute Campaign Is Off and Running on Glass-Steagall

Seven candidates representing The Friends of the Schiller Institute (SIVE) are running in the municipal elections in the two major cities, Copenhagen and Aarhus, led by Tom Gillesberg, the chairman of the Schiller Institute in Denmark. The election is on … Continue reading

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