While banks, auto companies and the state of Michigan itself have all been bailed out with taxpayer money, Detroit has not received bailouts from anybody
Indeed there is civil unrest! Workers cry out for justice, as workloads grow and wages stagnate while owners' profits soar, as jobs are sent overseas.
Given the revenue streams that go straight to Wall Street from Detroit, it is not far off to characterize any emergency financial manager as a Wall Street financial dictator.
As the deadline for the Senate super committee draws nearer two new studies highlight what's at stake.
This is a volatile moment: The class struggle is intensifying and the outcome is still to be decided. The battle is for the future of our democracy, economy, and country.
What do these two seemingly different events - the recent China trade deal and the Occupy movement - have in common?
The big-name Boston Consulting Group issued a report titled "Made in America Again: Why Manufacturing Will Return to the U.S." But the key word in the title is why.
Lack of demand, not government regulation, is the big problem with the economy.
As important as the troop withdrawal is what happens to them after they leave. Will they go now to Afghanistan? Will they serve in some other location abroad?
Workers everywhere are suffering from the economic crisis and jobless "recovery." Some, however, fare better than others.