By Steven Waechter. Posted Monday, Aug 5, 2013 at 6:35 am Filed Under: Economy, Featured
Sunday potluck with the extended family. It turns out I am the ‘Detroit’ of the family; the lost age of promise still lingers in the wreckage.
Detroit was the place that epitomized the whole “American Dream†sales pitch, where anybody could scrape up a second chance and win a decent living for yourself and your family. The landless, the uneducated, the minor hooligans, and even people so stupid that they wasted their youthful years chasing graduate degrees could get a fresh start in work that mattered and be rewarded their efforts. Detroit got there first.
It ended long ago, but a car can still roll on for a while after engine cuts out. It is now grinding to a halt; the final halt.
All the
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By Art Smith. Posted Monday, Jun 1, 2009 at 1:23 pm Filed Under: Economy, Featured
For those of you who are paying attention to the headlines, General Motors is officially filing for bankruptcy protection, but the kind that only you and I could dream of being provided (could be a nightmare). The US government is going to become a 60% owner of the company… yup, a controlling interest.
Goodbye capitalism. At least for GM. And anyone that still owns a Chevy, Caddy, or some other GM vehicle.
On the positive side, the government can now start cranking out as many Cadillac limos as it does $100 bills to support the government’s activities.
On the negative side, the government can now start cranking out as many Cadillac limos as it does $100 bills to support the government’s activities.
The Press, those …
Sunday potluck with the extended family. It turns out I am the ‘Detroit’ of the family; the lost age of promise still lingers in the wreckage.
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