America s cities on the edge

When a city is badly broken, it can be very tough to fix. Just ask Darren Green, president of a coalition of community groups in Trenton, N.J., where deep budget cuts in 2011 forced the city to lay off a third of its police force.

U.S. consumer debt highest since early 2008

U.S. household debt rose in the latest quarter by the most in more than five years and the share of student loans in delinquency hit a record high, data from the Federal Reserve Bank of New York showed on Thursday.,0,2093714.story

Detroit as a Template for Democracy s Destruction

By Chris Floyd

Over the past year, we have seen the citizens of a major American city openly, 'legally' stripped of the right to govern themselves and forced into a form of indentured servitude.

Jesse Ventura: Every baby born in US already $50,000 in debt

A baby born today in the U.S., when it takes its first breath of air, it is 50000$ in debt. Is that ringing home? We have no money to give anyone, how can you call us the richest country in the world when we are trillions and trillions of dollars in debt? How can you make a statement like that?

Infant Mortality in Detroit Rivals Many Third World Countries

Although the crime rate in Detroit is high, it's not the #1 killer of children in the city. Kids in the city are more likely to die from infant mortality than violence, according to The Detroit News.

From Information Clearing House


Federal Reserve steals from the poor and gives to the rich

US Rep. Ron Paul (R-TX) Campaign For Liberty


As recently as five years ago, it would have been unheard of for a Wall Street insider and former Fed official to speak so bluntly about how the Fed acts as a reverse Robin Hood. But a quick glance at the latest unemployment numbers shows that QE is not benefiting the average American. It is increasingly obvious that the Fed s post-2008 policies of bailouts, money printing, and bond buying benefited the big banks and the politically-connected investment firms. QE is such a blatant example of crony capitalism that it makes Solyndra look like a shining example of a pure free market!

Informant: Thomas L. Knapp


An Open Letter to You

William Rivers Pitt, Truthout: Modern America is not a country of compassion. As elected officials disrespect the poor, violence becomes a badge of courage and citizens die needlessly at the hands of a corrupt system, we are reminded that these injustices occur because we allow them to.

Zombie Politics and Casino Capitalism

Bill Moyers, Moyers & Company: "What's at stake here is not just the fact that you have rich people who now control the economy and all the commanding institutions of society. What you have is basically a transgression against the very basic ideals of democracy. I mean, it s hard to imagine life beyond capitalism. You know, it s easier to imagine the death of the planet than it is to imagine the death of capitalism."|-henry-giroux-zombie-politics-and-casino-capitalism

Bankruptcy or Bunko? The Right s War on Detroit s Public Pensioners

Douglas Jamiel, Truthout: The purposeful, ideologically driven assault on democratic government orchestrated by ALEC and forces in Michigan s Statehouse has starved already-ailing Detroit of revenues. Through the emergency financial manager, they will continue to redistribute public assets to corporate pockets.


The Crony Capitalist Mess?

Detroit: Resurrection Through Bankruptcy

Wars, Czars and the Zombie Majority

$14 Billion Up in Smoke

Warped, Distorted, Manipulated, Flipped Housing Market


The Empire Strikes Back: How Wall Street Has Turned Housing Into a Dangerous Get-Rich-Quick Scheme, Again

We Are Not Broke, We Have Been Robbed

What Really Made Detroit Go Bankrupt

Detroit Bankruptcy Bankrupts Democracy

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