Tag Archives: Detroit bankruptcy
Dow Slips on Oil, Fact and Fiction
Thursday, December 11, 2014
Econ 101: US stocks took a slide yesterday greased by the falling price of oil. The Dow Jones dropped 268 points as oil headed toward $60 a barrel, the lowest in five years. US oil production, among other factors, is …
Immigration Fight, Iraq Buildup
Saturday, November 8, 2014
The New Deal: President Obama and Republican leaders knocked heads at lunch yesterday over immigration reform. The newly empowered congressional bosses warned Obama not to take executive action and the president said he would do exactly that if he is …
Friendly Fire Kills, Lost Locks of Love
Tuesday, June 10, 2014
Friendly Fire: Five American Special Operations soldiers and one Afghan were killed by a “friendly” airstrike on their position. The team was conducting security operations prior to Saturday’s scheduled presidential runoff election when they came under attack by the Taliban. …
Christie’s Selfie, A-Rod Sues
Tuesday, January 14, 2014
Jersey Shore: Federal examiners are looking into whether Gov. Chris Christie’s administration improperly used a portion of $25 million given the state to promote tourism following Hurricane Sandy. The winning bid of $4.7 million for an advertising campaign was $2 …
Motor City Out of Gas
Wednesday, December 4, 2013
Bankrupt: The Detroit bankruptcy could set a precedent that excuses state and local governments from pension obligations they don’t have the money to pay. In allowing Detroit to file Chapter 9 bankruptcy yesterday, Judge Steven W. Rhodes also granted an …
Protests, The Odds, Thank You Mr. President
Sunday, July 21, 2013
National: Protesters rallied all across the country again yesterday demanding that civil rights charges be brought against George Zimmerman in the killing of Trayvon Martin. Al Sharpton’s National Action Network organized the demonstrations outside federal buildings in 101 cities. ➢A …
Iran Moderate Wins, Ten Cents on the Dollar
Saturday, June 15, 2013
Iran Vote: Moderate cleric Hasan Rowhani is the winner of the election to succeed President Mahmoud Ahmadinejad. He is expected to allow more personal freedom in Iran and be less confrontational with the West. National: Detroit’s emergency manager says some …
No Nukes For Iran, iPhone “Killer”
Friday, March 15, 2013
National: President Obama said in an Israeli television interview that Iran is still at least a year away from having a nuclear weapon, and that the US would never let that happen. He said he hoped to sway Iran with …