Tag Archives : bankruptcy


Rep. John Duncan: ‘Stop Trying to Take Care of the Whole World and Start Taking Care of Our Own Country’ 1

  Source: http://www.ronpaulinstitute.org By Adam Dick Rep. John Duncan: ‘Stop Trying to Take Care of the Whole World and Start Taking Care of Our Own Country’   Rep. John J. Duncan, Jr. (R-TN) brought one minute of hard-hitting reality to the United States House of Representatives on May 30, remarking that the United States government, […]

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Outlawing “Bankruptcy” in Europe

  Source: http://mises.ca By David Howden Outlawing “Bankruptcy” in Europe   The European Union (EU) is currently discussing banning “bankruptcy.” Not the actual financial act, but the word. Apparently there is a stigma attached to going bankrupt. It leaves people thinking that perhaps you are not credit worthy and that they should think twice about […]


What Recovery? Sears And J.C. Penney Are DYING 1

  Source: http://theeconomiccollapseblog.com By Michael Snyder What Recovery? Sears And J.C. Penney Are DYING   Two of the largest retailers in America are steamrolling toward bankruptcy.  Sears and J.C. Penney are both losing hundreds of millions of dollars each quarter, and both of them appear to be caught in the grip of a death spiral […]

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The Detroit Bankruptcy Contagion – Interview with Ellen Brown

  The Detroit Bankruptcy Contagion – Interview with Ellen Brown       Published by NextNewsNetwork LOS ANGELES | On December 3rd, Detroit became the largest city to declare bankruptcy in American history. This case, which went on four months, protected the city from creditors. While some government officials blame Detroit’s financial woes on a […]


Karen De Coster Discusses the Detroit Bankruptcy

  Karen De Coster Discusses the Detroit Bankruptcy     Published by       NextNewsNetwork   Karen De Coster interview with Gary Franchi for WHDT. The topic is Detroit and the city’s bankruptcy.

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Is the Consumer Financial Protection Bureau already “out of control.” Judicial Watch says it is

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Is the Consumer Financial Protection Bureau already “out of control.” Judicial Watch says it is     The CFPB falls under the umbrella of the Federal Reserve. It is funded by the Federal Reserve, which makes the Bureau very unique. Congress can’t reign it in fund wise, because the […]


Why Are The Chinese Gobbling Up Real Estate And Businesses In Detroit? 2

Source: http://endoftheamericandream.com By Michael Snyder   Why Are The Chinese Gobbling Up Real Estate And Businesses In Detroit?   Something very strange is happening to Detroit.  Once upon a time, it was the center of American manufacturing and it had the highest per capita income in the United States.  But now the city is dying […]

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Glass-Steagall: War on Wall Street

Glass-Steagall: War on Wall Street     Published by laroucheyouth Transcript: https://www.youtube.com/watch?v=rAw_RnoDmM0 Video description: In the war on Wall Street, Lyndon LaRouche has launched three critical flanks: 1. A new Pecora Commission must be convened; 2. We need a full expose of who in Congress actually belongs to Wall Street; 3. In the wake of […]


MSNBC: “Detroit is America’s Most Libertarian City”

Source: http://detroitrusttoriches.blogspot.com Posted by Karen DeCoster   MSNBC: “Detroit is America’s Most Libertarian City”   Don’t get too excited over that headline on MSNBC, because Ari Melber has not been reading my Detroit blog. MSNBC’s Ari Melber describes Detroit’s plight with the usual media rinse-and-repeat conventional spin straight from the standard script: debt up the wazoo, […]

7-28-2013 11-49-53 AM

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Eminent Domain and the Decline of Detroit

Source: http://www.againstcronycapitalism.org Eminent Domain and the Decline of Detroit There are about 100 reasons why Detroit is what it is today. More than that. But one of them, according to the attached article, is the city’s abuse eminent domain over the years. (From The Volokh Conspiracy) For many years, Detroit aggressively used eminent domain to […]