Everyone is congratulating Michigan Gov. Rick Snyder and his emergency manager, Kevyn Orr, for helping to craft a bankruptcy settlement in Detroit.
J Street, the six-year-old "pro-Israel, pro-peace" liberal Jewish organization, with some 180,000 members and supporters, met in San Francisco June 7-8 in its first national summit on the West Coast.
There's a long way to go. And, unfortunately, the politicians who enabled the corporate criminals on Wall Street seem to be beyond the law's reach.
The world's largest industrial, worker-owned and run cooperative, Spanish-based Mondragon and its bank, Laboral Kutxa, agreed to partner with U.S. based National Cooperative Bank to invest in U.S. cooperative businesses.
After a tumultuous meeting drawing hundreds of residents, the Richmond City Council voted to continue exploring a plan to rescue underwater mortgages by using the power of eminent domain.
Detroit is the canary in the coalmine, warned speakers at a public forum on the city's bankruptcy, held this past Saturday, sponsored by Congressman John Conyers Jr.
The Jackson Hole conference attended by many of the world's top economists, central bankers and policy makers revealed divisions over current Fed stimulus policy.
The willful wrongdoings of Bank of America were "put on trial" this week. The jury was composed of 200 housing and labor activists and the witnesses against BoA were actors playing parts. But the testimony was real.
An online petition, supported by the Detroit branch of the NAACP, is calling on Kevyn Orr to resign for "vile and callous"comments.
Blame for Detroit's decline, and solutions Governor Rick Snyder and his appointed Emergency Manager Kevyn Orr proposed in today's bankruptcy press conference, left key players in that decline blameless.