Chicago debt crisis looms!

While all eyes are focused on a solution for Illinois’ state-run pension systems, Chicago’s own debt crisis is looming. Chicago taxpayers are on the hook for more than $63 billion in pension, health insurance and other debt. That’s the total debt of the city and its sister governments, as well as Chicagoans’ share of Cook County debt. […]

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

Michael Snyder Activist Post July 30, 2013 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 and the Chinese are moving in to pick up the pieces.  Lured by news stories […]