Detroit Ground Zero for Economic Collapse Pt 4

Thin Ice From Here to the Horizon By ALEXANDER COCKBURN On any rational assessment the popular new president is skating on thin ice. Pollyanna bulletins about the economy puff up from the White House and Federal Reserve, like auguries of a new Pope through the Vatican chimney. Habemus spem. We have hope. Weve just heard it from President Obama: “We are starting to see glimmers of hope across the economy.” From Fed Chairman Ben Bernanke, whos so far unleashed trillion in booster money, we …

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