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The Government-Airline Complex and Seat Czars

Tuesday, May 3, 2016 18:39 No Comments

It’s not news that the government has systematically destroyed the airline industry via its regulation and war on terror. Flying, at least to me, has become the most unpleasant act I can ever undertake while paying for the non-service. What has become a huge nuisance is the seating arrangements on airlines. So few seats are [...]

This was posted under category: Fascism

More Death and Destruction From the Warfare State

Tuesday, April 19, 2016 20:35 No Comments

Detroit media has been running investigative reporting that has unveiled a rarely discussed legacy of the warfare state: its abandoned military bases and toxic aftershocks. Wurtsmith Air Force base in Oscoda, Michigan (the northeastern-ish lower peninsula) was closed in 1993, but it was known as early as the 1970s that groundwater contamination in and around [...]

This was posted under category: Corporatocracy, War

Detroit Public Schools: Broke and Corrupt

Monday, April 18, 2016 7:58 No Comments

As the Detroit Public Schools (DPS) scandal unfolds, the truth about Norman Shy continues to be revealed. Shy became immensely wealthy, and at least one way he did so was to become an “approved vendor” for DPS, allowing him to run a kickback scheme with the help of at least a dozen school principals. Here, in [...]

This was posted under category: Public Uneducation

Auto Bubble: Federal Reserve Policy Shifts Spending Patterns

Wednesday, April 6, 2016 16:06 No Comments

Fiat Chrysler is laying off workers at its assembly plant right near my house. Fiat Chrysler says it will lay off about 1,300 workers at an assembly plant in Sterling Heights this summer for an indefinite time due to slow sales of midsize cars made at the factory. …”While today’s announcement of a shift reduction [...]

This was posted under category: Automobile Industry, Bubble Economy

LGBT … Q

Monday, April 4, 2016 21:15 1 Comment

This was deemed important enough to be a front page headline in the Sunday Detroit Free Press. Yet, so few libertarians have the cojones to weigh in on this special interest-motivated, political-class victimology that smacks down the worshipped non-aggression principle and private property rights. Why? The silence is deafening.

This was posted under category: Victimology State

Pay $28 to Get Locked in a Room

Wednesday, March 16, 2016 9:47 No Comments

In a bubble, unsustainable business models become epidemic. This one is no exception. A brick-and-mortar escape game. A new downtown Detroit business will charge people $28 to be locked in a room with strangers for an hour. To escape, they must solve a series of increasingly difficult riddles. Only about 20% of players in this game are expected to finish the [...]

This was posted under category: Bubble Economy

Did People Really Not See the Auto Bubble?

Wednesday, March 16, 2016 7:37 No Comments

The auto bubble and its potential for collapse is finally getting attention. To quote: The rate of seriously delinquent subprime car loans soared above 5% in February, according to Fitch Ratings. That’s worse than during the Great Recession and the highest level since 1996. It’s a surprising development given the relative health of the overall economy. [...]

This was posted under category: Automobile Industry, Economics

When Will the Lumbersexual Bubble Go Boom?

Wednesday, March 9, 2016 22:38 1 Comment

The Detroit resurrection of recent years is being tainted by the inanities of a creeping bubble, and accordingly, a multitude of poorly-allocated business investments. Once again, existing businesses have been growing at unprecedented rates and new businesses are springing up overnight, and that is in spite of many recent contractions and/or failures in the retail sector. [...]

This was posted under category: Detroit, Economics

General Motors Borrowing Dough to Fund Pension Liability

Friday, February 19, 2016 18:19 No Comments

The headlines have been going all happy on the Big Three and their record auto sales in 2015. This here is as foolish as it gets: Those in the automotive industry and pretty much everyone in Michigan needs to step back and appreciate this: For the Detroit Three and anyone involved in the car industry, these are the [...]

This was posted under category: Automobile Industry

Are People Going Insane Again?

Sunday, February 14, 2016 6:58 3 Comments

Looking closely at the financial markets; corporate earnings; contractions in various industries (retail, food service, manufacturing, entertainment, and financial services); stock trends of bloated, over-expanding companies that rely on the discretionary income of their customers; job markets; and overall stoppage in economic growth, I absolutely believe we may be in (or at the very beginning [...]

This was posted under category: Economics