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Detoit-Hipster Bubble Jeans?

Saturday, August 20, 2016 5:57 No Comments

Detroit Denim Company makes jeans by hand with an 87-step process in a factory that has been largely designed by art and design students. It’s all very cool, but the reality is evident. The luxury jeans start at $250. Before you think that will burn a hole in your pocket, Yelsma said it’s worth the [...]

This was posted under category: Boom-Bubble Phenomenon, Economics

Condos for Car Nuts, or, the $100k+ Man Cave

Monday, June 20, 2016 16:21 No Comments

Surely it’s ironic that a closed General Motors assembly plant in Pontiac, Michigan would become the new home to a “car aficionado playground,” or what is known as the M1 Car Condo project. To quote an article from MLive: DETROIT – There are many places where people meet in Metro Detroit to proudly display their [...]

This was posted under category: Boom-Bubble Phenomenon

FDA Claims the Power to Define Words

Tuesday, May 10, 2016 15:22 2 Comments

The FDA wants full control of the word “healthy.” To quote: The Food and Drug Administration will re-evaluate its definition of “healthy,” which could eventually upend how a range of foods are marketed. The gist of this is that the FDA will take full control of a word. The word “healthy,” and how it is [...]

This was posted under category: Food Politics

The Government-Airline Complex and Seat Czars

Tuesday, May 3, 2016 18:39 1 Comment

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