The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label detroit. Show all posts
Showing posts with label detroit. Show all posts

Monday, December 22, 2014

East Cleveland mulls over filing bankruptcy

While the cities of Detroit and Stockton, California made headlines a couple of years ago for being the first major municipalities to file for bankruptcy protection, the next one in America may be just around the corner.  On Dec. 11, members of East Cleveland’s city council publicly talked about the potential for the Ohio municipality to have to file bankruptcy because the Cleveland suburb is pretty much insolvent.


Read more on this article here...

Monday, October 28, 2013

Underfunded pensions across the country begin to wreak havoc on retirees

A proverb from a wise book once stated, the love of money is the root of many evils.  In the secular financial world, that same axiom is transposed into a secular understanding that reads, the control of money is the control of many evils.
Which is why many Americans across the country are beginning to experience the consequences of trust and reliance upon government agencies and financial institutions when it came to their retirement.  In new programs being implemented across several states, underfunded pension funds are being re-evaluated due to the substantial losses incurred by reckless fund managers, and it is the recipients, not the pension fund managers, who are being taxed and penalized with massive payback demands for money they may have received above their monthly allotments.
 
Read more on this article here...

Thursday, May 24, 2012

Detroit: Turn out the lights because the party is over

For decades, the City of Detroit was the paragon of industry and production in the U.S., but now, it is a shell of its former glory.  Population flight, industry moving offshore, and a massive budget deficit has now led legislators in the once proud city to cut city light services to half of the municipality.



Detroit, whose 139 square miles contain 60 percent fewer residents than in 1950, will try to nudge them into a smaller living space by eliminating almost half its streetlights.

As it is, 40 percent of the 88,000 streetlights are broken and the city, whose finances are to be overseen by an appointed board, can’t afford to fix them. Mayor Dave Bing’s plan would create an authority to borrow $160 million to upgrade and reduce the number of streetlights to 46,000. Maintenance would be contracted out, saving the city $10 million a year. -  Bloomberg
With crime and poverty already on the rise, this move, while fiscally necessary, will only increase violence as the hot summer months come, and unemployed citizens seek the only avenues they have left since Government Motors moved out of town, and turned off their own lights.

Tuesday, February 14, 2012

The future of America can be seen through the eyes of Detroit

The Economic Collapse blogsite came out February 13th with a unique perspective of how American as a whole might look in the future through the eyes of one of its former economic marvels;  The city of Detroit.  Before its fall, and near fatal status, the motor city was known worldwide for its industry and production, but today is almost a ghost town where police limit their response areas, and complete sections of the city are in total disrepair.

The Economic Collapse has compiled 20 things we can learn from the death of Detroit, and here are just a few.

#1 People don't want to live where the stench of failure and decay is constantly in the air. Back in the 1950s, Detroit was a teeming metropolis of approximately 2 million people. According to the 2010 census, only 713,000 people live in Detroit today. The U.S. Census Bureau says that Detroit lost a resident every 22 minutes during the first decade of this century.

#2 When the economy falls apart, desperate people will do desperate things and many homeowners will fight back. Justifiable homicide in Detroit rose by a staggering 79 percent during 2011.

#4 When there is not enough money to go around, a lot of local governments will choose to cut back on police protection. Ten years ago, there were approximately 5,000 police for the city of Detroit. Today, there are less than 3,000.

#6 Economic decay is a breeding ground for chaos and violence. Last Friday and Saturday, a total of nine shootings were reported in the city of Detroit.
#9 When criminals become desperate, they will steal literally anything that is not bolted down. In Detroit today, thieves have stripped so much copper wiring out of the street lights that half of all the lights in some neighborhoods no longer work.

#11 One of the clearest signs of decline in America is the state of our education system. Only 25 percent of all students in Detroit end up graduating from high school. Many other major cities will soon have graduation rates similar to Detroit.

#13 A growing percentage of Americans cannot even read or write. This is a very frightening indication of what the future of America could look like. According to one stunning report, 47 percent of all people living in the city of Detroit are functionally illiterate.

#15 The employment situation in America is a lot worse than the government is telling us. An analysis of census figures found that 48.5% of all men living in Detroit from age 20 to age 64 did not have a job in 2008.

#16 When a major city becomes a hellhole, home prices fall like a rock. The median price of a home in Detroit is now just $6000.

The U.S. economy never recovered from the last major financial crisis, and now another one is on the way.

As the economy crumbles, so will the fabric of our society.

The American people are terribly spoiled and they do not possess the character to handle depression-like conditions with grace and dignity.

Monday, September 26, 2011

Congress does what Congress does best... passes two month budget to nowhere

Congress, afraid of having to stay late before their extended vacation next week, was able to pass a new.... wait for it....

Stopgap budget!  A two-month budget to nowhere.

Why Americans even bother to elect Congressmen anymore when they seem to have the literacy rates of Detroit is beyond this observer.

Ahh well... come November 18th, Congress will once again huff and puff, and do a humpty-dumpty, claiming themselves celebrities for passing another small extension before zooming off for a Christmas only the rich can enjoy.