Detroit’s Chapter 9 ruling marks historic municipal bankruptcy
U S Bankruptcy Judge Steven Rhodes ruled Detroit may seek Chapter 9 protection as the city faces an $18 billion hole from debt and pensions. The piece cites long-term declines since the 1950s, failed reforms, and political choices that worsened finances. It notes Democratic leadership and corruption concerns and warns other cities and the federal government to learn from Detroit’s ruin.
MENTIONED IN THIS ARTICLE
U.S
Steven Rhodes
Detroit
Mich
Detroit Free Press
Washington, D.C
Congress
Wash
Ington
D.C
Free Press
Beyonce
Sam Cooke
Cal Thomas
Tcaeditors
Tribune. Com
Editorial The forgotten economic crisis
An unsigned editorial argues five years after a market collapse the United States still suffers economic anemia. It cites 7.3 percent unemployment, 11.3 million out of work, and 35-year labor-force lows, urging tax reform, regulatory rollback, expanded trade, immigration reform, and entitlement reform to restore growth, implying new lawmakers may be needed.
MENTIONED IN THIS ARTICLE
Washington
Iran
United States
America
Journal of Economic Growth
Capitol Hill
Where should you donate your money this season
The author critiques charitable giving and charity rating systems, arguing donors should watch recipients and donate to verifiable groups like The Doe Fund. They recount personal experiments panhandling, praise for rehabilitating ex convicts, and question grand philanthropic gestures by Turner and Buffett.
MENTIONED IN THIS ARTICLE
Africa
Doe Fund
Gut brain link drives stress related stomach pain
Doonesbury style advice explains how anxiety triggers GI symptoms through the brain gut axis. The enteric nervous system coordinates digestion and sends signals both ways, affecting appetite and pain during stress. Treatments include cognitive behavioral therapy relaxation and hypnosis. Dr Komaroff Harvard Medical School guides readers.
MENTIONED IN THIS ARTICLE
Doctor K
Komaroff
Harvard Medical School
Shattuck St
Boston
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