Detroit bankruptcy blamed on too little government says pundit
MSNBC host Melissa Harris Perry argues Detroit sought bankruptcy due to government being too small. She cites union staff, a large municipal workforce, heavy public spending, and pet projects like Renaissance Center and a People Mover. Critics note chronic bailouts and policy failures echo broader U.S. decline.
MENTIONED IN THIS ARTICLE
MSNBC
Melissa Harris- Perry
Detroit
U.S
Michigan
America
Philadelphia
Louisville
Rosemarie Aquilina
Indiana Ranger Spirit Surfaces in Fort Wayne Grandmother Defense
Fort Wayne woman Melinda Walker, a feisty grandmother, fought off three armed robbers in her home using a toy guitar. The incident echoes the Indiana Rangers history, with the 1807 force protecting settlers along the Buffalo Trace before Indiana statehood. Walker’s bold defense drew praise and media attention.
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Indiana
William Henry Harrison
Indiana Rangers
Buffalo Trace
Louisville
Vincennes
Ind
Texas Rangers
Walker
Texas Ranger
Hoosier State
Fort Wayne
Melinda Walker
Wane-Tv
Editorial: Fannie and Freddie Reform Must Respect Investors
The piece argues the 2008 bailouts created moral hazard through implicit government backing. It notes Fannie Mae and Freddie Mac profits in 2012 and criticizes unilateral Treasury changes that confiscated earnings. The author supports winding down the entities but through lawful means that compensate private shareholders and reduce government involvement.
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Fannie Mae
Freddie Mac
Feds
Fannie and
Freddie
Fannie
Freddie Mae
Congress
Obama
Treasury Department
Treasury
Fannie and Freddie
Fiat
Today in History Highlights for July 26
Highlights recap events on this date: Fidel Castro’s 1953 assault in Cuba, Castro's rise in 1959, Franklin becomes postmaster general in 1775, New York ratifies constitution in 1788, Sam Houston dies in 1863, Parsifal premieres in 1882, Bonaparte orders forerunner of FBI in 1908, What Happened to Mary serial release in 1912.
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Fidel Castro
Fulgencio Batista
Cuba
Castro
Batista
Benjamin Franklin
America
New York
U.S
Sam Houston
Republic of Texas
Huntsville
Richard Wagner
Bayreuth
Germany
Charles J. Bonaparte
Federal Bureau of Investigation
Edison Studios
Mary
Mary Fuller
Doonesbury on Parkinsons and Tai Chi Benefits
A discussion reviews Tai Chi as a potential nonmedication option for Parkinsons disease. A study from the Oregon Research Institute with 195 participants found six months of Tai Chi improved strength and balance, reduced falls, and slowed motor decline versus stretching or strength training. The article notes Tai Chi safe, with anecdotal resilience for a friend facing freezing and speech challenges.
MENTIONED IN THIS ARTICLE
New England Journal of Medicine
Oregon Research Institute
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Detroit News
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Ayn Rand
Andrew Rodney
John Stossel
Chuck Norris
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Associated Press
Doonesbury
Doctor K
Dr. K
United Media Syndicate