Detroit

When Was America's Peak Wealth?

"...was America at its richest right before or right after Nixon took the country off the gold standard in 1971?"

How Much Must A Family Earn To Live In Each Major US City

The top three most expensive cities to rent in worldwide are American: San Francisco, New York City and Boston. At $1.09 per square foot, Detroit is the cheapest of the American cities included, and is more affordable than Cape Town, Bangkok and Jakarta.

Is The Left Playing With Fire Again?

To those who lived through that era that tore us apart in the ’60s and ’70s, it is starting to look like “deja vu all over again.”

16 Fake News Stories Reporters Have Run Since Trump Won

We are in the midst of an epidemic of fake news. Since at least Donald Trump’s election, our media have been in the grip of an astonishing, self-inflicted crisis. Despite Trump’s constant railing against the American press, there is no greater enemy of the American media than the American media. They did this to themselves.

Frontrunning: January 30

  • Trump aides call travel ban success despite broad criticism (Reuters)
  • Trump’s Immigration Ban Promises Constitutional Showdown (BBG)
  • Trump Team Kept Plan for Travel Ban Quiet (WSJ)
  • Trump Era May Mean Fireworks on Fed Days (BBG)
  • Bannon Seizes a Security Role From Generals (NYT)
  • Don't let Trump embarrass our queen, say a million Britons (Reuters)

Global Stocks, Futures Slide On US Protectionism Worries Following Trump Travel Chaos

European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan.  Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday.

America's Water Wars - Conflict Is Coming

In short, the water affordability crisis is not something that is a few decades off, or even a single decade off: More than 40 million American citizens could find themselves unable to afford water in the next five years if both stagnating incomes and increasing water prices stay on their current trajectories. Resource scarcity breeds conflict.

The Dallas Pension Fiasco Is Just The Beginning

The recent blow-up of the Dallas Police and Fire Pension System was entirely predictable. The combination of overpriced financial markets, inadequate contributions and overly generous pension promises mean dozens of US local and state government pension plans will end up in the same situation.

"Get Paid Fighting Against Trump" - Ads Across American Cities Reportedly Offer Money To Inauguration Agitators

Job ads running in more than 20 cities offer $2,500 per month for agitators to demonstrate at this week’s presidential inauguration events. Demand Protest, a San Francisco company that bills itself as the "largest private grassroots support organization in the United States," posted identical ads Jan. 12 in multiple cities on Backpage.com seeking "operatives," to "Get paid fighting against Trump!"