In 1974, Coleman Young was elected mayor of Detroit. He was the first African-American mayor of Detroit. Young had flirtations with the Communist Party but disavowed any real membership. When Young took over as mayor of Detroit the unemployment was 9%. When he left office in 1993 it had grown to 11%. When Young died the worst Read the full article…
The Federal Government wants you to buy an electric car. So much so that the same government will spend money it doesn’t have to encourage you to buy such a car. A $7,500 tax credit for most electrics, like the Chevy Volt. The Energy Department did a calculation that says it costs$1.14 a gallon equivalent Read the full article…
Here’s a stock purchase opportunity. The sales volume is down 35% in the past 10 years. Projections are down another 25% in the next 4 years. The company has suffered losses every year for the past 6 years. Last year the loss was 15.9 billion. Cash available will be depleted by 2014. The primary product, Read the full article…
