[is it 1906 or 2006?]
[Plaza Hotel]Detroit was once a shining symbol of industrialisation and the better-life dream.
However, bosses got greedy and lazy. So, as the auto manufacturers lost ground to the Japanese,
they also decided to take out their frustration on their workers.
Detroit was also the seat of crazy-ass Northern racism. So, you had out of work blacks and whites
being chased around by the police. I pretty potent mixture.
About the only thing it created was some amazing, nihilistic music
and I don't mean Motown (they left town for Cali when things got rough)
I mean:
MC5, Stooges, George Clinton and Parliament Funkadelic, White Stripes
-Cos67 ¬(%^D>
checkitout:
1
maxkeiser.com
"Feds launder $20 billion in fraud with GM IPO GUARANTEED to flop over next 6 months blowing a hole through YOUR pensions"
2
zerohedge.com
GM, Held By 112 Hedge Funds, Slides Below IPO Price
Tyler Durden's picture
Submitted by Tyler Durden on 02/24/2011 11:50 -0400
Congratulations Centrally Planned Garbage Motors: GM slides to below its IPO price, hitting $32.75. And now we get to see if GETCO has been swimming with no bathing suit on the entire time.
