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Thom's blog
Detroit is broke
On Thursday, the Motor City became the largest in U.S. history to file for bankruptcy. After decades of factory closings, and a massive decline in population, even Governor Rick Snyder's little dictator – Kevyn Orr – couldn't save the city from financial ruin. Now that Mr. Orr has moved Detroit into bankruptcy court, creditors will be forced to accept pennies on the dollar for the city's debt. Of course, Governor Snyder and Mr. Orr are calling for huge cuts to Detroit's union and pension contracts, which they've been after for some time.
Even before the bankruptcy, Mr. Orr tried to convince these groups to accept 10 cents on the dollar, and blamed public unions for the city's financial strain. Because the pension groups refused the so-called offer, Mr. Orr and Governor Snyder are blaming the bankruptcy on public workers. In a press release yesterday, Governor Snyder wrote, “Despite Mr. Orr's best efforts, he has been unable to reach a restructuring plan with the city's creditors. I therefore agree that the only feasible path to a stable and solid Detroit is to file for bankruptcy protection.”
In a press conference today, Mr. Orr indicated that secured creditors will be favored over unsecured – translation – Detroit workers are screwed. Governor Snyder has offered no alternatives other to throwing workers under the bus, like investing in the city by creating jobs and repairing infrastructure, which could be done using state funds. Instead, Snyder and Orr will use three decades of Reaganomics, outsourcing, and wage decline to destroy public unions and sell the city off in parts. And, it won't be long before Republican lawmakers in other states catch on, and use forced austerity measures to do the same in their states.
-Thom
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Tonight on The Big Picture on RT TV at 7pm and 9pm... Dr. Cornel West, Brother West: Living and Loving Out Loud (check your local listings for stations or stream at RT, and catch past shows on Youtube)
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Thursday's Daily Stack 
Hour One: Should the NRA arm every young black American?
Speech: " Social and Industrial Justice" by Theodore Roosevelt, Before the Convention of the National Progressive Party in Chicago, August, 1912. " We stand for a living wage"
Hour Two: Stalking the Koch Brothers' $$- Mike Papantonio, Ring of Fire Radio 
Video: " We'll Take Care Of The Counting" (Peter King, Alexandra Pelosi)
Article: " Constitution of the United States" Article 1, section 8". "... To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"
Hour Three: Sen. Sherrod Brown on Too Big To Fail- Senator Sherrod Brown (D-OH)
Geeky Science- did you know we're all wearing dead stars?
Book: " The Origin of Species" by Charles Darwin (free online version - scroll down to choose language, version, format). Book: " The Descent of Man" by Charles Darwin (free online version - scroll down to choose language, version, format).
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Friday on The Thom Hartmann Program, 3-6pm ET
Hour One: It's Friday and that means it's "Brunch With Bernie"... America's Senator...Senator Bernie Sanders will be here talking about all the important issues of the week and he'll be taking your calls too...
Hour Two: How conservatives bankrupted Detroit, MI- Pastor D. Alexander Bullock, Change Agent Consortium
Hour Three: Anything Goes on Townhall Friday
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...
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Monday on The Thom Hartmann Program, 3-6pm ET
We'll have all the latest news and information from the weekend...
Plus, care for a little salt on your food? A new report is out shaking up the CDC's recommendations on salt use... Is it "bad science?" I'll challenge Michelle Minton of the Competitive Enterprise Institute...
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program, Occupying The Media 3 hours a day 5 days a week" for "we the people"...
And remember...Democracy is NOT a spectator sport...it begins with you...
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Thom's Poll
Should AG Eric Holder challenge states’ “Stand Your Ground” laws?
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Watch & Listen to Thom
Protecting Black Americans From Creepy Ass Crackers!
Did you know we're all wearing dead stars?
McDonald's workers lay out a real McJob budget!
Your Take/My Take Live - Callers Go Off on Pot & Alec
The Good - The Bad - and the Very Very Naufragously Ugly!
Crazy Alert! Check out Kitty on Blow.....
It's The Private Debt Stupid!
Time to stand OUR ground against ALEC?
Or watch the Full "Big Picture" Show...
Full Show 7/18/13: Does the NRA Want African-American Men to Stand Their Ground?
Thom talks ALEC's plan to privatize our nation's schools with Attorney and Radio Host Mike Papantonio and talks with Economics Professor Steve Keen on how private debt, not sovereign debt, is the problem. Thom takes viewer video questions and phone calls in "Your Take, My Take Live," and in tonight's "Daily Take" Thom asks the NRA if they want African-American men to stand their ground.
Thom Hartmann on the News: July 18, 2013
Teddy Roosevelt and the Living Wage
Stalking the Koch Brothers' Money
The McDonald's Budget
Sen. Sherrod Brown on Too Big To Fail
Should the NRA arm every Young Black American?
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 Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook. |
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Hello All